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: Starbucks: Computer outage disrupts sales in US, Canada

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

How smart are the mobile shoppers who use smartphones?

Apr 24, 2015

In the age of the smart phone, how smart are the mobile shoppers who use these almost ubiquitous devices? A study from South Korea published in the International Journal of Mobile Communications hopes to answer that questi ...

India's Infosys gives muted earnings, stock falls

Apr 24, 2015

Indian software giant Infosys Technologies saw its shares dip nearly seven percent Friday after it reported a single digit rise in yearly revenues and also missed quarterly profit estimates.

User comments : 0

Please sign in to add a comment. Registration is free, and takes less than a minute. Read more

Click here to reset your password.
Sign in to get notified via email when new comments are made.