Samsung (SSNLF.PK) is suing LG Display (LPL) with the goal of having 7 of LG's OLED patents...

|About: Samsung Electronics Co., Ltd. (SSNLF)|By:, SA News Editor

Samsung (SSNLF.PK) is suing LG Display (LPL) with the goal of having 7 of LG's OLED patents invalidated. The move comes two months after LG sued Samsung over the patents, and five months after Samsung employees were arrested for allegedly leaking circuit diagrams of Samsung's OLED panels to LG. If Samsung, which currently dominates OLED manufacturing, succeeds in slowing down LG's OLED ramp, it'll have repercussions for Universal Display (PANL).