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TI AND SANYO REACH SEMICONDUCTOR LICENSE AGREEMENT AND WILL DISMISS LAWSUITS

 DALLAS, Nov. 24 ~PRNewswire~ -- Texas Instruments Incorporated (NYSE: TXN) and Sanyo Electric Co., Ltd. today announced they have signed a worldwide patent cross-license agreement covering semiconductor technology. As a result, Sanyo will dismiss its antitrust action against TI in U.S. District Court in San Francisco, and TI will dismiss its patent infringement action against Sanyo in U.S. District Court in Dallas.
 The new agreement excludes the Kilby '275 patent, and both parties retain the ability to pursue their rights in Japan concerning the patent.
 During the term of the agreement, TI will receive royalty payments based on Sanyo's worldwide sales of semiconductors. The new agreement runs until Nov. 30, 1996.
 -0- 11~24~92
 ~NOTE TO EDITORS: Texas Instruments Incorporated, headquartered in Dallas, Texas, is a high-technology company with sales or manufacturing operations in more that 30 countries. TI develops, manufactures and markets semiconductors, defense electronics systems, software productivity tools, computers and peripheral products, custom engineering and manufacturing services, electrical controls, metallurgical materials, and consumer electronic products.~
 ~CONTACT: Terri West of Texas Instruments, 214-995-3481. Please do not publish this number.~
 (TXN)


CO: Texas Instruments Incorporated; Sanyo Electric Co., Ltd. ST: Texas IN: CPR SU: LIC

PS -- NY029 -- 0980 11~24~92 10:44 EST
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Publication:PR Newswire
Date:Nov 24, 1992
Words:206
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