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Apple and Samsung have always been at war with each other over the iPhone's design similarities with Samsungs smartphones. Today's settlement comes on the heels of another patent battle with Samsung, over the iPhone's slide-to-unlock functionality, in which Apple won $120 million in November of a year ago.

Samsung had appealed for a new trial, claiming it was more than the $399m it had managed to barter down to.

The case had been set to make yet another appearance in Koh's Northern California District Court to settle yet another pack of Apple infringement claims and Samsung counterclaims.

Neither Samsung nor Apple revealed what the terms of the settlement were.

In the most recent stage of the case, Samsung was ordered by a federal jury to pay Apple $539 million in damages. Apple declined to comment on the agreement, but an Apple rep referred CNN to a company statement released last month that said, "Apple ignited the smartphone revolution with iPhone and it is a fact that Samsung blatantly copied our design".

Back in 2011, Apple successfully alleged Samsung's Galaxy phones had stolen patented software features like bounce back, pinch to zoom, tap to zoom and had copied the iPhone's hardware design in a number of ways.

The retrial regarding damages was one element of a $548 million penalty - knocked down from an original $1 billion jury award - Samsung was ordered to pay for copying iPhone patents. "It is important that we continue to protect the hard work and innovation of so many people at Apple".

Samsung paid US$548m of the US$1.05b owed to Apple in 2015, but appealed all the way to the U.S. Supreme Court to reverse the US$399m decision.

In 2016, in a unanimous decision, the Supreme Court agreed, handing a victory to Samsung.

According to Bloomberg, the two smartphone giants have now reached an out-of-court settlement, putting an end to the seven-year patent fight.