Samsung, Rival Ink Deal Over Contested Wireless Charging Tech

Samsung Electronics Co. and NuCurrent Inc. reached a licensing deal Friday to end a patent-infringement lawsuit, in which NuCurrent accused Samsung of ripping off designs for wireless charging technology.

NuCurrent CEO Jacob Babcock said Samsung agreed to purchase a license for two patent families covering technology meant to make wireless charging antennas more efficient—including reducing power loss, drained battery life, and high heat generated in the process.

The companies on Friday filed a stipulation to the US District Court for the Southern District of New York that “dismisses all claims in this action with prejudice.” The filing doesn’t disclose any ...