Huawei, Verizon reach settlement in patent lawsuit

Huawei sued Verizon in February 2020, alleging it used a dozen Huawei patents without authorization in sectors such as computer networking, download security and video communications. The lawsuit was seeking unspecified compensation and royalty payments.

In a statement Verizon declared itself happy with the settlement reached with Huawei involving patent lawsuits. While terms of the settlement are not being disclosed.

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