Samsung and LG settle dispute on LCD technology out of court

According to Yonhap News, Samsung has dropped a patent lawsuit against LG over an LCD technology that the latter has allegedly encroached on. These two have been involved in a year-long legal battle over their LCD and even OLED technologies, but Samsung looks like it is withdrawing its claim against LG and would like things to get settled out of court.

In another news from Yonhap, LG is considering waging a new legal battle against the Korean giant for patent infringement over "their" eye tracking technology, which they have allegedly patented since way before Samsung ever thought of using the said technology.

Let's wait if LG carries on with its eye tracking patent-infringement claims now that Samsung has agreed to settle things regarding LG's LCD blunder. Looks like these two will likely work things out instead.

source: yonhapnews