Maxell, ZTE Reach Settlement After $43M Patent Verdict
By Daniel Siegal (February 4, 2019, 10:26 PM EST) -- Japanese electronics manufacturer Maxell and Chinese smartphone maker ZTE have reached a confidential settlement ending an Eastern District of Texas dispute over seven Maxell patents that a jury found were infringed by ZTE, awarding $43.3 million in damages last year.
The settlement ends a pair of suits arising from a complaint Maxell initially filed against ZTE USA Inc. in November 2016. The patents-in-suit cover various technologies used in smartphones, including camera patents, a cellular data transmission patent, a power supply management patent, two audio decoding patents and a walking location patent.
In a joint motion to stay all deadlines and notice...
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