Ericsson, Samsung sign deal settling patent dispute

January 27, 2014

Swedish telecom equipment maker Ericsson said on Monday it had signed a deal with South Korean electronics giant Samsung settling a global patent dispute.

Ericsson said in a statement that the agreement included an initial payment which would boost the company's fourth-quarter profit and revenue by 3.3 billion kronor (375 million euros, $511 million) and 4.2 billion kronor respectively.

"Ericsson and Samsung have reached an agreement on global patent licenses between the two companies," the Swedish company said.

"The cross license agreement covers patents relating to GSM, UMTS, and LTE standards for both networks and handsets."

The multi-year licence deal also guarantees royalty payments from Samsung to Ericsson, according to the Swedish company.

In November 2012, Ericsson filed two patent infringement lawsuits that came to an end with the deal: one at a US court in Texas and one at the US International Trade Commission.

"We are pleased that we could reach a mutually fair and reasonable agreement with Samsung. We always viewed litigation as a last resort," chief Intellectual Property officer Kasim Alfalahi said.

Samsung also announced on Monday it had signed another long-term cross-licence deal with Google in order to prevent potential patent disputes in the future.

According to the South Korean group, the would cover the firms' existing patents and those filed over the next 10 years.

Explore further: China's ZTE sues Swedish rival Ericsson

Related Stories

China's ZTE sues Swedish rival Ericsson

April 12, 2011

Chinese telecom equipment supplier ZTE said Tuesday it was suing a unit of Swedish mobile network giant Ericsson for patent infringement, escalating a legal dispute between the two rivals.

Ericsson and ZTE bury patent hatchets

January 20, 2012

Swedish mobile network giant Ericsson and Chinese rival ZTE have settled their patent infringement disputes, Ericsson said in a statement on Friday.

Samsung: No European patent suits for five years (Update)

October 17, 2013

(AP)—Samsung Electronics Co. has offered not to launch any patent lawsuits over key mobile telephone technology in Europe for the coming five years, in hopes of avoiding a fine from the European Commission.

Samsung, Google sign patent-sharing deal

January 27, 2014

Samsung said Monday it had signed a long-term cross-licence deal with Google in a move to help the South Korean technology firm stave off potential patent disputes in the future.

Recommended for you

On soft ground? Tread lightly to stay fast

October 8, 2015

These findings, reported today, Friday 9th October, in the journal Bioinspiration & Biomechanics, offer a new insight into how animals respond to different terrain, and how robots can learn from them.

AI machine achieves IQ test score of young child

October 6, 2015

Some people might find it enough reason to worry; others, enough reason to be upbeat about what we can achieve in computer science; all await the next chapters in artificial intelligence to see what more a machine can do ...


Please sign in to add a comment. Registration is free, and takes less than a minute. Read more

Click here to reset your password.
Sign in to get notified via email when new comments are made.