Today’s move — reported by the Yonhap — ends the case that Samsung put forward in September 2012 and comes a week after the companies decided to settle their issues around organic light-emitting diode (OLED) technology away from the courtroom. It is hoped that the dropping of the case will help the two companies continue to reconcile their differences.
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Samsung Display and LG Display have been in conflict for 18 months following an incident in 2011 that saw 11 Samsung Display researchers charged with leaking details of its OLED technology, which is behind the display system in smartphones, tablets, TVs and other devices, to rival LG Display.
Samsung has ended its demands but it had been seeking 1 billion won (around $920,000) in compensation for each of the 18 “confidential” technology that were said to have been divulged.
LG had also filed a patent suit which sought injunctions against some of Samsung’s most popular devices, including the Galaxy S III, the Galaxy Tab 7.7 and the Galaxy Note. Other notable incidents including Samsung’s efforts to annul seven LG patents in November 2012.
It remains to be seen whether the companies will reach a further agreement about the dispute. LG has repeatedly denied Samsung’s claims, and it even threatened to sue its rival for defamation when Samsung pressed it for an apology. That kind of tension doesn’t just disappear, but it is refreshing that both sides realized that litigation was not the smart way to play this out.
Image via Robert Scoble / Flickr