Ericsson and Samsung have signed a multi-year agreement on global patent licenses that includes patents relating to all cellular technologies. The cross-licence agreement covers sales of network infrastructure and handsets from January 1, 2021.
Furthermore, Ericsson and Samsung have agreed on technology cooperation projects to advance the mobile industry in open standardisation and create valuable solutions for consumers and enterprises.
This settlement ends complaints filed by both companies before the United States International Trade Commission (USITC) as well as the ongoing lawsuits in several countries and confirms the value of the strong patent portfolios of both companies.
However, the details of the agreement have been kept confidential and have not been disclosed.
Commenting on the development, Christina Petersson, chief intellectual property officer, Ericsson, said, “We are delighted to sign a mutually beneficial agreement with Samsung. This important deal confirms the value of our patent portfolio and further illustrates Ericsson’s commitment to fair, reasonable and non-discriminatory (FRAND) principles.”
