Samsung, LG call off lawsuits in patent dispute -- report
Samsung Display and LG Display have decided to settle their patent disputes through dialogue and not court proceedings, a new report out of Korea claims.
Yonhap News reported today that Samsung and LG executives met at a hotel in Seoul to discuss their lawsuits. After leaving that meeting, Samsung Display CEO Kim Ki-nam told Yonhap that the companies will "resolve the issue one by one." LG Display CEO Han Sang-beom said the executives will continue to hold discussions.
LG Display sued Samsung Display in September, alleging that one of its chief competitors is violating seven patents it holds … Read more