Subject : LG Electronics Concludes Patent Dispute with Sony
LG Electronics and Sony finally sat down and decided to stop fighting over claims of patent infringement. LG had claimed that Sony’s Bravia televisions and its Playstation 3 games console had infringed its patents. It had temporarily succeeded in getting a ban on the import of Playstation 3 consoles into the Netherlands. In the US, LG tried to get the International Trade Commission to sign off on a US-wide import ban on Sony Bravia televisions and Playstation 3 consoles. But this did not materialize. Sony had responded by claiming that LG’s televisions and mobile phones had infringed its patents. All this commenced after LG and Sony did not renew an existing licensing agreement, suggesting that there might have been some crossover in technologies incorporated by the two companies. But finally, the two companies signed a “memorandum of understanding.” The terms of the MOU have been not been revealed. But the two companies filed requests to dismiss their lawsuits that were pending in federal court, appearing to end the patent disputes between the two electronics giants.
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