LG, Funai Settle Patent Suit Over Digital Displays

Law360, New York (February 1, 2010, 1:12 PM EST) -- Funai Corp. Inc. and LG Electronics Inc. have settled litigation in federal court relating to whether digital displays manufactured by Funai infringe three LG patents, though a U.S. International Trade Commission investigation into the matter continues.

Judge David Folsom of the U.S. District Court for the Eastern District of Texas signed off Friday on an order dismissing LG's claims against Funai without prejudice. Details of the settlement agreement were not released in court documents, though each party will bear its own costs.

Representatives from LG and...
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