BENTON HARBOR, Mich.
SEOUL, South Korea
Sept. 28, 2012
/PRNewswire/ -- LG Electronics, Inc. and Whirlpool Corporation (NYSE: WHR) have agreed to settle their respective patent infringement disputes related to refrigerators. This agreement, which concludes years of patent litigation between LG and Whirlpool, will result in the dismissal of three pending patent infringement lawsuits involving several LG and Whirlpool patents in the U.S. District Courts in
. All other terms of the settlement are confidential.
bout LG Electronics, Inc.
LG Electronics, Inc. (KSE: 066570.KS) is a global leader and technology innovator in consumer electronics, mobile communications and home appliances. With 117 operations around the world, LG achieved global sales of
USD 49 billion
KRW 54.26 trillion
) in 2011. LG comprises four business units – Home Entertainment, Mobile Communications, Home Appliance, and Air Conditioning & Energy Solution – and is one of the world's leading producers of flat panel TVs, mobile devices, air conditioners, washing machines and refrigerators. LG Electronics is a 2012 ENERGY STAR
Partner of the Year. Please visit
About Whirlpool Corporation
Whirlpool Corporation is the world's leading manufacturer and marketer of major home appliances, with annual sales of approximately
in 2011, 68,000 employees, and 65 manufacturing and technology research centers around the world. The company markets
Whirlpool, Maytag, KitchenAid, Jenn-Air, Amana, Brastemp, Consul, Bauknecht
and other major brand names to consumers in nearly every country around the world. Additional information about the company can be found at
SOURCE Whirlpool Corporation; LG Electronics, Inc.