A patent struggle between LG Display and Samsung Display kicked off late last year when the latter filed a lawsuit claiming its counterpart had stolen technology secrets tied to the production of OLED screens. In turn, LG threatened its own injunctions and the fight was on but now it may be moving towards a resolution. After rumors indicated the two were trying to talk it out a few days ago Samsung Display dropped its injunction request, and now LG has responded in kind. After dropping its request for an injunction preventing the sale of Samsung’s Galaxy Note 10.1 in South Korea, LG Display says it is seeking a resolution “through an amicable negotiation” — you can read the official statement in full after the break. With any luck, these two will have hugged it out by the time their latest round of devices are ready to ship, and we can enjoy our HDTVs, phones and tablets in peace.
LG Display [NYSE: LPL, KRX: 034220], a leading innovator of display technology, announced today that it has withdrawn its request for a preliminary injunction in connection to Galaxy Note 10.1 against Samsung Electronics and Samsung Display from the Seoul Central District Court of Korea.
LG Display seeks to stop the consuming dispute with Samsung and to continue its promotion of fair competition. Based on the firm belief that a patent should be fairly assessed as a product of innovation, LG Display seeks an alternative solution through an amicable negotiation with Samsung to clarify the respective rights and duties of each party and analyze the proper value of the patents.