China court orders Samsung to pay $11.6 million to Huawei over patent case
China court orders Samsung to pay $11.6 million to Huawei over patent case:- A Chinese court has ordered Samsung Electronics's (005930.KS) Chinese subsidiaries to pay 80 million yuan ($11.60 million) to Huawei Technologies [HWT.UL] over patent infringement, said a local government-run media outlet.
Three units of Samsung Electronics, including Samsung China Investment Limited, have been ordered by the Quanzhou Intermediary Court to pay the sum for infringing a patent held by Huawei Device Co. Limited, the handset unit of China's Huawei, the Quanzhou Evening News, a government-run newspaper, said on its website on Thursday.
When contacted, Samsung said it will respond after reviewing the court's ruling. Huawei could not immediately be reached for comment.
Source:- http://www.reuters.com/article/us-samsung-elec-huawei-tech-china-idUSKBN1780BP?il=0
