{"id":38942,"date":"2023-02-05T08:54:56","date_gmt":"2023-02-05T09:54:56","guid":{"rendered":"https:\/\/peymantaeidi.net\/stem-cell\/?p=38942"},"modified":"2023-02-05T10:35:41","modified_gmt":"2023-02-05T10:35:41","slug":"samsung-led-settles-with-150m-says-nanotech-firm-samsung-electronics-co-has-decided-to-give-150-million-to-british-nanotechnology-startup-nanoco-technologies-to-resolve-patent-issues","status":"publish","type":"post","link":"https:\/\/peymantaeidi.net\/stem-cell\/2023\/02\/05\/samsung-led-settles-with-150m-says-nanotech-firm-samsung-electronics-co-has-decided-to-give-150-million-to-british-nanotechnology-startup-nanoco-technologies-to-resolve-patent-issues\/","title":{"rendered":"Samsung LED settles with $150m, says nanotech firm  Samsung Electronics Co. has decided to give $150 million to British nanotechnology startup Nanoco Technologies to resolve patent issues."},"content":{"rendered":"<p>Samsung LED settles with $150m, says nanotech firm &#8211; TechStory<\/p>\n<div id=\"cb-outer-container\" class=\"site\">\n<div id=\"cb-container\" class=\"site-inner container clearfix\">\n<header id=\"masthead\" class=\"site-header-block site-header clearfix site-header-1 header-skin-1 site-img-1 mm-ani-1 mm-skin-2 main-menu-skin-1 main-menu-width-3 main-menu-bar-color-1 dt-header-da logo-only-when-stuck main-menu-l\">\n<div class=\"bg-area\">\n<div class=\"logo-main-wrap header-padding tipi-vertical-c logo-main-wrap-l side-spacing wrap\">\n<div class=\"logo logo-main\"><a href=\"https:\/\/techstory.in\" data-pin-nopin=\"true\"><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/peymantaeidi.net\/stem-cell\/wp-content\/uploads\/2023\/02\/TechstoryLogo-84-e1471213798345.jpg\" width=\"220\" height=\"126\" alt=\"image\" \/><\/a><\/div>\n<\/p><\/div>\n<\/p><\/div>\n<\/header>\n<nav id=\"cb-nav-bar\" class=\"main-navigation cb-nav-bar-wrap nav-bar tipi-m-0-down clearfix site-skin-1 mm-ani-1 mm-skin-2 main-menu-bar-color-1 wrap side-spacing sticky-top sticky-menu sticky-menu-1 logo-only-when-stuck main-menu-l\"><\/nav>\n<div id=\"cb-content\" class=\"content-area clearfix\">\n<div class=\"post-wrap clearfix title-beneath hero-s sidebar-on sidebar-right hero-core-1 post-446023 post type-post status-publish format-standard has-post-thumbnail hentry category-news category-technology tag-charges tag-nanoco tag-technology tag-lawsuit tag-leds tag-nanotech tag-samsung\">\n<div class=\"single-content contents-wrap wrap side-spacing content-bg clearfix article-layout-1\">\n<div class=\"tipi-cols clearfix\">\n<div id=\"main\" class=\"cb-main main tipi-col tipi-xs-12 clearfix site-main main-block-wrap block-wrap tipi-m-8\">\n<article>\n<div class=\"hero-wrap cb-fis clearfix hero-1 no-par\">\n<div class=\"hero\"><img loading=\"lazy\" decoding=\"async\" width=\"768\" height=\"432\" src=\"https:\/\/peymantaeidi.net\/stem-cell\/wp-content\/uploads\/2023\/02\/samsung-bitcoin-futures-etf-768x432-1.jpeg\" class=\"flipboard-image wp-post-image\" alt=\"\" \/><\/div>\n<\/div>\n<div class=\"entry-content-wrap clearfix\">\n<div class=\"entry-content body-color clearfix link-color-wrap\">\n<p>&lt;?xml encoding=&#8221;utf-8&#8243; ??????&gt;<\/p>\n<p>According to Nanoco and a shareholder in its cases, Samsung Electronics Co. has decided to give $150 million to British nanotechnology startup Nanoco Technologies to resolve patent issues regarding the tech used in Samsung\u2019s LED TVs.<\/p>\n<p>As stated in a press statement from Nanoco and Chicago-based litigation funding company GLS Capital, the deal, which involves a license agreement as well as the \u201ctransfer of certain patents,\u201d ends legal disputes in China, Germany, and the United States.<\/p>\n<figure id=\"attachment_446024\" aria-describedby=\"caption-attachment-446024\" class=\"wp-caption aligncenter\"><a href=\"https:\/\/peymantaeidi.net\/stem-cell\/wp-content\/uploads\/2023\/02\/IMG-20230205-WA0008.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"size-medium wp-image-446024\" src=\"https:\/\/peymantaeidi.net\/stem-cell\/wp-content\/uploads\/2023\/02\/IMG-20230205-WA0008-300x194-1.jpg\" alt=\"\" width=\"300\" height=\"194\" \/><\/a><figcaption id=\"caption-attachment-446024\" class=\"wp-caption-text\">An employee of Samsung Electronics walks past LED lighting drums displayed for visitors at a showroom at the company\u2019s headquarters in Seoul October 28, 2011. REUTERS\/Jo Yong-Hak<\/figcaption><\/figure>\n<p>On the eve of a hearing last month, Samsung and Nanoco informed a Texas federal court that they had reached an agreement however no specifics were provided.