Wednesday, December 16, 2009

Samsung Electronics Sues Sharp Over LCD-TVs as Fight Escalates


For the past two years Samsung Electronics and Sharp Corp. have been fighting for the position of prime leader in LCD technology. With many different patnets done by both companies, there have been many overlaps and as of now Samsung Electronics is suing Sharp Corp on 3 different patents. The basis of these patents are in the LCD screen portrayal of black to white proportions on imaging. From this lawsuit Samsung Electronic is hoping to gain some copensation in cash. As an analyst states, since the two companies are fighting for the LCD technology there will be many issues with copyright issues of different patents as time goes by. However, as of now Samsung Electronic is standing on top of LCD technologies while Sharp Corp is not even in the top 5. However, there have been statements that Samsung Electronic is willing to work around Sharp Corp's patents in order to work around getting banned. Though, this has not brought Samsung Electronics to back down on their lawsuit. Therefore, Samsung strongly believes that compensations need to be made. In my opinion, Samsung Electronics has right to sue Sharp Corp. Samsung Electronic spent their own time to make the LCD screen, but Sharp Corp portrayed their idea. This portrayed affected Samsung Electronic's financial. Samsung Electronic could have sold more items than they sold so far. So in my opinion compensations need to be made, and Sharp Corp should pay fine, portraying other companies' idea

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