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Huawei Says It Has Settled Patent Lawsuits With Verizon in Texas

Jul 12 2021, 10:16 PM July 12 2021, 7:27 PM July 12 2021, 10:16 PM (Bloomberg) 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. (Bloomberg) 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. U.S. District Judge Rodney Gilstrap on Monday approved the joint motion to dismiss the cases, filed Sunday by the companies.

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