Osram is building a new LED packaging plant in Wuxi, China, and has announced a joint effort with Samsung to resolve patent disputes worldwide.
Osram and Samsung jointly announced on Friday, August 17 that they will settle the patent disputes between the two companies worldwide and issue joint patent agreements to their respective LED patent portfolios. Earlier, Osram announced the opening of a new LED packaging plant in Wuxi, China, which is scheduled to be completed and put into production by the end of 2013.
Intellectual property settlement
According to reports, the settlement news between OSRAM and Samsung has been reported by major media for a week. Although the main content of the patent dispute has not been disclosed, it is obviously related to the lawsuit between the US International Trade Commission (ITC, US InternaTIonal Trade Commission) . The news released confirmed the development of the matter, but did not disclose too much detailed information, but just said that all patent litigation in the world would be cancelled by the end of August.
The tone of the information release just eased the previous dispute, which means that they will join hands into the future. "We believe that at present our two companies can seize the opportunity to make a significant contribution to the LED industry and provide better products to our customers," said Namseong Cho, executive vice chairman and general manager of Samsung Electronics' LED business group. Put aside patent disputes and establish strategic cooperation with OSRAM in many controversial places. "
However, Osram and Samsung refused to disclose the details of the settlement, and people have not stopped speculating on the details. German Deutsche Welleweb reported that Osram may "receive a considerable income" in the settlement.
Osram, Samsung and LG Group (both Korean companies) have a series of litigation and anti-litigation cases worldwide. At the beginning of this summer, the US International Trade Commission issued a preliminary ruling in favor of Osram.
Because Samsung has a bigger patent battle with Apple in terms of smartphones, the termination of patent lawsuits with OSRAM has made Samsung relieved. Although Osram ’s executives are hiding their joy, Osram is very satisfied with this result. "We are very pleased to cooperate with Samsung in the field of partner-based competition," Osram CEO Wolfgang Dehen said. "We respect the intellectual property rights of other companies. We are introducing policies to reach licensing agreements with other manufacturers of LED products. According to our Policy, we highly appreciate the harmonious solution with Samsung outside the court. "
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