"They have agreed to drop [the lawsuits] and settle their remaining claims and counterclaims in this matter", District Court Judge Lucy Koh announced today.
The Court filing also states that the "remaining claims and counterclaims in this action are hereby dismissed with prejudice", and another case can not be filed on the same claim. Samsung would need to make an additional payment to Apple of almost $140 million if the verdict was upheld.
The terms of the settlement were not disclosed.
The ruling, of course, didn't spell the end for Apple and Samsung's legal squabbles.
Formula One: Hamilton wins in France to retake F1 lead
It did nothing to slow him and as soon as Bottas had gone fastest, Hamilton cut his time by half a second with a scorching lap. Sunday's victory was the 65th of Hamilton's F1 career but the Briton's first in France, which last hosted a race in 2008.
In 2012, a USA jury awarded California-based Apple $1.05bn in damages for the copied features, which included design elements like the screen that displays icons in a grid.
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.
Apple delivered the following statement last May when the case was first ruled on, and it referred The Verge to that statement once more. "It is important that we continue to protect the hard work and innovation of so many people at Apple", Apple had said in a statement at the time.
The three design patents in the case apply to the shape of the iPhone's black screen with rounded edges and a bezel, and the rows of colorful icons displayed. It was ordered to pay the United States tech giant more than $1 billion for infringing on three of Apple's design patents related to mobile devices - the quick links to phone numbers, the slide-to-unlock feature and the auto-correct function.
The case had been sent back to the district court following a Supreme Court decision to revisit an earlier $400 million damage award.