Samsung Display, Chinas BOE settle OLED patent and trade secret lawsuits | TechCrunch

Image for article Samsung Display, Chinas BOE settle OLED patent and trade secret lawsuits | TechCrunch
News Source : TechCrunch

News Summary

  • Samsung Display and China’s BOE Technology have agreed to settle a patent lawsuit concerning OLED technology.
  • The two companies have agreed that fair technological competition is essential for the advancement of the display industry.
  • Samsung in December 2022 filed a complaint with the U.S. International Trade Commission (ITC), alleging that BOE had infringed its OLED patents.
  • Samsung also filed another case in October 2023, accusing the Chinese company of stealing trade secrets by poaching employees to access confidential OLED manufacturing processes and technologies.
Samsung Display and Chinas BOE Technology, a supplier of OLED displays used in Apple devices, have agreed to settle a patent lawsuit concerning OLED technology.The two companies have agreed that [+2194 chars]

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