Fujitsu Ltd. and Samsung SDI Co. announced that they have agreed to settle their dispute over Fujitsu's patents on plasma display panels (PDPs).
The Japanese and South Korean electronics makers also agreed on the mutual use of their PDP patents for the next five years, company officials said.
Under the agreement, Fujitsu and Samsung will withdraw all the lawsuits they have filed against each other in Japan and the U.S., the two companies said. Fujitsu will also retract its request filed with Japanese customs authorities to halt imports of Samsung-made PDPs.
The legal dispute began in February, when Samsung filed a lawsuit in the U.S. seeking the nullification of Fujitsu's patents on technologies that extend the life of PDPs. (The Japan Times)
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