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July 2, 2009

Cut to Commercial

In years past, big-screen TV buyers gravitated to plasma displays, as LCDs were prohibitively expense for 50+ inch screens. But as LCD screen technology has advanced, plasma sales have receded. In 2008, four million plasma screens were sold in North America, while 30 million LCD TVs found homes. That gap is widening. And so the price of plasma displays is dropping. With market realities in mind, Japan's Hitachi and Korea's LG Electronics have settled their plasma patent dispute with a cross-license.

Posted by Patent Hawk at July 2, 2009 12:24 AM | Patents In Business

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