PS3 Ban Lifted in Europe

By Hubert Nguyen on 03/10/2011, filed in Home > Gaming

The European battle between LG and Sony over the PlayStation 3 has taken a new turn. Sony has reportedly won, and the earlier seizure of PS3s in Holland has been stopped. To give you some context: LG and Sony are in a dispute concerning Blu-Ray patents (and royalties, of course). LG claims that because the PS3 ships with a Blu-Ray player it infringes on some LG patents, and successfully asked a court to stop the sales in Europe. It worked for a while, until now.

The larger issue is still not over, but it looks like LG won’t be able to pressure Sony by stalling PS3 sales. Shipment and sales of PS3 in Europe should come back to normal with the next 12 hours. To be continued…

LG: LG Corporation is a South Korean conglomerate that is based in Seoul. LG operates a number of subsidiaries including LG Electronics, LG Display, LG Telecom, and LG Chem. The conglomerate specializes in developing electronics, telecom products, and chemicals. LG Corp. was founded in 1947 by Koo In-Hwoi. Koo first established Lak-Hui Chemical Industrial Corp. in 1947. Today, Lak-Hui (pronounced lucky) is known as LG Chem. The company then expanded its business and created Goldstar Co. Ltd, now known as LG Electronics Inc. Both companies merged and formed Lucky-Goldstar, which was eventually renamed “LG” in 1995.

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