The two companies have accused SK Hynix of illegally obtaining data relating to NAND flash memory technology.
The companies will develop phase-change random access memory, an advance for memory chips that will allow storage of high data volumes, according to the Korea Times.
Hynix signs on to manufacture the once-theoretical memory resistor developed in HP Labs. The first commercial product will arrive in "three to five years."
Hynix, one of the world's largest memory chipmakers, is slashing output. This may ease oversupply in the market.
One of the leading DRAM vendors plans to use technology from Innovative Silicon in future memory chips that is denser, and cheaper, than the current alternative.
New and Noteworthy: MIT declines Mac OS X for US0 laptop; Apple may use Hynix flash memory in iPods; more
The Surface 2 received a 1 out of 10 rating for repairability, due mainly to the possibility of damaging the device while trying to open it.
Micron, one of the last holdouts, settles over DRAM memory patents. The deal includes Elpida, a major supplier to Apple.
Micron wins an important case against Rambus, which had alleged that companies conspired to lock it out of the memory chip market.