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Mitsubishi (and the world) sue Vizio over MPEG-2 patents

It's no secret the rest of the display industry hasn't been happy with Vizio shaking up the low end with its cheap HDTVs, and now Mitsubishi and others have joined in a lawsuit accusing the manufacturer of refusing to license necessary patents. The 15 patents allegedly violated are for MPEG-2 compression that Mitsu, Sony, Samsung, Philips, Thomson, JVC and Columbia University of New York claim Vizio refuses to license. Vizio says it don't need no stinking licenses, since its suppliers already have them and it believes these licenses extend to its products. MPEG-LA also filed a similar suit against Target's TruTech house brand of televisions; while we'll have to wait for a ruling on the case to see who is right, it seems if they can't compete with these lower prices, other manufacturers will make sure cheap HDTVs cost more to make. For its part, Vizio says it does not believe this suit will have a materially adverse impact on its business, so for now, let the low-price flat screens roll.

Read - Mitsubishi, Samsung Sue Vizio Over Video Patents
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VIZIO Comments on MPEG-2 Lawsuit By Electronics Competitors