Ericsson and Apple sign patent license agreement, settle litigation

  • 8 years ago
Telecommunications infrastructure company Ericsson just announced that it has reached an agreement with Apple over an ongoing patent dispute.
For the next seven years, Apple will pay a fraction of its iPhone and iPad profit to Ericsson in royalties.
Back in February, Ericsson filed suits in many different jurisdictions for patent infringement.
According to the Swedish company, Apple has been violating 41 patents over the past few years with its iPhone and iPad, in particular patents related to GSM, UMTS and LTE technologies.
It’s unclear how much money Ericsson is going to make with this new deal.
But given Apple’s dominant position in the mobile industry, it could be a significant sum.
The two companies are staying in good terms as they are going to collaborate on 5G technologies, video networks traffic management and network optimization.