Swedish telecommunications equipment manufacturer Ericsson has announced that it had reached an agreement for "several years" on global patent licenses with Samsung, ending a dispute that has been revenue in the first quarter, according to Reuters Agency.
Ericsson said it did not reveal the number of years in which the deal will continue, which includes patents for all cellular technologies, adding that it now expects that the patent licensing revenues in the second quarter of the year will reach two billion krns (237 million dollars) to 2.5 billion crowns.
The settlement - which will end the ongoing lawsuits in many countries - has been finished in record time as patent conflicts between technology companies may take years to settle them often..
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The current dispute began last December, while the last dispute between the two companies was in 2012 and it took two years to dissolve.
She said in a statement that the joint licensing agreement covers the network's infrastructure sales and phones as of January 1, 2021, and companies refrained from revealing the conditions on the pretext of confidentiality.
Ericsson invests about 40 billion crowns annually in research and has a portfolio of more than 57,000 patents.
On the other hand, its rival Nokia in the north, which also has a large group of patents, settled a patent case with Samsung earlier this year..
It is reported that in the first quarter, Ericsson patent licensing revenues decreased to 0.8 billion crowns from 2.5 billion crowns في العام السابق،و تمثل حقوق الملكية من محفظة براءات الاختراع الخاصة بها ما يقرب من ثلث الأرباح التشغيلية لشركة إريكسون.
Ericsson said that its patent revenues are still affected by factors such as expired licensing agreements awaiting renewal, geopolitical effects on the phone market, technological transformation from 4G to 5G, and future currency effects in the future.
There is still a continuous dispute with the Dutch telecommunications company KPN NV, which last month a complaint with patent violation against Ericsson in a local court in Texas.