Samsung Display (SSNLF) Files Patent Suit Against BOE Technology Over OLED Tech | SSNLF Stock News

3 days ago

Samsung Display, a leading screen manufacturer and a subsidiary of Samsung Electronics, has initiated legal action against China's BOE Technology Group. The lawsuit alleges infringement of OLED patents, specifically concerning the display technology used in certain smartphone models by the Chinese company.

The legal case is focused on infringement issues related to devices including Nubia and Redmagic smartphones. Samsung Display (SSNLF, Financial) claims that BOE Technology has unlawfully utilized its patented OLED technologies in these products.

This legal move underscores Samsung Display's commitment to protect its intellectual property rights and sustain its competitive edge in the OLED market. The outcome of this lawsuit may have significant implications for both companies, as well as for the broader display technology industry.

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I/We may personally own shares in some of the companies mentioned above. However, those positions are not material to either the company or to my/our portfolios.

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