Ericsson and Samsung Settle Patent Disputes

Ericsson has announced it has renewed its worldwide patent cross license agreement with Samsung. The parties have also agreed to dismiss all pending patent infringement lawsuits between the parties.

Under the terms of the worldwide royalty bearing agreement, Ericsson has granted Samsung a non-exclusive license under Ericsson's patent portfolio for the 2G and 3G mobile telephony standards, to develop, manufacture and sell 2G and 3G subscriber and infrastructure equipment.

In return, Samsung provides a royalty payment and a reciprocal license under Samsung's valuable patent portfolio to Ericsson."

Posted to the site on 9th July 2007