Samsung and Huawei settle their protracted (and costly) patent dispute beef

The companies have been locked in lawsuits in both China and the U.S. That prompted the smartphone market’s top player to … Given the country’s economic slowdown and Samsung’s less-than-stellar fourth-quarter in 2018, these smartphone titans will likely divert their attention to addressing the startling slowdown in worldwide. since May 2016, when Huawei sued Samsung for alleged patent infringement concerning its 4G wireless and other technology. Another one of the smartphone world’s biggest cases was settled today: the three-year patent battle between Samsung and Huawei. Companies likely will turn focus to global slowdown in smartphone demand. They’d reportedly lobbed more than 40 lawsuits back and forth since 2016. Media in reported Tuesday that the two companies reached the settlement after receiving reconciliation with the Guangdong High People’s Court in southern China, reports Nikkei Asian review. What you need to know

Smartphone venders Samsung and Huawei reached a settlement.