Samsung Electronics tired of Patent Lawsuit

Accused from UK company Nanoco, 

Recently, Nanoco, a British quantum dot material technology company, filed a patent lawsuit in the Eastern District Court of Texas, USA. Because Samsung Electronics has infringed five patents of Nanoco, which are related to quantum dots. Nanoco disclosed related technologies such as providing quantum dot samples in the process of developing LCD module materials collaborating with Samsung Electronics in 2010, and claimed that Samsung Electronics achieved great success after developing QLED TV through this technology.

nanocotechnologies.com

What is Nanoco's lawsuit about?

Nanoco has been trying to sell the company for several years. It has been proposed to mergers and acquisitions with some companies, but it has not been known to date. Industry officials believe that Nanoco has started noise marketing to close the sale early. This is because if they get the attention from the market by suing Samsung Electronics, the world's No. 1 quantum dot display technology company, Nanoco could be sold easily. In particular, many say that Chinese companies, which are trying to catch up with Samsung’s display technology, will be attracted to Nanoco with the technology necessary for QLED development.

wipsglobal.com
<Nanoco's patent related to display technology>

Samsung Electronics sued by patent monster,

Neodron, founded in Ireland in 2018, is a patent monster that makes profits by purchasing patents at low prices from companies from different countries and then suing other companies. Recently, Neodron sued global companies such as Samsung, LG, Amazon and Apple to ITC for violating its smartphone touch screen patent. Samsung Electronics was accused of NeoDron last year, and it is known that investigation is underway. The ITC must decide whether to begin the investigation within one month after receiving the complaint from Neodron.

wipsglobal.com
<Neodron's patent related to display technology>

How can you avoid a patent dispute?

Samsung Electronics will be very tired of being accused of the old partners and patent monsters. In fact, Samsung Electronics won’t think it would be a big blow because it has a system to prepare for it through numerous patent disputes, but it is certainly not good to be involved in patent disputes. This is because a lot of time and the cost are inevitable. Hope the dispute will be resolved well.