According to multiple media reports in the United States, American storage chip company Micron has reached a global settlement agreement with Fujian Jinhua Integrated Circuit Co., Ltd. (referred to as "Fujian Jinhua"). The two companies will withdraw their lawsuits against each other globally and end all lawsuits between the two parties. This settlement means that the intellectual property case involving Micron Technology, Lianhua Electronics, and Fujian Jinhua, which originated in 2016, has all come to an end.