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Thursday January 31, 1:44 PMMatsushita, Samsung settle chip patent row
Osaka-based Matsushita said the two companies will enter into a patent cross-licence agreement in the field of semiconductors, without giving further details. Matsushita and Samsung "will terminate all of the pending actions between the parties," a company statement said. The microchip patent row dates back to a suit Matsushita filed in New Jersey in January 2002 that prompted an escalating legal battle between the two electronics heavyweights. There have been a series of legal tussles between Korean and Japanese electronics giants over patents. In December Sharp Corp. said it had filed a lawsuit in Seoul against Samsung Electronics over liquid crystal display patents, following similar action against the Korean firm in Texas in August. |
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