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Samsung and LG Display have reportedly called a truce in a patent dispute surrounding display technology. According to the Wall Street Journal, the two are exploring cooperation, and will commence discussions to drop lawsuits over LCD and next-gen organic LED display patents. Both companies released statements encouraging cooperation as the two look toward a more cordial future.

Displays, obviously, are becoming immensely important as more smartphones and tablets increase in resolution and size. Samsung and LG are currently South Korea's top two panel makers, and both have consistently traded lawsuits over the past several months. LG, incidentally, supplies displays for Apple's iPhones and iPads, while Samsung supplies for its own Galaxy lineup—there's obviously an associated dislike fermenting.

Back in February, both companies apparently agreed that their legal spats were more trouble than they were worth, and indicated they'd rather focus on pushing technology forward rather than holding it back. With most devices today going the Full HD route, LG and Samsung are eyeing ways to attack the mobile market with flexible OLED displays; smartwatches is a particular area of interest, while the potential for Note 3 spinoffs have been rumored.

With both companies now agreeing full cooperation, it'll just be a matter of the two keeping things genial going forward. In such an intense market, sometimes that is much easier said than done, especially when companies today are so very fond of going straight to the courtroom.