Arçelik A.S Files IP Lawsuit Against LG
ARCELIK A S UNSP/ADR (ACKAY)
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Source: Business Wire
ISTANBUL--(BUSINESS WIRE)--Today Arçelik A.S, owners of the Beko and Grundig brands, filed a lawsuit against LG Electronics and its subsidiaries in Germany and France for patent infringement in relation to the unlicensed implementation of the company’s direct drive technology in LG Electronics’ “6 Motion” washing machines.Arçelik, one of the World Intellectual Property Organization’s (WIPO) top 100 global patent applicants, was granted a patent relating to its ‘direct drive’ washing machine technology (originally developed by Arçelik), which crucially prevents damage to clothes by enabling the drum to perform a half-turn cradle movement, which was filed in 1997.After becoming aware of this infringement, Arçelik warned LG Electronics regarding the case and since then Arçelik has made every effort to resolve the dispute amicably with LG Electronics, considering the two companies’ ongoing collaborations in other fields. However, LG Electronics was determined to reject all of these ef
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