Samsung, Pioneer Settle 2 Plasma TV Patent Spats

Law360, New York (January 23, 2009, 12:00 AM EST) -- Pioneer Corp. and Samsung SDI Co. Ltd. have agreed to settle two suits over several patents for plasma TV technology less than three months after a federal jury handed Pioneer a $59.4 million damages award in one of the cases.

On Thursday Judge David Folsom of the U.S. District Court for the Eastern District of Texas ordered the declaratory judgment suit stayed and canceled an upcoming hearing in the infringement suit that had already gone to trial.

The judge noted only that the parties had settled...
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