On November 22, the global OLED panel technology sector witnessed the end of a three - year “patent war”. Samsung Display and BOE have arrived at a sweeping settlement regarding multiple cases of patent and trade - secret infringement. As a result, Samsung has formally withdrawn the related complaints it had lodged with the U.S. International Trade Commission (ITC).

The conflict between the two giants flared up in December 2022. After a three - year tussle, it has now been resolved through this settlement. Post - settlement, both companies have mutually agreed to drop all ongoing legal battles not only in the United States and China but also in other regions.

While the precise details of the agreement remain under wraps, industry insiders猜测 (Here, it's better to use the English term "speculate" to keep the language consistent. So it should be "industry insiders speculate") that BOE might be on the hook for patent licensing fees. This settlement carries immense significance for the sound development of the global OLED industry.