Nanoco reaches settlement in long-running Samsung legal battle

Manchester-based Nanoco has announced that it has reached a “no fault” settlement in a long-running patent dispute with Samsung.

It was announced just hours before the 2 companies were due to meet in a US courthouse.

Nanoco Group plc is a world-leading developer of nano materials for the technology used in electronics, such as OLED screens.

In 2020, it filed an IP infringement lawsuit against Samsung and raised several million pounds through third party funding and a share offer to pursue it.

Nanoco Group PLC (LON:NANO) leads the world in the research, development and large-scale manufacture of heavy metal-free nanomaterials for use in displays, lighting, vertical farming, solar energy and bio-imaging.

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