TELECOM Digest OnLine - Sorted: LG and Matsushita to Settle Plasma Dispute -- Paper

LG and Matsushita to Settle Plasma Dispute -- Paper

Monty Solomon (monty@roscom.com)
Sun, 3 Apr 2005 01:12:28 -0500

Reuters
Saturday, April 2, 2005; 8:28 AM

TOKYO (Reuters) - The world's No. 1 and 3 suppliers of plasma panels,
the key component in flat-screen televisions, have agreed to settle
their dispute over plasma display technology, a newspaper said on
Saturday.

South Korea's LG Electronics Inc. and Japan's Matsushita Electric
Industrial Co. filed lawsuits against each other last year, claiming
infringements on patents related to plasma technology. The suits have
led to a halt of imports of LG panels into Japan and Matsushita panels
to South Korea.

The tussle has been just one of a number of legal disputes over panel
technology among Japanese firms and rivals from South Korea and
Taiwan, underscoring a fierce fight for position in the potentially
lucrative market for flat panel TVs.

The two companies have been holding talks and are expected to agree on
a settlement that would require LG to pay royalties to Matsushita
while allowing each firm access to some of the other's patents, the
Nihon Keizai Shimbun said.

http://www.washingtonpost.com/ac2/wp-dyn/A20736-2005Apr2

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