Overview
- The U.S. International Trade Commission confirmed the companies filed a joint motion to terminate its investigation after reaching a settlement.
- The ITC suspended the case that had been scheduled for a final ruling this week.
- In July, a preliminary ITC decision called for a 14-year-8-month limited exclusion order blocking BOE’s OLED panel imports to the United States.
- Neither company disclosed terms, but industry officials report BOE will withdraw pending lawsuits and pay Samsung Display patent royalties.
- Industry watchers say the resolution could stabilize OLED supply chains and bolster Samsung Display’s market position as competition intensifies.