<\/p>\n<p>An inquiry for feedback was not immediately responded to by Samsung personnel.<\/p>\n<p>Quantum dots from Nanoco boost LED display backlighting without the need for harmful toxic metals like cadmium. After obtaining specimens during discussions about a joint partnership, it filed a complaint against Samsung in 2020, claiming that the Korean technology giant plagiarised its innovation.<\/p>\n<p>According to the Texas complaint, Samsung started implementing Nano co\u2019s tech in its premium QLED TVs that arrived in 2017.<\/p>\n<p>In recent times, third parties have progressively funded cases, while information regarding specific investments is rarely made publicly available. Critics, like the U.S. Chamber of Commerce, have advised that the practice encourages pointless lawsuits and obscures who is responsible for cases. Supporters believe that it can improve justice and equalize the playing field.<\/p>\n<p>In a release, Nanoco CEO Brian Tenner stated that GLS Capital\u2019s investment \u201callowed us to pursue our claims against a much larger adversary on equal footing.\u201d<\/p>\n<p>Adam Gill, a co-founder of GLS, claimed that Nanoco would get more than a 60 percent of the settlement\u2019s revenues but he did not provide further specifics regarding their funding arrangement. He declared that the corporation was \u201cproud\u201d to have helped Nanoco in the lawsuit.<\/p>\n<p>According to Gill, Asustek Computer Inc. of Taiwan is independently handling its attempts to enforce its catalog of 3G, 4G, and 5G wireless patents through GLS affiliate Celerity IP.<\/p>\n<p>Samsung Electronics Co. v. Nanoco Technologies Ltd., U.S. District Court for the Eastern District of Texas, No. 2:20-cv-00038, is the name of the case.<\/p>\n<\/p><\/div>\n<\/p><\/div>\n<footer class=\"cb-article-footer entry-footer tipi-xs-12\"><\/footer>\n<\/article>\n<\/div><\/div>\n<\/p><\/div>\n<\/p><\/div>\n<\/div>\n<\/div>\n<\/div>\n<div id=\"modal\" class=\"modal-wrap inactive dark-overlay\">\n\t<span class=\"tipi-overlay tipi-overlay-modal\"><\/span><\/p>\n<div class=\"content tipi-vertical-c wrap\">\n<div class=\"content-search search-form-wrap content-block tipi-xs-12 tipi-m-8\">\n<p>\n\t\t\t\t<span class=\"search-hint\"><br \/>\n\t\t\t\t\tType to search or hit ESC to close\t\t\t\t<\/span>\n\t\t\t<\/p>\n<\/p><\/div>\n<\/p><\/div>\n<p>\t<a href=\"https:\/\/techstory.in\/samsung-led-settles-with-150-m-says-nanotech-firm\/#\" class=\"close tipi-x-wrap tipi-x-outer\"><i class=\"codetipi-15zine-i-x\"><\/i><\/a><\/p>\n<\/div>\n<p><span id=\"tipi-overlay\" class=\"tipi-overlay tipi-overlay-base tipi-overlay-dark\"><a href=\"https:\/\/techstory.in\/samsung-led-settles-with-150-m-says-nanotech-firm\/#\" class=\"close tipi-x-wrap\"><i class=\"codetipi-15zine-i-x\"><\/i><\/a><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Samsung LED settles with $150m, says nanotech firm &#8211; TechStory &lt;?xml encoding=&#8221;utf-8&#8243; ??????&gt; According to<\/p>\n","protected":false},"author":1,"featured_media":38944,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"_links":{"self":[{"href":"https:\/\/peymantaeidi.net\/stem-cell\/wp-json\/wp\/v2\/posts\/38942"}],"collection":[{"href":"https:\/\/peymantaeidi.net\/stem-cell\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/peymantaeidi.net\/stem-cell\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/peymantaeidi.net\/stem-cell\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/peymantaeidi.net\/stem-cell\/wp-json\/wp\/v2\/comments?post=38942"}],"version-history":[{"count":3,"href":"https:\/\/peymantaeidi.net\/stem-cell\/wp-json\/wp\/v2\/posts\/38942\/revisions"}],"predecessor-version":[{"id":38955,"href":"https:\/\/peymantaeidi.net\/stem-cell\/wp-json\/wp\/v2\/posts\/38942\/revisions\/38955"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/peymantaeidi.net\/stem-cell\/wp-json\/wp\/v2\/media\/38944"}],"wp:attachment":[{"href":"https:\/\/peymantaeidi.net\/stem-cell\/wp-json\/wp\/v2\/media?parent=38942"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/peymantaeidi.net\/stem-cell\/wp-json\/wp\/v2\/categories?post=38942"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/peymantaeidi.net\/stem-cell\/wp-json\/wp\/v2\/tags?post=38942"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}