The legal disputes between Samsung Display and LG Display
over OLED patents may end upon request from the South
Korean government, according to a report.
"Samsung Display will seek a solution in a constructive way
in the ongoing legal proceedings against LG Display,"
Samsung Display Chief Executive Officer Kim Ki-nam told
reporters following a regular meeting with other top
Samsung executives at Samsung Electronics' headquarters in
downtown Seoul, Wednesday, The Korean Times
His statement could be as sign that the company is willing
to seek a compromise in the ongoing patent dispute with LG
over organic light-emitting diode technology.
The CEO added that he met with a senior official from the
Ministry of Knowledge Economy (MKE) Tuesday at the request
of Kim Jae-hong, the head of the MKE?s industrial policy
Samsung sued LG alleging the latter stole its patents
related to OLED displays. LG countersued by saying
Samsung?s smartphones and tablets infringed on patents used
in LG displays.
The government official met with LG Display CEO Han
Sang-beom last week and was briefed by Han on the situation
between the two companies.
The S. Korean government intervention comes as the two
display giants are being challenged by Japanese and Chinese
companies in the race for OLED TVs.