KODAK & SAMSUNG END FEUD WITH CROSS-LICENSING PACT

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KODAK & SAMSUNG END FEUD WITH CROSS-LICENSING PACT

 user 2010-01-18 at 10:45:45 am Views: 112
  • #23257

    KODAK & SAMSUNG END
    FEUD WITH CROSS-LICENSING PACT

    Kodak gets royalty
    payments from Samsung under digital-imaging licensing deal
    Eastman
    Kodak Co. said Monday it will draw royalties from South Korea’s Samsung
    Electronics Co. under a licensing pact that gives the companies access
    to each other’s digital-imaging patents.The agreement ends a
    14-month-old patent-infringement dispute that came before the U.S.
    International Trade Commission, a federal overseer that can ban imports
    of devices made with contested technology.Samsung had already agreed in
    December to pay the photography products maker an unspecified amount as
    the two sides worked to settle a dispute triggered by technology used in
    Samsung’s camera phones. That payment will be credited toward Samsung’s
    royalty obligation, the terms of which were not disclosed.

    The
    companies said they will terminate lawsuits against each other in
    federal court in Rochester as well as patent-infringement proceedings
    before the trade commission. The deal is subject to approval by the
    commission, which is expected to issue a decision before the end of
    January.

    Kodak has amassed more than 1,000 digital-imaging
    patents, and almost all of today’s digital cameras rely on that
    technology. The photography pioneer spent $3.4 billion from 2004 through
    2007 converting the bulk of its business from high-margin film to
    electronic imaging.”We are pleased to have reached a mutually beneficial
    arrangement that advances the interests of Kodak and Samsung and which
    validates the strength of Kodak’s intellectual property portfolio,” said
    Laura Quatela, Kodak’s chief intellectual property officer.

    Calls
    to Samsung were not immediately returned.
    Based in Seoul, Samsung is
    the world’s biggest manufacturer of memory chips, liquid crystal
    displays and flat screen televisions and ranks second behind Finland’s
    Nokia in mobile phones.Kodak alleged in a November 2008 lawsuit that
    camera phones imported by both Samsung and LG Electronics violated
    various patents that Kodak obtained from 1993 to 2001. Samsung filed its
    own complaint with the trade commission in February, saying some Kodak
    digital cameras infringed on its technology.

    After an
    administrative proceeding, a trade commission judge ruled Dec. 17 that
    Samsung had infringed two Kodak patents. Within a week, the companies
    announced they were negotiating an end to their dispute.Kodak and South
    Korea’s LG Electronics negotiated a cross-licensing agreement in
    December that will give both broad access to each other’s patents. Kodak
    also sold LG its technology for super-thin OLED screens for an
    undisclosed price. Organic light-emitting diodes generate light on the
    screen’s surface, don’t have to be illuminated from behind and consume
    less power than their non-organic LED counterparts.
    http://abcnews.go.com/Business/wireStory?id=9531916