Samsung, LG Display settled LCD/OLED patent dispute

Samsung Display and LG Display (LPL +2.1%) have settled their contentious legal battle, which resulted in multiple display patent lawsuits and accusations of trade secret theft.

Samsung says it has "come to an agreement with LG Display to focus on finding ways to cooperate on patent matters though discussions, and to immediately drop lawsuits" related to LCD and OLED IP.

The settlement is an incremental positive for Universal Display (OLED +0.8%), which counts both companies as licensees (but currently gets far more revenue from Samsung). In addition to standard mobile OLED displays, both Samsung and LG are working on flexible OLEDs and OLED TV displays.

Samsung Display was spun off from Samsung Electronics in 2012.

Comments (1)
  • Esekla
    , contributor
    Comments (4791) | Send Message
    This should further ease the mainstreaming of OLED TVs. They're not there yet, but Samsung's 30% price drop due to improve yields, just one month after introduction, shows we're getting there more quickly than anticipated. That in turn would grow UDC's earnings several times over:
    24 Sep 2013, 01:55 PM Reply Like
DJIA (DIA) S&P 500 (SPY)
ETF Screener: Search and filter by asset class, strategy, theme, performance, yield, and much more
ETF Performance: View ETF performance across key asset classes and investing themes
ETF Investing Guide: Learn how to build and manage a well-diversified, low cost ETF portfolio
ETF Selector: An explanation of how to select and use ETFs