Samsung and Microsoft bury the hatchet over Android royalty payments
Last year, Microsoft accused Samsung of being late with a royalty payment, and demanded interest on the late payment. Microsoft took Samsung to court, seeking payment of $6.9 million which it says was the interest Samsung owed it for being late with the royalty check. A court filing indicated that Samsung felt that Microsoft's purchase of Nokia Devices and Services somehow meant that it wouldn't have to continue with a contract that both signed in 2011 and which runs through 2019.
The terms of the agreement were not disclosed. Microsoft has reached royalty agreements with other Android smartphone producers like contract manufacturer Hon Hai, Dell and ZTE.
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