Publish date | 25 September 2013 |
Issue Number | 1503 |
Diary | Legalbrief eLaw |
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, the world's top and number two display panel manufacturers, have locked horns over a number of patents for next-generation display technologies for TVs and other devices. A report on the News24 site notes that the two firms had accused each other of stealing liquid-crystal display and organic light-emitting diode technology and key engineers. The report says 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. Full report on the News24 site