LG Display shares rise 9.87% intraday after filing patent lawsuit against Tianma Microelectronics.

Lg Display Co., Ltd. rose 9.87% in intraday trading, with the company filing a patent infringement lawsuit against Tianma Microelectronics at the U.S. District Court for the Eastern District of Texas. This legal action demonstrates LG Display's strategic use of intellectual property to gain leverage in the high-end display market, which could potentially boost investor confidence in the company's technological leadership and competitive position.