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Osram and Samsung bury hatchet and plan joint LED development

Osram and Samsung bury hatchet and plan joint LED development

Suits have been filed between the two companies in countries including Germany, South Korea and the US. The companies aim to resolve all suits as quickly and efficiently as possible, with a settlement expected to be finalised by the end of the month. They have reached license agreements for their respective LED patent portfolios. They’ve also signed a separate memorandum of understanding to explore the possibilities of jointly developing future LED-based products.

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