Apple and Samsung agree to cease-fire overseas, continued litigation in U.S.

A sales assistant holding Samsung Electronics' Galaxy 5 smartphone (L) and Apple Inc's iPhone 5 smartphone (R) poses for photographs at a store in Seoul July 16, 2014.  REUTERS/KIM HONG-JI


A sales assistant holding Samsung Electronics' Galaxy 5 smartphone (L) and Apple Inc's iPhone 5 smartphone (R) poses for photographs at a store in Seoul July 16, 2014. REUTERS/KIM HONG-JI

Apple and Samsung today separately issued announcements that each "to drop all patent litigation outside the United States, scaling down a protracted legal battle between the smartphone rivals."

They can still duke it out inside the U.S., however, and that's where the real money in potential damages is to be made. [Reuters]

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