Ericsson settles patent dispute with Samsung

The cross-license agreement covers sales of network infrastructure and handsets from Jan. 1, 2021, it said in a statement.

Reuters
May 07, 2021 / 11:58 AM IST

Q12. The development of the "short-link" radio technology was initiated in 1989 by Nils Rydbeck, CTO at Ericsson Mobile in Lund, Sweden and Johan Ullman. What was it later called?

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.

Ericsson expects second-quarter patent licensing revenue to be between 2 billion Swedish crowns ($237.30 million) to 2.5 billion crowns.
Reuters
TAGS: #Ericsson #Samsung #World News
first published: May 7, 2021 11:52 am