Samsung, LG end patent dispute on display technology

Sep 24, 2013
People look at curved OLED TV screens in Berlin on September 5, 2013.

South Korean electronic giants Samsung and LG have agreed to end a year-long battle over display technology patents that spawned a series of lawsuits.

LG Display and Samsung Display—respectively the world's top and number two display panel manufacturers—had locked horns over a number of patents for next-generation display technologies for TVs and other devices.

"It was agreed that we two should focus more on cementing our leadership in the global market by cooperation, instead of engaging in all-consuming patent disputes," Samsung Display said in a statement late Monday.

"What's most important for both of us is upgrading our competitiveness globally," LG said.

The two firms had accused each other of stealing liquid-crystal display (LCD) and organic light-emitting diode (OLED) technology and key engineers.

The OLED technology helps produce screens that are thinner, consume less power and offer a sharper picture than conventional flat-panel panels and is seen as a future growth driver in the TV market.

The two rivals' mother companies—Samsung Electronics and LG Electronics—are the world's top and second-largest TV makers respectively.

LG claimed last year that key Samsung products, including its global hit Galaxy S smartphones, violated LG's OLED technology and sought financial damages and injunction against five Samsung devices.

The high-profile dispute led Seoul's trade minister to arrange a meeting between the two firms' CEOs in February.

Explore further: Court won't restore Oracle's $1.3B verdict vs. SAP

add to favorites email to friend print save as pdf

Related Stories

LG accuses Samsung of infringing patents

Sep 27, 2012

South Korea's LG Display, one of the world's top flat-screen TV makers, said Thursday it had filed a patent infringement suit against Samsung Electronics over the use of advanced displays.

Samsung hits back at LG in patents row

Nov 19, 2012

South Korea's Samsung has hit back at rival LG in a patents row over next-generation display panels, with both firms accusing the other of stealing technology and senior staff to grab a lead in the market.

LG seeks ban on Samsung tablet sales in Korea

Dec 28, 2012

South Korea's LG Display said on Friday it had asked a Seoul court to ban the domestic sale of Samsung's Galaxy Note 10.1 tablet computer, citing alleged patent infringements.

Recommended for you

China's Alibaba plans IPO for week of September 8

6 hours ago

Chinese e-commerce giant Alibaba plans to hold its initial public offering on the US stock market the week of September 8, the Wall Street Journal reported Saturday, citing a person familiar with the matter.

Tablet sales slow as PCs find footing

7 hours ago

Tablets won't eclipse personal computers as fast as once thought, according to studies by market tracker International Data Corporation (IDC).

Chinese e-commerce rivals challenge Alibaba (Update)

Aug 29, 2014

China's biggest property developer, Wanda Group, and Internet giants Baidu and Tencent unveiled a new e-commerce venture Friday in a challenge to industry leader Alibaba Group ahead of its U.S. stock offering.

User comments : 0