As South Korea's two largest electronics chaebols, LG and Samsung have a history of litigation. Recently, a dispute between the companies' display divisions regarding OLED patents — and the alleged LG theft of OLED tech — has been boiling over, but the pair have agreed to put their differences aside and settle outside the courtroom. The agreement comes after a government ministry persuaded the CEOs of LG Display and Samsung Display to meet in a Seoul hotel to break the legal stalemate. Today's announcement should spell the end of all lawsuits between LG Display and Samsung Display, including a major LCD lawsuit filed back in December.
Hyunhu Jang contributed to this article
via The Verge - All Posts http://www.theverge.com/2013/2/4/3949864/lg-and-samsung-display-agree-to-patent-settlement-outside-of-courtroom
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