Samsung, Matsushita May Settle Patent Suits

Portfolio Media, New York (November 21, 2007)--A long-running patent dispute over plasma screen technology may soon come to a close. South Korea’s Samsung SDI Co. and Japan’s Matsushita Electric Industrial Co. have indicated that they are attempting to settle a series of patent suits over plasma display panel technology.

In court papers filed jointly last week, the two companies said they have entered into a memorandum of understanding in which they have agreed in principle on terms and conditions of a formal settlement and...