LG and Matsushita have settled a patent dispute regarding plasma displays panels out of court. Both are the number two and three on this market and both companies were afraid their patent dispute would only benefit the number one. Besides settling this dispute both companies have cross licensed patents on DVD devices and will start to cooperate in the Blu-ray Disc format.
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According to the two companies, they will cross-license their patents on not only PDPs, but also DVD devices and personal computers. In addition, they have agreed to set up a committee to work toward establishing cooperation in areas including Blu-ray Disc and SD memory card technology. |
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Source: AdvancedImaging
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