Fujitsu and Samsung settle Plasme Display patent disputes

Posted on Tuesday, June 08 2004 @ 0:00 CEST by Thomas De Maesschalck
Fujitsu and Samsung have settled their legal dispute regarding plasma display panel patents. Terms of this agreement were not disclosed, but both companies have said that they are pleased that this small conflict has been quickly resolved.
The companies have been filing lawsuits and counter-lawsuits in the United States and Japan centred on Fujitsu’s rights to the patents. Fujitsu was a pioneer in the technology and had accused Samsung of violating its patents. Samsung said its panels don’t constitute patent violations.

Under the agreement, the companies will withdraw all claims made in the US and Japanese courts about Fujitsu’s plasma display patents, they said in a statement. As part of that legal battle, Japan suspended the import of Samsung panels. Samsung then filed a lawsuit requesting a reversal of the Japanese ban. South Korea had also protested the move. But Fujitsu will withdraw its request to halt Samsung panel imports as part of the settlement.
Fujitsu and Samsung each have a market share of about 20 to 25 per cent in the plasma display panel market.

Source: The Times of India

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Thomas De Maesschalck

Thomas has been messing with computer since early childhood and firmly believes the Internet is the best thing since sliced bread. Enjoys playing with new tech, is fascinated by science, and passionate about financial markets. When not behind a computer, he can be found with running shoes on or lifting heavy weights in the weight room.

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