July 12 (Reuters) - Chinese telecommunications company
Huawei Technologies Co Ltd and U.S. group Verizon
Communications agreed to settle a pair of lawsuits
alleging patent infringement, the companies both said on Monday.
The confidential settlement came days into a trial that
opened in one of the two lawsuits last week. Huawei and Verizon
filed joint motions to dismiss both cases and Verizon's
counterclaims late on Sunday in two U.S. courts in Texas.
In February 2020, Huawei sued Verizon alleging the company
used a dozen Huawei patents without authorization in areas such
as computer networking, download security, and video
communications, seeking an unspecified amount of compensation
and royalty payments.
Verizon said it was "happy with the settlement reached with
Huawei involving patent lawsuits. While terms of the settlement
are not being disclosed, our team did an outstanding job
bringing this protracted matter to a close."
Huawei said in a statement it was "pleased that Verizon and
Huawei reached an agreement that ends the companies patent
litigation. The terms of the agreement are confidential."
The company noted it "holds more than 100,000 active patents
worldwide, including about 10,000 U.S. patents."
Verizon had last year had filed counterclaims against
Huawei, claiming the Chinese company violated Verizon patents.
Huawei said in 2020 it was "simply asking that Verizon
respect Huawei's investment in research and development by
either paying for the use of our patents, or refraining from
Huawei has been a flashpoint in the U.S.-China relationship
for several years. The United States placed the company on an
economic blacklist in 2019 over what it said were national
In June 2019, Reuters reported that Huawei told Verizon it
should pay licensing fees for use of more than 230 Huawei
patents and was seeking more than $1 billion.
(Reporting by David Shepardson, Blake Brittain and Karen
Editing by Mark Potter and Jane Merriman)