Samsung and Ericsson Settle Patent Dispute... Cross-License Agreement Signed

[Image source=Yonhap News]

[Image source=Reuters Yonhap News]

[Asia Economy Reporter Jeong Hyunjin] Samsung Electronics and Swedish telecommunications equipment company Ericsson, which had been engaged in a patent dispute, have agreed to enter into a patent-sharing cross-license agreement.

On the 7th (local time), Ericsson announced on its website that it had signed a patent-sharing cross-license agreement with Samsung Electronics. The terms of the contract are "confidential" and were not disclosed, but network infrastructure and mobile phones sold after January 1 are included in the scope. With this agreement, the two companies also agreed to conclude global patent disputes filed with the U.S. International Trade Commission (ITC) and the Wuhan Court in China.

Samsung Electronics and Ericsson have been involved in disputes over mobile communication technology and wireless communication equipment patents since last year. After a dispute over the extension of a mutual patent usage contract signed in 2014, the negotiations failed last year, and Ericsson filed a complaint against Samsung Electronics alleging unauthorized use of technology patents, leading to conflict. In response, Samsung Electronics also filed a counter lawsuit against Ericsson for patent infringement.

Ericsson emphasized through this agreement that "Ericsson and Samsung have agreed to technological cooperation for the development of the mobile industry." Christina Peterson, Ericsson's Chief Intellectual Property Officer (CIPO), said in a press release, "We are pleased to sign a reciprocal agreement with Samsung," adding, "This important agreement confirms the value of our patent portfolio."

This content was produced with the assistance of AI translation services.