Samsung settles wireless patent case after $279 million US trial loss

Share via:



Samsung has agreed to settle a patent lawsuit over wireless communications technology that led to a $279 million jury verdict against the Korean tech giant earlier this year, according to a filing in Texas federal court.

Samsung and Headwater Research told the court on Thursday that they had resolved the dispute and asked to dismiss Headwater’s claims with prejudice, which means they cannot be refiled. Spokespeople and attorneys for the companies did not immediately respond to requests for comment and more information about the settlement on…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

Popular

More Like this

Samsung settles wireless patent case after $279 million US trial loss



Samsung has agreed to settle a patent lawsuit over wireless communications technology that led to a $279 million jury verdict against the Korean tech giant earlier this year, according to a filing in Texas federal court.

Samsung and Headwater Research told the court on Thursday that they had resolved the dispute and asked to dismiss Headwater’s claims with prejudice, which means they cannot be refiled. Spokespeople and attorneys for the companies did not immediately respond to requests for comment and more information about the settlement on…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

Website Upgradation is going on for any glitch kindly connect at office@startupnews.fyi

More like this

HCLSoftware to acquire business intelligence platform Jaspersoft for $240...

HCLSoftware, the software business division of IT services...

Bitcoin set for worst Q4 since 2018

Bitcoin's Q4 performance is set to be its...

S Korea’s Shinhan Card confirms leak of data on...

The incident happened at a branch office and...

Popular