Huawei, Verizon Settle Suits on Patent Royalties Mid-Trial [telecom]

By Christopher Yasiejko and Todd Shields

  • Two cases involved patents over networking technologies

  • Chinese, U.S. tech giants settled battle over patent royalties

Huawei Technologies Co. and Verizon Communications Inc. agreed in the midst of a federal jury trial in Texas to end two patent-infringement lawsuits over royalties on telecommunications technology.

Representatives of both companies said they were pleased with the settlement, the details of which they said were confidential.

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