Ericsson ends a patent dispute with Samsung Electronics
2021-05-07 15:45:00

Ericsson has reached a multi-year agreement with Samsung Electronics on a global patent license, ending a dispute that affected Ericsson's first-quarter revenue, the company said.

The cross-licensing agreement covers network infrastructure and handset sales from Jan. 1, 2021.

Ericsson expects second-quarter patent licensing revenue to range between SEK 2 billion ($237.3 million) and SEK 2.5 billion.

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