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LG accuses Samsung of OLED patent infringement, demands compensation

Published Mar 21st, 2013 10:02PM EDT
LG Samsung Patent Suit

It was believed that Samsung (005930) and LG (066570) were inching closer to patent peace, however new arguments and demands have now emerged. Samsung on Wednesday was said to have dropped another patent infringement lawsuit against the company, however LG is “doubtful” of the report. The company reasserted its claims against Samsung, alleging that the company is using LG’s OLED technology illegally, and believes it deserves compensation, the Yonhap News Agency reported. Given LG’s demands and recent threats against Samsung’s Galaxy S 4 smartphone, it seems unlikely the two companies will settle their long running patent dispute behind closed doors.