Sony & LG Settle Patent Battle
The two companies reached a cross-licensing deal, putting an end to the back and forth patent lawsuits filed against each company, according to Reuters.
LG looked to block PlayStation 3 sales in Europe and the U.S. in a patent battle over Blu-ray playback technology, while Sony says LG's mobile phones infringed on several of its patents as well. In February 2011, LG won a preliminary injunction against Sony which temporarily blocked PlayStation 3 units imported to the UK and the rest of Europe.
Sony and LG started this patent war after both companies failed to renew a technology sharing agreement that expired three years ago.
Source: http://uk.ps3.ign.com/articles/118/1187391p1.html
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