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`Technology | Tue Mar 31, 2015 2:23am EDT
`
`Related: TECH, SOUTH KOREA, REGULATORY NEWS, BREAKINGVIEWS
`
`Samsung Electronics, LG Electronics call off washer spat
`
`SEOUL | BY SE YOUNG LEE AND SOHEE KIM
`
`PHOTOS OF THE DAY
`
`Our top photos from the last 24 hours. Slideshow »
`
`A man walks at the Samsung Electronics' headquarters in Seoul January 7, 2015.
`REUTERS/KIM HONG-JI
`
`South Korean rivals Samsung Electronics Co Ltd and LG Electronics Inc said on Tuesday
`they have agreed to call off all their legal disputes including a bitter months-long conflict
`over a set of damaged washing machines.
`
`The two companies said in a joint statement they would withdraw all complaints against
`each other and ask legal authorities to refrain from meting out harsh punishments in
`ongoing cases.
`
`The announcement comes more than a month after LG appliances chief Jo Seong-jin was
`indicted by Seoul prosecutors on a charge of deliberately damaging Samsung washing
`machines at a retail store in Germany last September, following a formal complaint filed
`by Samsung seeking criminal punishment. Prosecutors have not declared what penalty
`they would seek against Jo.
`
`The two companies have attracted public mockery as they bickered over issues such as
`how many washers were damaged by Jo and other employees. When LG published
`surveillance video footage to YouTube in an attempt to prove Jo's innocence, Samsung
`said the video was heavily edited in the executive's favor.
`
`TRENDING ON REUTERS
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`The case adds to a history of clashes between the firms, including an argument over
`refrigerator capacity and which of the two has the bigger air-conditioning market share.
`
`Volkswagen boss quits over diesel
`emissions scandal |
`
`"Both sides have agreed to avoid legal action and resolve any future conflicts or disputes
`through dialogue and mutual agreement," the companies said.
`
`West Virginia engineer proves to be a
`David to VW's Goliath
`
`The agreement extends to Samsung Electronics subsidiary Samsung Display and to LG
`Display Co Ltd. Samsung Display employees were indicted in February on charges of
`stealing organic light-emitting diode (OLED) display panel technology from LG Display.
`Samsung Display has said the technology was widely known in the industry and that the
`indictment was excessive.
`
`The Seoul Central District Prosecutors' office declined to comment on the case against
`the LG Electronics appliances chief, and the Suwon District Prosecutors' Office declined
`to comment regarding its case against the Samsung Display employees.
`
`(Editing by Tony Munroe and Stephen Coates)
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