{"id":380602,"date":"2020-11-13T03:03:22","date_gmt":"2020-11-13T08:03:22","guid":{"rendered":"http:\/\/www.marketnewsdesk.com\/?p=380602"},"modified":"2020-11-13T03:03:22","modified_gmt":"2020-11-13T08:03:22","slug":"arcelik-a-s-and-lg-electronics-inc-settle-patent-disputes","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/arcelik-a-s-and-lg-electronics-inc-settle-patent-disputes\/","title":{"rendered":"Ar\u00e7elik A.\u015e. and LG Electronics Inc settle patent disputes"},"content":{"rendered":"<div class=\"xn-newslines\">\n<p class=\"xn-distributor\">PR Newswire<\/p>\n<\/p><\/div>\n<div class=\"xn-content\">\n<p>\n        <span class=\"xn-location\">ISTANBUL<\/span>, <span class=\"xn-chron\">Nov. 13, 2020<\/span> \/PRNewswire\/ &#8212; Ar\u00e7elik A.\u015e. and LG Electronics Inc, recently settled all patent disputes related to refrigerator ice making technology and washing machine technology.\u00a0Accordingly, lawsuits in <span class=\"xn-location\">Germany<\/span>, <span class=\"xn-location\">France<\/span>, and <span class=\"xn-location\">Spain<\/span> have been terminated. Both parties are pleased the settlement brings the lawsuits to a conclusion and will allow both parties to focus on their business. Detailed terms and conditions of the settlement remain confidential.<\/p>\n<div id=\"prni_dvprnejpg02b2left\" dir=\"ltr\">\n        <img decoding=\"async\" id=\"prnejpg02b2left\" title=\"Arcelik_Logo\" border=\"0\" alt=\"Arcelik_Logo\" align=\"middle\" src=\"https:\/\/mma.prnewswire.com\/media\/839270\/Arcelik_Logo.jpg\" \/>\n      <\/div>\n<p>\n        <b><br \/>\n          <i>About Ar\u00e7elik<\/i><br \/>\n        <\/b>\n      <\/p>\n<p>\n        <i>With over 30,000 employees throughout the world, 12 brands (Ar\u00e7elik, Beko, Grundig, Blomberg, ElektraBregenz, Arctic, Leisure, Flavel, Defy, Altus, Dawlance, Voltas Beko), sales and marketing offices in 34 countries, and 22 production facilities in 8 countries, Ar\u00e7elik offers products and services in nearly 150 countries. As <span class=\"xn-location\">Europe&#8217;s<\/span> second largest white goods company according to market share ranking based on quantity, Ar\u00e7elik reached a consolidated turnover of <span class=\"xn-money\">5 billion Euros<\/span> in 2019. With almost 70% of its profits coming from the international markets, Ar\u00e7elik is the R&amp;D leader in <span class=\"xn-location\">Turkey<\/span> \u2013 holding more than 3,000 international patent applications to date with the efforts of 1,600 researchers in 15 R&amp;D and Design Centers in <span class=\"xn-location\">Turkey<\/span> and R&amp;D Offices across five countries.<\/i>\n      <\/p>\n<p>\u00a0<\/p>\n<p id=\"PURL\">\n        <img loading=\"lazy\" decoding=\"async\" title=\"Cision\" width=\"12\" height=\"12\" alt=\"Cision\" src=\"https:\/\/c212.net\/c\/img\/favicon.png?sn=IO91049&amp;sd=2020-11-13\" \/> View original content:<a id=\"PRNURL\" rel=\"nofollow\" href=\"http:\/\/www.prnewswire.com\/news-releases\/arcelik-a-and-lg-electronics-inc-settle-patent-disputes-301172594.html\">http:\/\/www.prnewswire.com\/news-releases\/arcelik-a-and-lg-electronics-inc-settle-patent-disputes-301172594.html<\/a><\/p>\n<p>SOURCE  Ar\u00e7elik<\/p>\n<\/p><\/div>\n<p>    <img decoding=\"async\" alt=\"\" src=\"https:\/\/rt.prnewswire.com\/rt.gif?NewsItemId=IO91049&amp;Transmission_Id=202011130300PR_NEWS_USPR_____IO91049&amp;DateId=20201113\" style=\"border:0px;width:1px;height:1px\" \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>PR Newswire ISTANBUL, Nov. 13, 2020 \/PRNewswire\/ &#8212; Ar\u00e7elik A.\u015e. and LG Electronics Inc, recently settled all patent disputes related to refrigerator ice making technology and washing machine technology.\u00a0Accordingly, lawsuits in Germany, France, and Spain have been terminated. Both parties are pleased the settlement brings the lawsuits to a conclusion and will allow both parties to focus on their business. Detailed terms and conditions of the settlement remain confidential. About Ar\u00e7elik With over 30,000 employees throughout the world, 12 brands (Ar\u00e7elik, Beko, Grundig, Blomberg, ElektraBregenz, Arctic, Leisure, Flavel, Defy, Altus, Dawlance, Voltas Beko), sales and marketing offices in 34 countries, and 22 production facilities in 8 countries, Ar\u00e7elik offers products and services in nearly 150 countries. As Europe&#8217;s second largest &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/arcelik-a-s-and-lg-electronics-inc-settle-patent-disputes\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Ar\u00e7elik A.\u015e. and LG Electronics Inc settle patent disputes&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-380602","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.3 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Ar\u00e7elik A.\u015e. and LG Electronics Inc settle patent disputes - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/arcelik-a-s-and-lg-electronics-inc-settle-patent-disputes\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Ar\u00e7elik A.\u015e. and LG Electronics Inc settle patent disputes - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"PR Newswire ISTANBUL, Nov. 13, 2020 \/PRNewswire\/ &#8212; Ar\u00e7elik A.\u015e. and LG Electronics Inc, recently settled all patent disputes related to refrigerator ice making technology and washing machine technology.\u00a0Accordingly, lawsuits in Germany, France, and Spain have been terminated. Both parties are pleased the settlement brings the lawsuits to a conclusion and will allow both parties to focus on their business. Detailed terms and conditions of the settlement remain confidential. About Ar\u00e7elik With over 30,000 employees throughout the world, 12 brands (Ar\u00e7elik, Beko, Grundig, Blomberg, ElektraBregenz, Arctic, Leisure, Flavel, Defy, Altus, Dawlance, Voltas Beko), sales and marketing offices in 34 countries, and 22 production facilities in 8 countries, Ar\u00e7elik offers products and services in nearly 150 countries. 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Both parties are pleased the settlement brings the lawsuits to a conclusion and will allow both parties to focus on their business. Detailed terms and conditions of the settlement remain confidential. About Ar\u00e7elik With over 30,000 employees throughout the world, 12 brands (Ar\u00e7elik, Beko, Grundig, Blomberg, ElektraBregenz, Arctic, Leisure, Flavel, Defy, Altus, Dawlance, Voltas Beko), sales and marketing offices in 34 countries, and 22 production facilities in 8 countries, Ar\u00e7elik offers products and services in nearly 150 countries. 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