Samsung, Osram Reach a Global LED Patent Settlement

Bloomberg has quoted from a filingled spotlights with a U.S. trade agency that, Samsung Electronics Co. and Siemens AG’s Osram unit have reached a global settlement to end a LED patent fight that Samsung filed against Osram and that was scheduled for trial at the agency on Aug. 13.

Osram’s case against Samsung went to trial in July, and the judge wasled panel light  expected to release his findings in October.

According to the filing, the settlement agreement covers those cases and “other legal proceedings throughout the world between Samsung and Osram involving LED technology.”

The companies have been fighting in Germany, Korea and the U.S. over technology that is transforming how lighting works in homes, businesses, cars and electronics.

Stefan Schmidt, an Osram spokesman pointed out in a statement,“WeLED Track Lighting can confirm that we reached a settlement with Samsung. Following the agreement, we do no led high bayt comment on the details of the settlement. Osram feels comfortable with the reached agreement.”

You may also be interested in:

• September 2011 LED light bulbs worldwide decline in retail prices remained stable, low-cost strategy for South Korean companies to grab market
• Pittsburgh to Install 3,000 LED Street Lamps
• Hubbell Lighting’s Prescolite Honored as NAED’s tED Magazine “Best of the Best” Awards
• T8 tube up to 110lumen/watte,5 years warranty
• Aixtron pointed out that there should be no worry for MOCVD overcapacity
• First Light Technologies lights up St. Pete Beach Florida with solar LED bollards