Sweden, Patent, Samsung

Sweden, Patent

Ericsson settles patent dispute with Samsung

Ericsson settles patent dispute with Samsung

7/5/2021 9:33:00 AM

Ericsson settles patent dispute with Samsung

Ericsson said on Friday it had reached a multi-year agreement on global patent licenses with Samsung , ending a dispute that hit the Swedish ...

BusinessEricsson said on Friday it had reached a multi-year agreement on global patent licenses with Samsung, ending a dispute that hit the Swedish telecom equipment maker's first-quarter revenue.FILE PHOTO: The logo of Samsung Electronics is seen at its headquarters in Seoul, South Korea, April 4, 2016. REUTERS/Kim Hong-Ji/File Photo

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2related media assets (image or videos) available. Click to see the gallery.07 May 2021 02:20PMShare this contentBookmarkSTOCKHOLM: Ericsson said on Friday it had reached a multi-year agreement on global patent licenses with Samsung, ending a dispute that hit the Swedish telecom equipment maker's first-quarter revenue.

The cross-license agreement covers sales of network infrastructure and handsets from Jan. 1, 2021, it said in a statement.AdvertisementAdvertisementEricsson expects second-quarter patent licensing revenue to be between 2 billion Swedish crowns (US$237.30 million) to 2.5 billion crowns. headtopics.com

(US$1=8.4280 Swedish crowns)(Reporting by Supantha Mukherjee, European Technology & Telecoms Correspondent, based in Stockholm; editing by Niklas Pollard) Read more: CNA »

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