Huawei, InterDigital enter licensing pact, end patent litigation; InterDigital surges

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Huawei, InterDigital enter licensing pact, end patent litigation; InterDigital surges
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InterDigital Inc, a developer of digital mobile and video technology, said on Tuesday it has entered a worldwide patent licensing agreement with China's Huawei Technologies Ltd, and that the companies have settled all litigation against each other.

- InterDigital Inc, a developer of digital mobile and video technology, said on Tuesday it has entered a worldwide patent licensing agreement with China’s Huawei Technologies Ltd, and that the companies have settled all litigation against each other.

InterDigital said the companies have also ended more than 15 months of litigation in China and the United Kingdom. InterDigital countered in December 2019 with its own action before the High Court of Justice of England and Wales, accusing Huawei of infringing five patents related to industry standards for 3G, 4G and 5G telecommunications.

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