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STOCKHOLM: Samsung Electronics Co will pay Ericsson $650 million along with years of royalties to end a technology licence spat, the Swedish company said on Monday.
The world's No. 1 mobile network equipment maker sued Samsung in 2012 on the grounds that the Korean firm had infringed patents involving technology for clearer voice transmission, touchscreen functions and network efficiency.
The smartphone and tablet maker, which is increasingly active in network equipment, made a counter claim.
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