Quanta will pay royalties to the Korean maker and the companies will drop two patent-related lawsuits, Seoul-based LG said in a statement today, without disclosing financial terms. The patented technology allows data transfers between computers and peripheral devices such as printers, LG said.

LG in 2000 accused Quanta, the world's largest maker of notebook computers, of infringing its patents through the use of microprocessors and chipsets of Intel Corp., which is paying licensing fees to the Korean company. Quanta said it shouldn't be forced to give royalties because Intel already pays.

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