Microsoft Says Samsung Paid $1 Billion in Royalties Deal
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Microsoft Corp. said in a patent lawsuit against Samsung Electronics Co. that the South Korean smartphone maker paid it as much as $1 billion in royalties last year under a now-disputed 2011 licensing agreement.
The payment was disclosed for the first time in a court filing in Microsoft’s complaint alleging Samsung breached an agreement to share patents. The seven-year accord requires Samsung to pay Microsoft royalties for phones and tablets that use the software maker’s patented technology, according to the filing yesterday in Manhattan federal court.