MobileNews

Huawei and Ericsson sign a cross-licensing agreement on 5G patents

Huawei announced a long-term global patent cross-licensing agreement with Swedish company Ericsson. The partnership covers standards such as 3GPP, ITU, IEEE, and IETF for 3G, 4G, and 5G cellular technologies.

The agreement covers sales of both network infrastructure and consumer devices, and the companies will be able to use each other’s patented standardized technologies.

Huawei and Ericsson sign a cross-licensing agreement on essential telecommunication standards

Alan Fan, Head of the Intellectual Property Department at Huawei, commented both companies value each other’s IP and such an agreement creates a “stronger patent environment”. The partnership is also a testament that intellectual property should be respected and protected, he added.

Huawei adds that the it topped the European Patent Office’s applicant ranking with over 4,500 filed patents.

Huawei and Ericsson sign a cross-licensing agreement on essential telecommunication standards

Christina Petersson, CIPO at Ericsson, stated this “balanced approach” is in the interest of both parties and for the benefit of consumers and enterprises everywhere. The Swedish company expects the revenue from licensing deals in 2023 to reach SEK 11 billion (almost $1 billion). Its press release stated Ericsson holds over 60,000 patents and is in a leading position as a 5G vendor.


Author: Yordan
Source: GSMArena

Related posts
AI & RoboticsNews

OpenAI hits 3M business users and launches workplace tools to take on Microsoft

AI & RoboticsNews

Securing AI at scale: Databricks and Noma close the inference vulnerability gap

AI & RoboticsNews

Solidroad just raised $6.5M to reinvent customer service with AI that coaches, not replaces

CryptoNews

SEC Commissioner Pushes to Streamline Crypto Regulations

Sign up for our Newsletter and
stay informed!