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Birmingham Post
Birmingham Post
Business
Jon Robinson

Nanoco's shareholders set for pay out of up to £40m after Samsung settlement

Nanoco Samsung

Shareholders in technology company Nanoco are set to receive a pay out of up to £40m.

The Runcorn-headquartered business is making the move after Samsung agreed to pay $150m as part of a no fault settlement in February.

Nanoco had been suing the South Korean group in Texas after it alleged that its QLED televisions use the company’s technology without permission.

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