May 24, 2002 in Social Responsibility News

Lawsuits related to Matters other than the Listed Securities




1. litigants

plaintiff
Matsushita Electric Industrial Co., Ltd.


defendant
Samsung Electronics Co., Ltd. (its overseas
corporations (SSI, SEA, SAS) included)


2. date on the lawsuit filed

  (or receipt date of the duplicate)
2002.05.22


3. title of lawsuit
Infringement of Patent


4. competent court
The US District Court of the District of
New

Jersey


5. value of damage sought by
lawsuit

  (KRW)
373,400,000,000


  - paid-in capital
at the end of the

    previous fiscal year(KRW)
882,117,170,000


  - ration to paid-in
capital(%)
44.2


6. purpose of and reasons for
the lawsuit
Matsushita claims that Samsung Electronics

has infringed its three patented technologies relating to DRAM.


7. proposed action plan
-Samsung will present evidence to the Court
that it has long employed the technologies Matsushita alleges belong to
itself even

before it patented such technologies,

making a case that the patents granted to

Matsushita should be null and void.

-Samsung Electronics also will try to settle

this case out of court through negotiations

with Matsushita.


8. total assets at the end of
the previous

  fiscal year(KRW)
27,191,406,342,000


9. others
-Under the US Laws and Regulations, date
 of lawsuit filed (item No.2) is the date when Samsung Electronics
presented its Waiver of Service of Summons to the US District

Court of the District of New Jersey.

-Under the US Laws and Regulations, even

though Matsushita claims $300 million (KRW390 billion) in damages, the
Court will set

damages, if any, when it enters a judgement on this case.

-Announcement will be made immediately

after the Court enters a judgement or

settlement is made between Samsung and

Matsushita



Welcome to Samsung

Sign up & get 10% off

Sign up and get 10% off your first order of $100 or more! Shop Samsung.com to find the best tech at the best prices and recieve news on our latest technology and exclusive offers.*

*Exclusion apply. Order must be a minimumm of $100 or more. Offer valid only for new Samsung.com customers. Must sign up for emails by 11/12/16. Promo code must be used by 11/19.

Fast, easy checkout with Shop Samsung App
Easy sign-in, Samsung Pay, notifications, and more!
Or continue shopping on Samsung.com
×
The Shop Samsung app
Free standard shipping, exclusive offers and financing options.
GET
×
The Shop Samsung app
Free standard shipping, exclusive offers and financing options.
GET
×

You Are About To Be Redirected To Investor Relations Information for U.S.

Thank you for visiting Samsung U.S. Investor Relations. You will be redirected via a new browser window to the Samsung Global website for U.S. investor relations information.
CANCEL
CONTINUE
×

Redirect Notification

As of Nov. 1, 2017, the Samsung Electronics Co., Ltd. printer business and its related affiliates were transferred to HP Inc.

For more information, please visit HP's website: http://www.hp.com/go/samsung


Select CONTINUE to visit HP's website.

CANCEL
CONTINUE