South Korea's Samsung Electronics Co Ltd said on Friday it had signed an agreement with rival Motorola Inc to share mobile technology. The cross-licence agreement is the latest move by global tech firms to try and avoid costly legal disputes over intellectual property.
Samsung, which made the announcement in a filing to the Korea Exchange, said it was not allowed to release details or terms of the agreement.
The firm also signed a cross-licence agreement with Japan's Sony Corp late last year to share patents on basic technologies such as those associated with chips and industry standard technologies.
South Korea's LG Electronics Inc and Japan's Matsushita Electric Industrial Co agreed early this year to settle a dispute over plasma display technologies and to cross-licence patents on plasma, personal computers and DVDs.
Shares in Samsung, the most valuable technology company outside the United States, closed up 1.42 percent to 501,000 won, its highest close in over two months and versus a 0.98 percent rise in the broader market.
Motorola and Samsung are the second- and third-largest mobile global phone makers respectively.
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