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AUO, Samsung sign patent cross-license agreement

Posted: 17 Jan 2006 ?? ?Print Version ?Bookmark and Share

Keywords:AU Optronics? Samsung? patent?

AU Optronics Corp. (AUO) announced that it has signed with Samsung Electronics Co. Ltd a broad patent cross-license agreement to allow expanded access to the patent portfolios each company holds.

According to the press release, this agreement is a significant expansion of the companies' relationship to enhance the development and delivery of innovative digital consumer electronics products by sharing each other's respective technologies.

The coverage of the cross license includes patents in the area of TFT-LCD and OLED, especially the technology for LCD TV application. AUO and Samsung disclosed that they expect the agreement to bolster the development and deployment of TFT-LCD technology in the LCD TV, giving a new catalyst to strengthen the competitiveness of the two companies.

Both companies have invested heavily in research and development of flat panel display technology. With the sharing of each other's patents, AUO and Samsung believe this to be an opportunity for further technological and business cooperation.

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