Canon, the Japanese consumer electronics group, is clear to launch a new type of television after winning a patent lawsuit that has delayed its progress for more than three years.
Nasdaq-listed Applied Nanotech, which had sued the Japanese company for illegally sublicensing its patents, announced that it had decided not to appeal to the US Supreme Court. “It would probably be a futile effort,” said Douglas Baker, Applied Nanotech’s chief financial officer.
Canon can now press ahead with televisions based on surface-conduction electron-emitter displays, or SED. Such TVs can produce the wide viewing angle and deep colours of a traditional cathode-ray television, but are as thin as a liquid-crystal or plasma display.
Tsuneji Uchida, Canon’s president, told the FT: “In regards to SED, we have a new production process we’re working on which is cost competitive with liquid crystal displays.” Canon sees displays as a natural complement to its existing business of cameras, printers and copiers.