The number one and two smartphone vendors in the World have reportedly settled their ongoing legal battle, as per Nikkei.
Samsung and Huawei had been entangled in more than 40 different disputes concerning 4G and other patents spanning China, the US and the World.
No specifics of the settlement have been made public knowledge, meaning that we don't know if any money changed hands and in what direction. Huawei and Samsung are now said to begin focusing on an agreement for a patent cross-licencing deal for basic technologies.
Just last summer Samsung settled its ongoing legal battle with Apple too.
The global market has been in a slight decline since 2018 and Samsung is being majorly affected by the slump. Huawei on the other hand has been on the up, selling more phones quarter after quarter and overtaking Apple in the process.
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