OLED Patent Dispute Comes to an End as ‘Samsung and LG’ Choose to Focus on Cooperation
Samsung Display and LG Display ended the year long dispute in a patent battle over LCD- and OLED-related technology.
Samsung and LG the world’s top two display panel manufacturers filed lawsuit over a number of patents for next-generation display technologies for TVs and other devices. The two firms had accused each other of stealing liquid-crystal display (LCD) and organic light-emitting diode (OLED) technology and key engineers.
But now it seems both the companies wants to focus more on the market than on the lawsuits, individual statements from the company say:
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.
While the statement from LG said:
What’s most important for both of us is upgrading our competitiveness globally,” LG said.