HiSense, a Chinese electronics company, was revealed to have struck a licensing deal with LG Electronics. The agreement comes after the former lost in the infringement lawsuit filed by the South Korean company.
The new deal between the rivals
As per Business Korea, on March 19, LG Electronics and HiSense submitted an agreement to the district court in California. It was not specified what kind of deal that the companies agreed on, but it is surely related to some technologies for manufacturing cutting-edge television sets.
The deal between China's HiSense and LG was quite unexpected since they have just engaged in court battles where the former was proven to have infringed some of LG’s patents. At least four patents were included in the dispute and all of these are related to making TV viewing more convenient and dynamic for customers. It was mentioned that the disputed technologies improve user interfaces and speed up data transmissions based on wireless local area network or LANs.
LG sued HiSense in the U.S. court
Prior to the deal, LG Electronics sued the Chinese electronics firm which is also said to be the world’s fourth-largest TV-maker. The suit comes after LG sent warning letters to HiSense many times and asked it to refrain from using its patents.
The Korean firm was also said to have suggested a negotiation to resolve the problem but HiSense seems to have ignored the request. Thus, LG was left with no choice but to sue. Initially, the company filed the case in 2019 at the court in the Central District of California.
In its filing, LG claimed that HiSense violated its patent by misusing its technology for smart TVs. LG listed four patents that were supposedly infringed and this includes the Wi-Fi technology and backlight of the said home appliance. It was added that HiSense rejected LG’s offer to resolve the matter by signing a patent license deal, The Korea Times reported.
For the case, LG is demanding compensation for the patent infringement since HiSense turned down its offer for fair terms license agreement. Now, after almost two years, it seems that the Chinese company finally gave in and struck a deal so it can now freely use the said technology patents.


Pop Mart Shares Surge in Hong Kong After First Buyback in Nearly Two Years
Lynas Rare Earths Shares Surge as Quarterly Revenue Jumps on Strong Prices
Elon Musk Seeks $134 Billion in Lawsuit Against OpenAI and Microsoft Over Alleged Wrongful Gains
Proposed Rio Tinto–Glencore Merger Faces China Regulatory Hurdles and Asset Sale Pressure
HKEX’s Permissive IPO Rules Could Open Opportunities for Korea to Strengthen Its Position in International Listings
China Halts Shipments of Nvidia H200 AI Chips, Forcing Suppliers to Pause Production
Nvidia CEO Jensen Huang Plans China Visit Amid AI Chip Market Uncertainty
OpenAI Launches Stargate Community Plan to Offset Energy Costs and Support Local Power Infrastructure
Global DRAM Chip Shortage Puts Automakers Under New Cost and Supply Pressure
BHP Posts Record Iron Ore Output as China Pricing Pressures Loom
Brazil Supreme Court Orders Asset Freeze of Nelson Tanure Amid Banco Master Investigation
Court Allows Expert Testimony Linking Johnson & Johnson Talc Products to Ovarian Cancer
Micron to Buy Powerchip Fab for $1.8 Billion, Shares Surge Nearly 10%
United Airlines Posts Record Q4 Revenue as Premium Demand Lifts Earnings 



