LG Settles Digital TV Patent Case With TTE, TCL

Law360, New York (October 25, 2007, 12:00 AM EDT) -- LG Electronics Inc. has settled a lawsuit it brought against China's number-one television maker over digital television patents.

LG, TTE Technology Inc. and TCL Multimedia Technology Holdings Ltd. filed a joint motion to dismiss the case without prejudice on Wednesday in the U.S. District Court for the Eastern District of Texas after LG received a first payment from a settlement reached in September. Under the deal, LG agreed to dismiss the case within five days of receiving TTE's and TCL's first scheduled payment, which was made...
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