LG Display ends bid to stop sales of Galaxy Note

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LG Display ends bid to stop sales of Galaxy Note

LG Display said yesterday it has dropped its request for a domestic sales ban on Samsung Galaxy Note 10.1 devices, raising hopes the homegrown rivals are inching closer to settling their longstanding quarrel over display technology.

LG Display and Samsung Display, the world’s two biggest display makers, have been involved in a legal squabble over organic light-emitting diode and liquid-crystal display technology following investigations into an alleged leak from Samsung to LG last year.

In September, Samsung Display triggered the legal tussle by filing an injunction banning the use of its OLED technology. The dispute later expanded into an all-out patent feud involving their key affiliates Samsung Electronics and LG Electronics.

As part of the move, LG filed a sales ban injunction against the two Samsung units in December, claiming the Galaxy Note 10.1 infringes three of its LCD-related technology patents.

In a statement, No. 2 industry player LG Display said it has submitted a document to the Seoul Central District Court to nullify the application as it “seeks to stop the consuming dispute with Samsung and to continue its promotion of fair competition.”

“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,” the company said.

Samsung welcomed the withdrawal.

“In a bid to bolster the Korean display industry’s competitiveness, Samsung Display will willingly take part in talks and continue efforts to resolve the issue in a constructive direction,” the company said.


Yonhap

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