A new agreement break down 8 years of differences between the Samsung and Huawei

According to a new report from the TV in China’s official CCTV, the company Samsung Korean and China’s Huawei reached a settlement to end all existing differences between the two companies since 2011.

According to the source, the new agreement requires the termination of all cases handled in the courts which up to 40 lawsuit list in the courts between the two companies within China and abroad will be closed immediately.

Also requires agreement on a new mechanism to exchange patent licenses basic between the two companies where the patent is the root of all issues and complaints in the courts 8 years ago, but now over all this.

The report also said that Huawei is on its way to do the same step with Qualcomm where the reached agreement between the two companies to the final stages and will soon.

Source

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