(MENAFN) Chinese tech giant Huawei and its rival Samsung have settled their long-standing patent violation disputes with a framework agreement, in South Korea.
Guangdong High People's Court said both firms have reached a patent permission agreement that will serve as a framework for both sides' cross-licensing globally.
This indicates that Huawei and Samsung's other lawsuits in the same arena will be resolved, and both companies have started working on withdrawing relevant charges.
Since 2011, Huawei and Samsung have held several cross-licensing negotiations, and filed over 40 lawsuits against one another globally.
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