InterDigital, Samsung Reach Deal In Patent Fight

Law360, New York (November 25, 2008, 12:00 AM EST) -- InterDigital Inc. has reached an agreement to settle all outstanding litigation and arbitration proceedings involving Samsung Electronics Co. Ltd.'s sale of second- and third-generation cell phone handsets.

Under the deal announced Tuesday, InterDigital will grant Korean technology giant Samsung a royalty-bearing license covering the sale of all third-generation, or 3G, products through 2012. The agreement also ends the dispute over Samsung's royalty obligations for the sale of 2G products.

Samsung now has about 45 days to choose between two defined payment options, the terms of which...
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