Andre Yoskowitz
4 Feb 2013 22:43
Samsung Display and LG Display have agreed to settle outstanding display patent disputes with a verbal agreement.
The companies were in four separate litigations over display patents.
Samsung Display chief Kim Ki-nam and LG Display chief executive Han Sang-beom had a meeting in Seoul, and say they will "resolve the issue one by one."
This means the suits will likely be settled, with new licenses being agreed to without any need for fines or penalties.