Thursday, November 26, 2015   

Samsung, LG bury hatchet over display tech dispute
(09-24 10:21)

South Korean electronic giants Samsung and LG have agreed to end a year-long battle over display technology patents that spawned a series of lawsuits.
LG Display and Samsung Display – respectively the world's top and number two display panel manufacturers – had locked horns over a number of patents for next-generation display technologies for TVs and other devices.
“It was agreed that we two should focus more on cementing our leadership in the global market by cooperation, instead of engaging in all-consuming patent disputes,'' Samsung Display said in a statement late Monday.
“What's most important for both of us is upgrading our competitiveness globally,'' LG said.
The two firms had accused each other of stealing liquid-crystal display (LCD) and organic light-emitting diode (OLED) technology and key engineers.
The OLED technology helps produce screens that are thinner, consume less power and offer a sharper picture than conventional flat-panel panels and is seen as a future growth driver in the TV market. –AFP

Other Business breaking news:
Osborne abandons UK tax credits (11-25 21:32)
Europe equities rally (11-25 21:16)
Hungary plans yuan bonds (11-25 21:05)
Singapore cuts growth forecast to 2pc (11-25 20:09)
Lufthansa cabin crew to continue job talks (11-25 17:24)
High-speed traders face registration rule (11-25 17:16)
Toyota Corollas and other models recalled for air bag defects (11-25 16:45)
Hang Seng closes lower, Shanghai gains (11-25 16:18)
US stocks rebound (11-25 11:16)
HK stocks lower, CKI and Power Assets shares dip (11-25 11:12)

More breaking news >>

© 2015 The Standard, The Standard Newspapers Publishing Ltd.
Contact Us | About Us | Newsfeeds | Subscriptions | Print Ad. | Online Ad. | Street Pts


Home | Top News | Local | Business | China | ViewPoint | CityTalk | World | Sports | People | Central Station | Spree | Features

The Standard

Trademark and Copyright Notice: Copyright 2015, The Standard Newspaper Publishing Ltd., and its related entities. All rights reserved.  Use in whole or part of this site's content is prohibited.   Use of this Web site assumes acceptance of the
Terms of Use, Privacy Policy Statement and Copyright Policy.  Please also read our Ethics Statement.