LG Display has filed a lawsuit in South Korea alleging Samsung Electronics of infringing patented technology covering Organic Light-Emitting Diode (OLED) displays, a new report reveals.
According to the Yonhap News Agency, LG Display filed a lawsuit against its largest rival in the display manufacturing business on Thursday.
The development was announced by LG at an emergency press conference in Seoul where it said Samsung products violated its patents on OLED display, Yonhap said.
The move from LG comes after Samsung earlier this month accused its rival of stealing trade secrets in manufacturing OLED displays.
According to LG Display, Samsung has infringed on seven patents it owns covering technology used in OLED displays.
In its lawsuit, it named the Samsung Galaxy S III, Galaxy S II, Galaxy S II HD, Galaxy Note and Galaxy Tab 7.7 as infringing devices.
LG Display is reportedly asking for a billion won for each patents it alleges Samsung of violating. This means that the company is seeking 7 billion won or about $6.26 million from Samsung.
According to the company, it has filed the lawsuit not only to protect and impose its intellectual property rights but also to support fair competition.
Furthermore, it said Samsung Electronics and Samsung Display – Samsung Electronics division which makes display panels for mobile devices and other consumer electronics devices such as laptops and television sets – have not paid to use its technology.
LG Display said that it has poured vast amounts of resources including years of research and budget allotments to develop unique display technology.
The company is demanding that Samsung stop its alleged act of unauthorized use of LG Display technology.
Meanwhile, Samsung earlier this month accused its rival, which currently stands as the world’s second largest manufacturer of display panels, of stealing trade secrets over OLED technology.
The alleged theft is said to have been carried out by LG Display by baiting former Samsung employees into working for the firm.
“LG Display has consistently acquired our OLED technologies and other business secrets by inducing our researchers to transfer,” Samsung said then, according to Yonhap.
“Over the past 10 years, we invested more than 1 trillion won in the field. Thanks to our efforts, we now hold exclusive tech that allows us to claim nearly 99 percent of the world’s OLED market,” the company added through a statement made by one of its executives.
LG Display said then that it will countersue Samsung which has prompted some observers to note that this latest case may be LG’s countersuit against its South Korean rival.