Samsung Display and LG Display announced they dropped all OLED lawsuits against each other in a reconciliatory gesture. The companies agreed to "put aside their differences" and look for ways to cooperate.

Samsung and LG's OLED technology feud was a long time standing and it's great to hear the two Korean giants agreed to resolve it and perhaps even cooperate. Back in February, LG and Samsung agreed to resolve their OLED dispute outside of the court of law and SDC's CEO even said the two companies are considering cross-licensing patents. Later on it was reported that the South Korean police searched the offices of Samsung Display as part of the investigation into alleged large-sized OLED TV technology theft from LG Display, but hopefully now this truce will hold.

Back in February, DisplaySearch speculated that the two companies may indeed eventually collaborate on OLED technology, mostly due to fear from Japanese competition.

Samsung and LG aren't the only companies involved with alleged illegal OLED dealings. In June 2012 it was reported that the Korean police is investigating a case of OLED technology leakage by Israel-based Orbotech's local Korean branch, where six employees are suspected of leaking AMOLED (WRGB) technology from LG Display and Samsung to several Chinese and Taiwanese companies. Later in 2012 we heard that AUO is suing two former executives that allegedly stole technologies (including AMOLED related ones) from the company and supplied it China Star Optoelectronics Technology (CSOT, a subsidiary of TCL).