Samsung and Proxense Settle Phone Fingerprint Patent Lawsuit (1)

Proxense and Samsung Electronics Co. settled a patent lawsuit over whether the Korean phone maker infringed Proxense’s patented technology for authenticating biometric data like fingerprints on phones and other devices.

The companies filed a joint stipulation Thursday to dismiss the case, just days ahead of a trial set for Monday in a federal courthouse in Waco, Texas.

Proxense’s CEO John Giobbi received three patents at issue in the case—US Patent Nos. 8,352,730, 9,298,905, and 10,698,989—between 2013 and 2020.

Although Proxense allegedly developed pioneering technology crucial to the success of products like Apple Pay and Samsung Pay, it ...