3M, Sony Settle Lithium-Ion Battery Patent Suit

Law360, New York (July 30, 2007, 12:00 AM EDT) -- Only months after it originally filed the infringement suit, 3M Co. has reached a settlement with Sony Corp. and other companies over patents relating to lithium-ion batteries.

Under the new settlement, announced Monday, Sony and its subsidiary, Sony Electronics Inc., are now licensed sources of batteries containing 3M's lithium-ion cathode technology.

“3M believes its cathode materials... are an important technology for current and next generation lithium ion batteries. Over the past decade, 3M has invested significant resources in design, development and commercialization of advanced material technologies...
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