The longstanding patent infringement litigation over mobile phone broadband tech between Samsung Electronics and InterDigital is finally been settled.

Basically the outcome is InterDigital is to grant Samsung “a royalty-bearing license covering Samsung’s sale of all 3G products, including products built under both the WCDMA an cdma2000 standards and their related extensions, through 2012.” And the deal will also include certain payment disputes on Samsung 2G products.

Analyst Tom Carpenter of Hilliard Lyons estimates the value of the settlement for InterDigital is between $400 and $500 million, and the agreement calls for Samsung to select a payment option within 45 days.

Source – informationweek