Pair brings end to long-running legal battles over patents.
Sony Corp and LG Electronics announced early on Thursday that the companies have moved to resolve patent disputes over products ranging from Smartphones to Blu-ray players. "LG and Sony recently agreed to drop patent infringement lawsuits against each other," a spokeswoman at South Korea's LG Electronics said.
Both companies have clashed in the United States and the European Union in recent years sine failing to renew a technology sharing agreement. Sony filed a complaint with the U.S. International Trade Commission (ITC) that sought a ban on the import of LG smartphones, such as the Rumor Touch.
In March this year, an LG complaint against Sony resulted in the seizure of PlayStation 3 (PS3) consoles by customers officers in the Netherlands. LG also told the ITC in the United States that Sony's PS3 violated patents related to the Blu-ray Disc technology.
Sony offered no public comment on the resolution of the global patent fight.
Both companies have clashed in the United States and the European Union in recent years sine failing to renew a technology sharing agreement. Sony filed a complaint with the U.S. International Trade Commission (ITC) that sought a ban on the import of LG smartphones, such as the Rumor Touch.
In March this year, an LG complaint against Sony resulted in the seizure of PlayStation 3 (PS3) consoles by customers officers in the Netherlands. LG also told the ITC in the United States that Sony's PS3 violated patents related to the Blu-ray Disc technology.
Sony offered no public comment on the resolution of the global patent fight.
