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: Samsung puts curve in OLED televisions

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

Chinese tech giant Alibaba set to make a splash with US IPO

3 hours ago

The largest tech IPO of the year will come from a company that many Americans have never heard of. Alibaba Group - a Chinese e-commerce behemoth - has decided to go public in the U.S. after months of speculation that it would ...

Ex-Apple chief plans mobile phone for India

Apr 19, 2014

Former Apple chief executive John Sculley, whose marketing skills helped bring the personal computer to desktops worldwide, says he plans to launch a mobile phone in India to exploit its still largely untapped ...

Airbnb rental site raises $450 mn

Apr 19, 2014

Online lodging listings website Airbnb inked a $450 million funding deal with investors led by TPG, a source close to the matter said Friday.

User comments : 0

More news stories

Growing app industry has developers racing to keep up

Smartphone application developers say they are challenged by the glut of apps as well as the need to update their software to keep up with evolving phone technology, making creative pricing strategies essential to finding ...

Making graphene in your kitchen

Graphene has been touted as a wonder material—the world's thinnest substance, but super-strong. Now scientists say it is so easy to make you could produce some in your kitchen.