Ericsson and Huawei have renewed a multi-year global patent cross-licensing agreement that covers patents essential to standards relevant to the products of the parties, including 3G, 4G, and 5G cellular technologies. The agreement covers the companies’ respective sales of network infrastructure and consumer devices, granting both parties global access to each other’s patented, standardised technologies.
“We are pleased to announce our renewal of our global cross-licensing agreement with Huawei,” says Christina Petersson, chief intellectual property officer at Ericsson. “Both companies are major contributors to mobile communication standards and recognise the value of each other’s intellectual property. This agreement demonstrates the commitment of both parties that intellectual property should be respected and rewarded, and that leading technological innovations should be shared across the industry. A balanced approach to licensing ensures that the interests of both patent holders and implementers are served fairly, driving healthy, sustainable industry development for the benefit of consumers and enterprises everywhere.”
With the current portfolio of IPR (intellectual property rights) licensing contracts, Ericsson estimates the full-year 2023 IPR licensing revenues to be approximately [SEK 11 billion (EUR 0.92 billion)].
Over several decades, Ericsson has been a contributor to 3GPP and to the development of global mobile standards. Ericsson’s patent portfolio of over 60,000 granted patents gains value from its role as a 5G vendor and annual investments of over [$4 billion (€3.71 billion)] in R&D.
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