January 21, 2004 – Litigation brought by International Rectifier Corp. against Hitachi Ltd. and Renesas Technology Corp., Hitachi’s JV with Mitsubishi Electric, has been settled, with all parties reaching patent cross-licensing agreement, according to Dow Jones.
The litigation stems from a discontinued licensing agreement in 2001 concerning IR’s power MOSFET chips. Last year IR had sought to nullify the establishment of Renesas in a move to revive such a licensing deal.