Samsung Electronics Co and British nanotechnology company Nanoco Technologies Ltd told an East Texas federal court Friday that they have settled Nanoco's patent lawsuit over Samsung's QLED televisions the same day a jury trial was set to begin.
the court to halt the lawsuit over Samsung's alleged infringement of Nanoco patents covering "quantum dot" technology for LED displays.
Nanoco said its quantum dots are used to improve the backlighting of LED displays. It sued Samsung in 2020, alleging the Korean tech giant copied its technology after it sent Samsung samples of the dots while discussing a potential collaboration. Nanoco had asked the court for an unspecified amount of money damages and an order for Samsung to stop infringing its patents.a patent dispute over its smartphone displays with Irish patent-licensing firm Solas OLED Ltd last year, after Solas won $78 million in damages from Samsung in the same East Texas court.
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