Samsung”, “LG” they abandon the litigation between them




Samsung”, “LG” they abandon the litigation between them
This comes a year after the dispute over patents on display “screens”.

The two companies have reached South Korea “Samsung” and “LG” my agreement to resolve the dispute between them since patents on display “screen”, after the both parties to abandon lawsuits against each other.

Company Samsung had filed suit in December 2012 against LG, accusing it of stealing Technology LCD screens (LCD), in September 2012, both parties sued each other over the “old” technology (OLED), claiming “LG” that the other was over the patent for the technique, while accusing the “Samsung” counterpart of stealing information for technical staff.

After the agreement, the company issued a “Samsung” statement, which said that both agreed on the need to focus both companies to establish leadership in the global marketplace through collaboration, rather than engaging in patent disputes.

Meanwhile, LG has issued a statement, saying, “the most important for both of us is to raise our competitiveness at global level.”

Observers said the news reflects the importance of their businesses to compete through innovation instead of lawsuits.
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