2.06.2013

Samsung and LG settle OLED patent dispute

flickr.com|by nodomain1|Creative Commons License
South Korean’s Samsung and LG have agreed to their patent disputes without further arguing in courts, Yonhap News reported. Ki-Nam Kim, president of Samsung Display, and Sang-bum Han, the president of LG Display, had a meeting on 4th January over an hour and finally decided to settle the patent dispute.

Kim said the company plans to "resolve the issue one by one." Han of LG Display said there will be more talks between executives of the two companies and details will be adjusted through working-level talks.

The meeting between 2 companies reached the end of the OLED patent issue, but they didn’t mention about future plans of the cases and details. Samsung and LG had 4 ongoing patent cases now, and they probably go for the new plan that own cross license.    

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