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Ericsson and Samsung sign multi-year patent license agreement

By Cookie Monster - on 10 May 2021, 12:00am

Ericsson and Samsung sign multi-year patent license agreement

Image source: Ericsson

Ericsson and Samsung announced that they have signed a multi-year agreement on global patent licenses. 

In a press release, Ericsson stated that the cross-license agreement covers all cellular technologies, sales of network infrastructure and handsets from 1 January, 2021. Both companies also agreed to cooperate on projects to advance the mobile industry in open standardisation and create solutions for consumers and enterprises.

The cross-license agreement will end all ongoing patent related legal disputes between Ericsson and Samsung. Both companies had disputes over interpretations of Fair, Reasonable and Non-Discriminatory (FRAND) obligations for more than 10 years.

Samsung agreed in 2014 to make a one-time payment of $650 million to Ericsson to end the dispute. However, Ericsson filed a lawsuit in December 2020 as it claimed Samsung did not meet its FRAND obligations and it could lead to major revenue loss from delayed IP royalty fees. 

Source: Ericsson

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