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On May 1 (local time), the High Court of Justice in England issued its initial verdict in the patent litigation case pitting Samsung Electronics against ZTE Corporation. The court ruled that Samsung is obligated to pay ZTE a sum of $392 million in royalties for mobile communication patents. It's important to note that this judgment is not yet final, and both parties retain the right to appeal. The awarded amount falls short of the $731 million sought by ZTE, yet it exceeds the $200 million limit proposed by Samsung. The root of this dispute lies in the failure to renew the cross-licensing agreement between the two tech giants after its expiration in 2021, a disagreement that has since escalated to legal battles in multiple jurisdictions worldwide.
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