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Samsung paying Ericsson to license mobile patents and end disputes

27
Jan
2014

Samsung and Ericsson have reached a deal to end their ongoing patent disputes. Under the agreement, Samsung will pay Ericsson ongoing royalty costs in addition to an initial payment to begin licensing its patents and end all of their current patent-related legal disputes. Though the exact payment was not disclosed, Ericsson says that its Q4 2013 sales will increase by SEK 4.2 billion (around $651 million) as a result of the transaction. In return, the agreement gives Samsung access to a number of Ericsson patents covering LTE, GSM, and UMTS standards related to both networking and devices.

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