Samsung and LG decide to end display tech patent dispute

by John on: 09/24/2013 09:05 AM | Source | 6 comment(s) ]

LG Display and Samsung Display, the world's largest manufacturers of display panels have announced that they are ending a year-long dispute over LCD and OLED patents which has been the cause of a number of lawsuits.

Samsung released a statement saying “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'', while in a separate statement, LG claimed “What's most important for both of us is upgrading our competitiveness globally''.

A closer relationship between the two giants might very well help develop technology faster for the benefit of everyone, as long as they don't grow too fond of eachother and achieve something resemblant of total market domination.

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kanej2007
Ancient Guru

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#4660815 Posted on: 09/24/2013 09:20 AM

Finally, lol.

LesserHellspawn
Master Guru

Posts: 374
Joined: 2010-03-27

#4660882 Posted on: 09/24/2013 11:49 AM

Yep, finally. I hope others follow in that same way. Those recent lawsuits against everyone about everything are downright silly.

Loobyluggs
Maha Guru

Posts: 1342
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#4660921 Posted on: 09/24/2013 01:14 PM

Panel tech is everything.

schmidtbag
Master Guru

Posts: 494
Joined: 2012-11-10

#4661019 Posted on: 09/24/2013 04:10 PM

Yep, finally. I hope others follow in that same way. Those recent lawsuits against everyone about everything are downright silly.

Not only silly but counterproductive and a burden to the customers. Remember, we're basically paying for these companies to fight a fight we didn't ask for. While I get the impression LG isn't quite as successful in the display market, I also get the impression both companies are just about equal when it comes to quality and desirable features.

I'm glad they're coming to their senses, but in reality, there needs to be some serious revisions to the patent system. There are way too many loopholes.

nicugoalkeper
Master Guru

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Joined: 2006-04-13

#4661819 Posted on: 09/25/2013 06:55 PM

Apple did you hear that !!!!

tsunami231
Ancient Guru

Posts: 3766
Joined: 2003-05-24

#4661903 Posted on: 09/25/2013 08:52 PM

so oled tv are go? or no? lmao

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