Samsung Feuds With LG Display, FuelCell Partners with Microsoft: Tech Biz Update
Along with its near-institutional legal battles with Apple, Samsung (SSNLF.PK) also has recurrent ‘issues’ with LG Display Co. (NYSE:LPL). The former has brought a new suit against LG in which it will attempt to persuade an intellectual property tribunal in Korea that seven of the latter’s OLED displays “lack innovation,” says the Yonhap News agency. Back in September, LG Display sued Samsung, alleging violation of the seven patents in question.
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FuelCell Energy (NASDAQ:FCEL) reported that it is conducting a project that employs a stationary fuel cell power plant in support of support Microsoft Corporation’s (NASDAQ:MSFT) latest data center research project. The plant will put renewable biogas generated by a wastewater treatment facility to work as the fuel source to produce ultra-clean and carbon-neutral electricity through which to drive Microsoft’s Data Plant project in Cheyenne, Wyoming.
Intel Corporation (NASDAQ:INTC) reported Monday that its President and Chief Executive Paul Otellini will step down as an officer and director at his firm’s annual stockholders meeting in May, which will begin an orderly leadership transition during the next six months. Otellini’s retirement will end his career of almost 40 years of service to the company.
Don’t Miss: Intel CEO’s Exit is a Surprise to Everyone.