Samsung and LG are friends: Abandoning patent lawsuits and seeking cooperation

Sina Science and technology news Beijing time of September 25 morning, according to the Wall Street Journal Network version Tuesday reported that Samsung Electronics LCD panel manufacturer Samsung Display has reached an agreement with LG Display, both sides agreed to abandon the patent dispute involving display technology, and explore the possibility of cooperation. Samsung display and LG Display are South Korea's largest two LCD panel manufacturers, and in the past year, since both companies have tried to advance to the other side of the latest display technology to market, there has been a number of patent lawsuits. Samsung Display currently supplies display panels for electronic products such as Samsung's Galaxy smartphones, tablets and televisions, while LG Display displays panels for Apple's iphone, ipad and LG Electronics smartphone supply. At the same time, two companies also launched a surface OLED screen that can be used on televisions. "Through negotiations, we have reached an agreement with LG display that the two sides will focus on finding ways to establish cooperation in the field of patents, and agree to immediately waive legal proceedings on the LCD and next-generation OLED display technology patents," Samsung Display said in a statement. LG display in another statement, actively responded to Samsung's cooperation intentions. Display panels have become an important feature on tablet computers, smartphones and emerging wearable computing devices. For both LG Display and Samsung Display, it is important to produce high-resolution ultra-thin screens for smartphones such as Galaxy S4 and LG G2, and two companies are actively selling plastic or flex OLED screens to smartphone makers. A legal dispute between Samsung display and LG Display is related to LCD patents. Last December, Samsung Display accused LG display of violating its 7 patents, and LG Display quickly responded by asking the court to issue a ban on the Samsung Galaxy Note 10.1 tablet computer. In February this year, the relationship between Samsung display and LG Display began to ease with the intervention of the South Korean government. Two companies say their legal disputes are "internal friction" and should concentrate on fighting overseas rivals and maintaining a competitive edge. At present, the two South Korean companies and Japanese LCD panel manufacturers Japan Display and the Chinese LCD panel manufacturers launched a fierce competition, the latter is in the low-end LCD panel market to prevail. Sail)