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Samsung Electronics Co Ltd (WBO:SSUN) reports unprecedented growth driven by AI innovations, despite geopolitical and market challenges.
LONDON, May 1 () - Samsung Electronics must pay a $392 million lump sum for a licence to use ZTE's patents for mobile phones, London's High Court ruled on Friday in the English leg of the companies' global licensing dispute. ZTE has brought parallel lawsuits against Samsung in China, Germany and Brazil as the two companies battle over the terms on which Samsung can use ZTE's patents, and most importantly the cost.
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