The deal ends litigation, gives Samsung access to Netlist's patent portfolio, and secures DRAM and NAND supply as both companies deepen ties in AI memory.
Netlist said it has entered a five-year strategic alliance with Samsung Electronics covering patent cross-licensing, memory product supply and technology collaboration, while also ending pending legal disputes between the companies. A key part of the arrangement is Samsung's agreement to subscribe for up to 10 million shares of Netlist common stock, a move the company said ties the two sides more closely as demand grows for AI memory. Netlist CEO C.K. Hong said, "We are pleased to renew this partnership and look forward to working closely with Samsung. These strategic agreements reflect a shared commitment to innovation in AI memory and validate the value of Netlist's intellectual property." Under the agreement, Samsung will gain access to Netlist's complete patent portfolio, including technologies related to server DIMM (Dual In-line Memory Module) and HBM (high-bandwidth memory). Samsung will also supply DRAM and NAND flash products to Netlist, giving it a steadier component base for next-generation memory products. Netlist said the transaction details were disclosed in an 8-K filing with the SEC (U.S. Securities and Exchange Commission), and the company will discuss the announcement on a conference call at 8:30 a.m. Eastern Time on August 5.