Applied Nanotech announced today that they will not appeal the court decision that ruled against them and for Canon in July of this year. That decision (click here for pdf copy) cleared the way for Canon to use the Nano-Proprietary (Applied Nanotech) SED technology for Canon SED TVs.
“Nasdaq-listed Applied Nanotech, which had sued the Japanese company for illegally sublicensing its patents, told the Financial Times 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.”
However, Canon President Tsuneji Uchida told the Financial Times that due to the current economic situation “new display products are not introduced much because people would laugh at them.”
The promise of SED TV has so far been unfulfilled. Despite rave reviews from all who were able to view the SED TV at various trade shows, the legal difficulties with Nano kept the set from further development and ultimately, the consumer market.
