Display ad
HomeTechnologyMobileNew license deal reached by Apple and Ericsson ends a patent feud...

New license deal reached by Apple and Ericsson ends a patent feud that started in 2015

Apple and Ericsson are ending a years-long patent feud starting with a brand new license deal between the 2 corporations. According to a brand new report from Reuters, Ericsson introduced it had reached a world patent license settlement with Apple which incorporates “global cross-licenses for patented cellular standard-essential technologies.”

The new licensing settlement comes after years of authorized patent disputes between Apple and Ericsson. Back in 2015, Apple sued Ericsson for allegedly demanding extreme royalties for LTE expertise. Later that yr, Ericsson and Apple settled that dispute. Fast-forward to this yr, Apple and Ericsson sued one another over 5G patents and gear.

The settlement ends all ongoing patent-related authorized disputes between the events.

With the brand new settlement, Ericsson’s This autumn forecast for income from mental property rights (together with Apple and others) is estimated to be between SEK 5.0 billion and 5.5 billion ($530.3 million – $578.5 million).

Source

RELATED ARTICLES

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Most Popular