LG ELECTRONICS, LG INNOTEK REACH GLOBAL SETTLEMENT WITH OSRAM OVER LED PATENT LITIGATION
As part of the settlement, the parties also have reached a license agreement for their respective LED patent portfolios. The parties agreed to keep the details of the settlement confidential.
“We are very much satisfied with the settlement reached. It is our long-standing policy to reach license agreements with other manufacturers of LED products. Consequently, we highly appreciate this settlement with LG Electronics and LG Innotek,” said Aldo Kamper, CEO of Osram Opto Semiconductors.
“With the patent litigations now terminated, we are looking forward to building a strong relationship with Osram in the field of intellectual property,” said Si-gwan Ryu, Executive Vice President of LED Business Unit of LG Innotek Co. Ltd.
Website: http://www.lge.co.kr
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Ken Hong
LG Electronics, Inc.
+822 3777 3626
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Heejeong Choi
LG Electronics, Inc.
+822-3777-3923
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Angella Lee
LG Innotek
+822-3777-0091
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Stefan Schmidt
Osram
+49 89 6213-4680
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This news is a press release provided by LG Electronics Inc..
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2023년 9월 18일 09:41
