Solas OLED Ltd., an Irish company that specializes in OLED technologies that it licenses to consumer electronics manufacturers, has announced that it has entered into a Settlement and License Agreement with LG Display Co. resolving a number of patent infringement actions brought by Solas against LG Display and a certain number of its customers, including Sony Corporation. While the terms of the agreement are confidential, it brings to an end the respective patent litigation between Solas and LG, including counter-actions, concerning Solas' OLED technology in Germany, China and the United States. Aoife Butler, General Counsel of Solas, commented: "We are very pleased that LG Display has taken a license to the Solas patent portfolio. The patent license not only frees up the OLED TV marketplace for LG Display, but also for the customers of its OLED panels, including Sony and Panasonic.