PatentViolation
Latest
LG countersues Hitachi for PDP patent infringement... sigh
Just two months after Hitachi sued LG for PDP patent infringement in the litigious-playgrounds of Texas, LG has countersued Hitachi of course. LG's suit seeks monetary compensation and an injunction prohibiting Hitachi from violating its seven plasma display panel patents. Exactly the same claim Hitachi made earlier give-or-take a few patents. While we're fine with the plausible defense of intellectual property, LG's comment on the maneuver has us worried about a bleak future for consumer electronics litigation, "Japanese firms are filing more and more lawsuits as competition in the global display market has increased dramatically. We will proactively deal with the situation based on our patented and patent-applied-for technologies." In other words, firms must sue to compensate their dwindling margins. To make matters worse, LG and Hitachi are (or were) close business partners in areas which include consulting and data storage. A partnership with a Vision statement based on "mutual trust." Riiight.
