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Solas and LG Settle Patent Infringement Case, Next Up Samsung
Solas OLED Ltd. (“Solas”), an OLED patent troll, has entered into a Settlement and License Agreement with LG Display Co. resolving a number of patent infringement actions brought by Solas against LG Display and a certain number of its customers, including Sony Corporation. While the terms of the agreement are confidential, it brings to an end the respective patent litigation between Solas and LG, including counter-actions, concerning Solas’ OLED technology in Germany, China and the United States. The patent license not only frees up the OLED TV marketplace for LG Display, but also for the customers of its OLED panels, including Sony and Panasonic. Solas recently instituted action brought in the United States International Trade Commission against Samsung and BOE, with patent infringement action scheduled for trial against Samsung to begin on March 1, 2021 in the United States District Court for the Eastern District of Texas.
Solas OLED Ltd. (“Solas”), an OLED patent troll, has entered into a Settlement and License Agreement with LG Display Co. resolving a number of patent infringement actions brought by Solas against LG Display and a certain number of its customers, including Sony Corporation. While the terms of the agreement are confidential, it brings to an end the respective patent litigation between Solas and LG, including counter-actions, concerning Solas’ OLED technology in Germany, China and the United States. The patent license not only frees up the OLED TV marketplace for LG Display, but also for the customers of its OLED panels, including Sony and Panasonic. Solas recently instituted action brought in the United States International Trade Commission against Samsung and BOE, with patent infringement action scheduled for trial against Samsung to begin on March 1, 2021 in the United States District Court for the Eastern District of Texas.
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Barry Young
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