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Solas OLED settles patent disputes with LG Display
Solas OLED, an Irish company that specialises in OLED technologies that it licenses to consumer electronics manufacturers, has entered into a Settlement and License Agreement with LG Display, resolving a number of patent infringement actions brought by Solas against LG Display and a certain number of its customers, including Sony.
While the terms of the agreement are confidential, it brings to an end the respective patent litigation between Solas and LG, including counter-actions, concerning Solas’ OLED technology in Germany, China and the United States. “We are very pleased that LG Display has taken a license to the Solas patent portfolio. The patent license not only frees up the OLED TV marketplace for LG Display, but also for the customers of its OLED panels, including Sony and Panasonic. It does not, however, include Samsung, which continues to market infringing OLED products, including tablets, watches and phones,” says Aoife Butler, General Counsel of Solas, in a press release. “In addition to a recently instituted action brought in the United States International Trade Commission against Samsung and BOE, Solas is now focused on the upcoming patent infringement action scheduled for trial against Samsung to begin on March 1, 2021 in the United States District Court for the Eastern District of Texas. The licensing of the Solas patent portfolio means that the true innovators, which includes in this case scientists at Stuttgart University, are recognized for their ingenuity and the University is participating in the great success of the protected technology so that it can continue to create and develop exciting new technologies,” Aoife Butler continues.
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Kioxia expands two new facilities in Yokohama Memory specialist Kioxia is planning to invest JPY 20 billion (EUR 151 million) to expand its Technology Development Building at its Yokohama Technology Campus and to establish its new Shin-Koyasu Advanced Research Center.
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German components distribution experiences massive surge in demand German components distribution (according to FBDi e.V.) records almost 50% increase in order intake in the first quarter of 2021. Sales still slightly down at -6.1%. Components shortage prevents better result.
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MKS Instruments to acquire optical sensor specialist MKS Instruments has entered into a definitive agreement pursuant to which MKS will acquire Photon Control for CAD 3.60 per share, in an all-cash transaction valued at approximately CAD 387 million (EUR 263.85 million).
50 billion transistors on a fingernail-sized chip IBM has unveiled a breakthrough in semiconductor design and process with the development of the world's first chip announced with 2 nanometer nanosheet technology.
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Teledyne e2v starts cleanroom upgrade Teledyne e2v Semiconductors have laid the first stone to what will become the company's new upgraded semiconductor assembly and test cleanroom at the factory near Grenoble, France.
GaN IC company Navitas to go public GaN Power ICs specialis, Navitas Semiconductor, has entered into a definitive agreement to combine with Live Oak Acquisition Corp. II, a publicly-traded special-purpose acquisition company. The transaction, which values the combined entity at $1.4 billion, will result in Navitas becoming a publicly-traded company.
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Ericsson and Samsung sign global patent license agreement Ericsson and Samsung have reached a multi-year agreement on global patent licenses between the two companies, including patents relating to all cellular technologies. The cross-license agreement covers sales of network infrastructure and handsets from January 1, 2021.
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Sources: TSMC is planning five additional fabs in Arizona The worlds biggest semiconductor foundry is reportedly planning to build several new manufacturing facilities in the US, more specifically in Arizona.Load more news