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OSRAM GmbH Marcel-Breuer-Str. 6 80807 München, Germany http://www.osram.de
Contact Ms Sunghae Park +82 31-209-7037
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OSRAM GmbH

Osram and Samsung reach global settlement over LED patent suits

Joint Press Release by Osram and Samsung

(PresseBox) (Munich, )
OSRAM AG and Samsung Electronics Co., Ltd. have reached an agreement to settle all patent suits between them worldwide. The patent suits have been filed in various countries amongst others Germany, South Korea and in the United States of America. The parties will dismiss all suits as expeditiously as possible, with a settlement consequently expected to be finalized by the end of August, 2012. As part of the settlement, the parties have reached license agreements for their respective LED patent portfolios. The parties have also signed a separate memorandum of understanding to explore the possibilities of jointly developing future LED-based grmtnesr.

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The publisher indicated in each case (see company info by clicking on image/title or company info in the right-hand column) is solely responsible for the stories above, the event or job offer shown and for the image and audio material displayed. As a rule, the publisher is also the author of the texts and the attached image, audio and information material. The use of information published here is generally free of charge for personal information and editorial processing. Please clarify any copyright issues with the stated publisher before further use. In case of publication, please send a specimen copy to service@pressebox.de.