After three years of spent treasure, Sharp and Samsung have finally settled their LCD patent fight. Although the terms of the agreement won't be made public, a Sharp spokesman was caught boasting about conditions that "will be in favor of Sharp" -- the company that kicked off the battle back in 2007. As a recap, the disputed patents covered LCD TVs, monitors, and mobile phones in lawsuits filed in the US, Europe, Japan, and South Korea. After a string of defeats in the US and Europe resulted in an import ban on its panels, Samsung, it seems, was left with little choice but to settle on Sharp's terms.

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Sharp and Samsung settle LCD patent cases, end legal dispute