have reportedly agreed to finally bury the hatchet and settle their
years-long dispute over smartphone
patents. The Guangdong High People’s Court in southern China mediated the settlement, according to
The terms of the alleged settlement have not been made public, but it’s believed that they include some sort of cross-licensing patent
deal. The patents that are part of the supposed deal include those for basic technologies, with no further specifics mentioned.
It’s suggested that Samsung
are only settling now due to them wanting to pour more resources into the
stagnant smartphone market
. Even though huawei
now owns a company-record 17 percent of the market, Q1 2019 marked the sixth straight quarter of declining overall smartphone shipments. Meanwhile, samsung
saw a 10 percent decrease in market share year-over-year.
Google Pixel and Pixel XL owners could get up to $500 with lawsuit settlement
If you purchased either the original Google Pixel or Pixel XL and it happened to be made before January 4, 2017, you may be getting some big money. A new report
from The Verge states …
Whatever the reason for a settlement, Samsung and Huawei are likely happy to be done with patent disputes. The two companies have been in embroiled in a legal war against each other since 2016, when Huawei filed
several patent infringement lawsuits
against Samsung in the U.S. and China.
In January 2018, a Chinese court
ruled in favor of Huawei
and ordered Samsung to halt sales of offending products. By then, Samsung
with a patent lawsuit of its own. Huawei responded to the counter-suit with
lawsuits in two cities
The tit-for-tat filings escalated very quickly in a matter of years, but at least it’s seemingly coming to an end.