Samsung and LG Lawsuit to be Settled Out-of-Court
LG Display is suing Samsung Display over patent disputes; CEOs to hold discussions.
Last September, LG accused Samsung of seven patent violations relating to the displays of their devices. According to LG, the violations revolve around the organic light-emitting diode (OLED) display technology. Samsung is accused of using the patented technology in several of its devices, such as the highly successful Galaxy S3. Today, Samsung Display's CEO Kim Ki-nam and LG Display's CEO Han Sang-beom met in Seoul to begin out-of-court discussions with regards to the lawsuit. Ki-nam declared that Samsung would work to "resolve the issue one by one" during these discussions.
Disputes between these two tech giants aren't new. In 2010-2011, 11 Samsung employees were arrested for allegedly leaking Samsung technology information to LG. In response to last September's lawsuit, Samsung even lashed out by releasing a statement declaring that LG's allegedly violated patents "lack innovation" and should not be protected under patent law. LG's response was that the company was determined "to protect its indigenous technologies that took an enormous amount of money and people to develop over a long period of time." But it wasn't always this way. Not five years ago, the two companies were actually collaborating on digital TV standards. But the two companies are holding discussions as opposed to battling in court, potentially indicating some kind of peace-making move between them.
Photo credit: Chris Potter