Recently, LG Display has transferred multiple LCD-related patents to Samsung Display for the first time. Specifically, LG Display has sold 70 LCD patents in the US to Samsung Display. In addition, in June of this year, LG Display also transferred 55 such patents in South Korea to Samsung Display. This patent transfer is of milestone significance, as it is the first time that LG Display has transferred patents to Samsung Display, and Samsung Display has never transferred patents to LG Display before.
It is reported that Samsung Display exited the LCD business three years ago. After obtaining these patents, Samsung Display is expected to use them to gain a more advantageous position in patent disputes with Chinese competitors, such as BOE. Currently, Samsung Display has filed patent infringement lawsuits against BOE and China Star Optoelectronics Technology (CSOT) in the US, and these lawsuits are still ongoing. The newly-added LCD patents may cause more significant damage to Chinese companies, as the LCD market is much larger than the OLED market.
Among the patents that Samsung Display has obtained from LG Display, there are patents related to IPS technology, which is used to improve the viewing angle of LCD panels. Previously, BOE had been accused of infringing LG Display's IPS patents. In addition, in June last year, Samsung Display also obtained 107 US LCD patents from AU Optronics (AUO) in Taiwan. The accumulation of these patents will undoubtedly enhance Samsung Display's competitiveness in patent disputes.
The transfer of LCD patents from LG Display to Samsung Display involves not only the cooperation between two Korean display giants but also has the potential to profoundly impact the global display industry landscape. From a competitive perspective, Samsung Display's acquisition of LG Display's LCD patents further solidifies its patent barrier in the display technology field. This not only helps it take the initiative in patent disputes with Chinese competitors like BOE but may also affect the competitive landscape of the global LCD market. Moreover, this patent transfer may also trigger a re-evaluation of intellectual property protection and patent strategy within the industry. Against the backdrop of increasingly fierce global competition in the display industry, companies are paying more and more attention to patents.
This patent transfer marks an important step in patent cooperation between the two Korean display giants. In the future, the two sides may cooperate in more technological fields to jointly meet global competitive challenges. At the same time, this incident also reminds global display industry companies to strengthen their own patent layout and intellectual property protection to enhance their competitiveness in the global market. In the future, as display technology continues to develop and market competition intensifies, patents will become an important weapon for corporate competition.
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