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Fractus, LG Settle Cellphone Antenna Patent Dispute


Thursday, June 2, 2011

Fractus SA agreed Wednesday to drop an infringement suit against LG Electronics Inc. over cellphone antenna technology in Texas federal court, about a week after winning a $23 million jury verdict against Samsung Electronics Co. Ltd. Barcelona, Spain-based Fractus and Seoul, South Korea-based LG moved to dismiss the claims and counterclaims pending in the suit in light of a confidential settlement the parties reached in mid-May.

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