LG settles LED patent dispute with Siemens

LG settles LED patent dispute with Siemens
LG Electronics has said today that they have reached an agreement with Siemens over an LED patent lawsuit.

More specifically, LG's component unit Innotek settled with Siemen's light bulb unit Osram.

Besides the LED suits, the two companies also agreed to "cross-license each other's LED patents and drop all litigation related to lighting product technology that they filed last year against each other in South Korea, the United States, Japan, China and Germany," says Reuters.

Other financial terms were not disclosed.

Osram made a similar deal two months ago with Samsung.

Written by: Andre Yoskowitz @ 4 Nov 2012 23:27
LG Lawsuit ostram innotek
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  • shadow758

    if these 2 can play nicely then Apple should take a leave out of their book and learn to play nicely too.

    9.11.2012 01:22 #1

  • ddp


    9.11.2012 19:26 #2

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