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Birmingham Post

Technology

Jon Robinson

Shares in Nanoco surge after no fault settlement with Samsung agreed

Nanoco Samsung

A Manchester-based technology company has reached a settlement with electronics giant Samsung in a long-running legal battle.

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

A trial had been due to start on Friday, January 6, but the two parties have not reached a no fault settlement.

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