By Lee Gyung-jin, Maeil Business News Korea South Korea’s tech giant Samsung Electronics Co. is reportedly readying counter-suit after its Chinese counterpart Huawei Technologies Co. announced it was pursuing lawsuits against the Korean company for infringing on 11 of its patents on cellular networks and software. Photo collage courtesy of Pulse/Maeil Business News Korea Samsung Electronics, which ranks first in global smartphone sales and trails the Chinese company in network equipment category, is expected to take legal action in July, according to industry sources on Friday. “It usually takes about two months to submit a petition to a U.S. court after reviewing a petition submitted by the other party,” said an official of the industry. Samsung does not plan to challenge Huawei in a Chinese court as it would only help publicity of the company on its home turf. Taking it to a Korean court is also meaningless as Huawei [...]