Innovation Asset Blog

Largan Precision Co. suing Samsung Electronics Co. for patent infringement

On Nov. 14, Largan Precision Co. filed a complaint in U.S. federal court in San Diego seeking damages for alleged patent infringement by Samsung Electronics Co. Largan is alleging Samsung infringed six of its imaging lens patents in the Galaxy Note and S series smartphones. Largan is additionally claiming the infringement was intentional, and is asking the court to triple any damages rewarded as a result. Largan seeks an order barring use of its technology, as well as a halt to U.S. imports of Samsung products that infringe its patents, according to Bloomberg.

Largan has also sued other competitors, including Genius Electronic Optical Co. and Ability Opto-Electronics Technology Co., for patent infringement this year, investor relations employee Amanda Chiu told Bloomberg. SinoPac Securities Corp. wrote Largan's lawsuit means it is confident in its patents, and Jih Sun Securities Investment Consulting Co. says the company is consolidating its market-leader position through these lawsuits.

Samsung, based in Suwon, South Korea, said, "We are carefully reviewing this matter and not able to provide any details at this moment," according to Bloomberg.

Peter Ackerman

Peter Ackerman

Founder & CEO, Innovation Asset Group, Inc.