{"url":"https://newsforagent.com/news/2026-11-11/netlist-q3-sales-sk-hynix-license","markdown_url":"https://newsforagent.com/news/2026-11-11/netlist-q3-sales-sk-hynix-license.md","title":"Netlist Q3 Sales Jump 149% as CEO Hints at SK Hynix License","headline":"Netlist Posts $105.1 Million in Q3 Net Sales and Signals SK Hynix Licensing Talks","description":"Netlist's Q3 net sales rose 149% to $105.1 million, and CEO C.K. Hong hinted on the analyst call that an SK Hynix memory licensing deal could be next.","section":"Earnings & Results","published_at":"2026-11-11T07:33:42+00:00","modified_at":"2026-11-11T07:33:42+00:00","author":"News Desk","key_takeaways":["Netlist reported third-quarter net sales of $105.1 million, up 149%, including initial license fees from Samsung.","CEO C.K. Hong told analysts that SK Hynix is the next logical licensing partner after Samsung and Micron.","Netlist's Micron settlement pays $30 million quarterly through the third quarter of 2031, totaling $600 million."],"companies":[{"name":"Netlist","is_primary":true,"profile_url":"https://akta.pro/company-profiles/00035t2/netlist","website":"http://www.netlist.com"},{"name":"SK Hynix","is_primary":false,"profile_url":"https://akta.pro/company-profiles/000043y/sk-hynix","website":"http://www.skhynix.com"},{"name":"Micron Technology","is_primary":false,"profile_url":"https://akta.pro/company-profiles/00003cx/micron-technology","website":"http://www.micron.com"}],"source":{"publisher":"Stocktwits","title":"Netlist CEO Hints Licensing Deal With SK Hynix Is In Works After Q3 Sales Rise 150%: Retail Turns Bullish","url":"https://stocktwits.com/news-articles/markets/equity/netlist-ceo-hints-licensing-deal-with-sk-hynix-is-in-works-after-q3-sales-rise-150-retail-turns-bullish/cNGDiZ6R9JC"},"other_sources":[],"tags":["Earnings & Results","Netlist","SK Hynix","Micron Technology"],"body_markdown":"Netlist reported third-quarter net sales of $105.1 million, up 149%, and net income of $85.4 million, or $0.22 per diluted share, as its Samsung license began contributing revenue. CEO C.K. Hong told analysts on the call that SK Hynix is the next logical licensing partner, [Stocktwits](https://stocktwits.com/news-articles/markets/equity/netlist-ceo-hints-licensing-deal-with-sk-hynix-is-in-works-after-q3-sales-rise-150-retail-turns-bullish/cNGDiZ6R9JC) reported on November 11.\n\n## Netlist's Q3 Results and the SK Hynix Signal\n\n[Netlist](https://akta.pro/company-profiles/00035t2/netlist) designs and sells memory modules and storage products for servers and data centers, and licenses patents on memory technology to semiconductor companies. The third quarter of 2026 compared with a net loss of $7 million, or $0.02 per share, a year earlier. Net sales included initial license fees from Samsung.\n\n\"So we have Hynix and Micron and there is the third largest -- they are the 1 and 3 largest manufacturers of memory, Samsung and Micron, sorry. And then you have Hynix. So I think we can deduce what the next logical license would be,\" Hong said on the analyst call. He added that Netlist will pursue \"other significant parties outside of the 3 major memory suppliers.\"\n\n\"We are pleased to report our third consecutive quarter of significant year-over-year revenue growth and improved profitability led by both product sales and the recognition of license revenue under our Samsung agreement,\" Hong said in the press statement.\n\n[SK Hynix](https://akta.pro/company-profiles/000043y/sk-hynix) named former development chief Hyun Ahn to lead a new Americas unit, DIGITIMES Asia reported on November 11, as competition for custom high-bandwidth memory pushes suppliers closer to US chip designers.\n\n## Netlist's Samsung and Micron Settlements\n\nAccording to akta.pro [company records](https://akta.pro/company-data), Netlist entered a five-year strategic alliance with Samsung Electronics in August 2026 that includes a patent cross-license, up to $750 million in net patent license fees ($200 million upfront plus quarterly payments up to $27.5 million), up to $1.5 billion in memory product supply, technology cooperation, and Samsung's purchase of 10 million Netlist shares, settling all pending litigation. The same records list a patent cross-licensing and supply agreement with SK Hynix covering its discrete DRAM and NAND components, memory modules and automotive solutions.\n\nNetlist settled all pending disputes with [Micron](https://akta.pro/company-profiles/00003cx/micron-technology) in October 2026; Micron received a five-year license and agreed to pay $30 million quarterly through the third quarter of 2031, totaling $600 million, Stocktwits reported.\n\n## Netlist's Path From Micron to the Q3 Call\n\nOn October 16, 2026, FinancialContent Business Page reported that Netlist reached a settlement with Micron paying $600 million over five years for a license to its patent portfolio covering server DIMMs and High Bandwidth Memory, with payments running from the fourth quarter of 2026 through the third quarter of 2031. On November 6, 2026, Law360 reported that Netlist filed complaints against Lenovo, Kingston Technology Corp. and others for alleged flash memory patent infringement at the U.S. International Trade Commission and in California federal court on the same day. On November 10, 2026, Seeking Alpha reported Q3 GAAP EPS of $0.22 and net sales of $105.1 million, up 148.9% year-over-year.\n\n## Netlist's Next Steps\n\nNetlist's Micron license payments run from the fourth quarter of 2026 through the third quarter of 2031, FinancialContent Business Page reported.\n","publisher":{"name":"News for Agent","url":"https://newsforagent.com"}}