KOREAN HARDWARE MAKERS Samsung Display and LG Display have announced that they are going to call a truce in their ongoing patent war to instead "explore cooperation".
The Wall Street Journal reported that Samsung and LG have decided to put an end to their ongoing court battles relating to display technologies, and will instead focus on cooperating going forward.
Since 2012, both companies had sued and countersued each other over patents involving Liquid Crystal Display (LCD) and Organic Light Emitting Diode (OLED) technology, and have locked horns over allegedly poached engineers. Before deciding to drop the case, Samsung alleged that LG was infringing seven of its display patents, while LG was seeking a ban on the Galaxy Note 10.1 due to alleged patent infringement.
Samsung Display said in a statement that it has "come to an agreement with LG Display to focus on finding ways to cooperate on patent matters through discussions, and to immediately drop lawsuits over liquid crystal displays and next generation organic light emitting diode display patents."
A spokesperson for LG added, "What's most important for both of us is upgrading our competitiveness globally."
We won't be surprised if LG and Samsung team up to instead take down Apple in court. There's also a chance that the two companies might become a little too fond of each other, and as the two largest display manufacturers they could be plotting total market domination. µ
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