LG And Samsung End Spin Cycle, Call Off Silly Spat Over Sabotaged Washing Machines
The signed agreement brings the lawsuits to a close, but may not end the prosecution of Samsung employees who have been accused of stealing LG’s Oled display technology. Meanwhile, an LG executive has been indicted for allegedly sabotaging a Samsung washing machine that was on display at an industry event in Germany.
The washing machines in question were Samsung Crystal Blue units, which sell for as much as $2,700, according to The Wall Street Journal. The fight revolves around surveillance video that either shows the LG executive sabotaging the door of a washer or not hurting the door – depending on which company you believe. Both LG and Samsung are asking for leniency in the remaining cases.
So, it looks like LG and Samsung will grudgingly get along for now. But old rivalries die hard – who knows when someone will start talking smack about refrigerator capacities and open some old wounds?