Sharp makes up with Samsung

AUTHOR: Inavate

Sharp says it has signed an agreement with Samsung that will end three years of disputes over LCD panels and modules.

On February 5, Sharp Corporation and Samsung Electronics signed a settlement agreement to end ongoing patent infringement disputes.

Since 2007, each company had brought lawsuits against the other in the U.S., Japan, Korea, and Europe, alleging that each company infringes on the other's patents for LCD panels and modules. Based on this settlement, all lawsuits will be promptly withdrawn, bringing an end to all patent infringement litigation between the two companies.

This settlement will allow the two companies to mutually utilise the disputed patents relating to LCD panels and modules, owned worldwide by each company.