Samsung ordered to pay ZTE 392 million for patent license
London's High Court ruled Samsung must pay a lump sum for using ZTE patents. The 392 million dollar award follows a dispute over global licensing terms.
SAMSUNG ELECTRONICS CO LTD must pay a $392 million lump sum to ZTE CORP-H following a patent licensing ruling in the United Kingdom. The London High Court decision on Friday afternoon resolves the English portion of a global dispute over mobile network technology. The ruling establishes a middle ground in a high-stakes valuation battle that impacts how major hardware manufacturers price essential connectivity patents.
### Bridging the Valuation Gap Judge Richard Meade ordered the $392 million payment after the two companies failed to renew a 2021 licensing agreement. The figure sits between the $200 million maximum proposed by SAMSUNG ELECTRONICS CO LTD and the $731 million sought by ZTE CORP-H.
