Japan Based Sharp News Today

Huawei concluded another global patent cross-licensing agreement, adding Japan-based Sharp to a growing list of long-terms deals the Chinese company said aids competition and reduces device costs.

Sharp Corp. agreed on Friday to settle its intellectual property fight with a Chinese mobile phone manufacturer in a deal that comes months after China's top court affirmed that courts in the country had jurisdiction to set global licensing rates for 3G and 4G standard essential patents in the case.