2019.09.20
Longsys held a press conference in Zhongshan on September 20, 2019, announcing the 10-year SD Memory Card License Agreement with SD-3C. Under the terms of the agreement, SD-3C has granted Longsys a royalty-bearing patent and trademark license to develop, manufacture, and sell SD and microSD memory cards worldwide.
The companies also announced that they have agreed to cooperate regarding SD-3C’s enforcement of its’ intellectual property rights in China.
"As a motivated company, Longsys is always leading the SD memory card markets in China and elsewhere,” said Huabo Cai, its CEO. "Longsys takes intellectual property rights seriously, and is pleased entered into this important agreement with SD-3C. A license from SD-3C will on one hand stimulate the investment on developing new SD memory card products of Longsys, on the other hand also brings even more advantage to Longsys while we are expanding domestic and overseas market. Longsys is interested in cooperating with SD-3C regarding to the implementation of its license program in the Chinese Market, building and maintaining a fair and competitive environment and orderly market with all the SD card and SD host manufacturers”.
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