Motorola, Huawei settle tiff (Investor's Business Daily)

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Investor's Business Daily - The wireless gear maker will pay an unspecified sum to China's Huawei as part of the settlement, which clears the way for Motorola Solutions to sell its networks unit to a joint venture of Nokia and Siemens . But the price tag will be $975 mil vs. the original $1.2 bil deal. Huawei had said its longtime partner could disclose trade secrets by selling its networks unit. The U.S. gov't has blocked Huawei, which has some Chinese military ties, from some takeovers of U.S. firms. Motorola shares rose less than 1%.

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