Sony and LG settle patent fight, sign cross-licensing deal

Legal

Sony and LG have reached an agreement over a patent battle that involved several consumer electronics devices including televisions, the PlayStation 3 and phones, Reuters reported on Thursday. The two companies have agreed to enter a cross-licensing deal. “LG and Sony recently agreed to drop patent infringement lawsuits against each other,” an LG spokeswoman confirmed. Sony originally filed a complaint with the U.S. International Trade Commission in an attempt to block the sale of several LG phones, including the Rumor Touch. LG fired back and argued that Sony was using its patented Blu-ray technology inside the PlayStation 3.

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8 Comments
  • http://profiles.google.com/jshurak Jeff Shurak

    aaaaaand this is how business is done.  Win-Win.  <-see what I did there?

    • Anonymous

      LMAO! Neither of these companies are even making any money right now, so I doubt anyone even cares what these guys are doing! It’s not going to effect anything. A totally pointless article.

    • http://pulse.yahoo.com/_FHSNRLSY722EA2H2SSWZPHW6AE Gilbert Estes

      I paid $21.87 for an iPad 2 32-GB and my girlfriend loves her Panasonic Lumix GF 1 Camera that we got for $ 38.76 there arriving tomorrow by UPS. I will never pay such expensive retail prices in stores again. Especially when I also sold a 40 inch LED TV to my boss for $ 657 which only cost me $ 62.81 to buy. Here is the website we use to get it al from, http://to.ly/aUHr

  • Anonymous

    But but but… what will their legal deptartments do now?

    • http://www.facebook.com/people/Umairmuhammadalikhan-Umairkhan/100000724275502 Umairmuhammadalikhan Umairkhan

      *playing angrybirds*

  • Anonymous

    Take note apple, let them all have a little bit of kool aid

  • Anonymous

    I just paid $ 23.86 for an iPhone and my girlfriend loves her Dell laptop that we got for $ 38.76 there arriving tomorrow by UPS I will never pay such expensive retail prices in stores again. Especially when I also sold a 42 inch LED TV to my boss for $ 665 which only cost me $ 62,81 to buy. Here is the website we use to get it all from, GrabPenny.com

  • http://pulse.yahoo.com/_IC7DZDK24C4LNOWEK7ATVKPYSY Edgar Contreras

    I just paid $22.85 for an iPad 2-64GB and my girlfriend loves her Panasonic Lumix GF 1 Camera that we got for $38.76 there arriving tomorrow by UPS. I will never pay such expensive retail prices in stores again. Especially when I also sold a 40 inch LED TV to my boss for $674 which only cost me $62.81 to buy. Here is the website we use to get it all from, CentHub.com

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