Samsung Ended Its Korea-Based OLED Injunction Against LG

Posted on Feb 12 2013 - 2:29pm by Editorial Staff
LG

LG

The legal war between the two giants finally taken a wave off today with Samsung ended its long-timely Korea-based injunction against LG and had closed and resolved their patent disputes, Yonhap reports. The injunction based on organic light-emitting diode (OLED) technology, with now raising hopes that the two companies moving to settle their technology dispute.

The story starts when the two companies being involved in a legal battle since July when a total of 11 people affiliated with Samsung unit found on charges of leaking core technology to LG. Samsung has been seeking a total of 1 billion won (about $920,000) in compensation for each of the 18 “confidential” technology.

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Editorial Staff at I2Mag is a team of subject experts led by Karan Chopra.