Maxeon Solar Technologies Settles Patent Dispute With Tongwei Solar

MT Newswires Live

2024/12/30

Maxeon Solar Technologies (MAXN) and Tongwei Solar said Monday that they have settled their patent disputes.

The companies also said they signed a cross-licensing agreement related to shingled solar cell and module technology. The agreement became effective Nov. 30.

Financial terms were not disclosed.

Shares of Maxeon Solar were down 1.7% in recent premarket activity.

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