Sunday, October 2, 2011

LG seeks ban on South Korean BMW and Audi sales, sticks out its LED lit tongue at Osram

Wouldn't it be nice if we lived in a world where we all just got along, people worked for the thrill of it, and knowledge was free? Yeah, fat chance dreamers. 'Sue', our new millennium's most oft-used verb, is getting some heavy play at the hands of the tech industry. The latest court room combatants? Why, that'd be LG Group and Osram. You see, once upon a time LG was late to the LED patent game, and was content to fork over the cash to Osram for use of its tech. Skip to now, and the electronics giant's claiming it can get its lighting goods elsewhere, picking from a plethora of relevant IP-holding companies and combining that with its own patents. Despite having already countersued Osram in July to prevent the import of that company's allegedly infringing products into South Korea, LG's gathered its legal arsenal once again to block the sale of Audis and BMWs throughout the entire country -- cars that include Osram's LED tech. It's hard to imagine the courts would grant such a wide-sweeping ban on major auto players' bread-and-butter. And all grandstanding aside, it's more likely the two fisticuffing parties will come to some sort of revised financial agreement.

LG seeks ban on South Korean BMW and Audi sales, sticks out its LED lit tongue at Osram originally appeared on Engadget on Thu, 29 Sep 2011 22:08:00 EDT. Please see our terms for use of feeds.

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Source: http://www.engadget.com/2011/09/29/lg-seeks-ban-on-south-korean-bmw-and-audi-sales-sticks-out-its/

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