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Ericsson Is Suing Samsung Over Patent Licensing

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Ericsson stated it had filed a lawsuit with the district courtroom for the Eastern District of Texas, accusing Samsung of “violating contractual commitments to negotiate in good faith and to license patents on Fair, Reasonable and Non-Discriminatory (FRAND) terms and conditions.”

Many widespread technological requirements, similar to Wi-Fi and Bluetooth, are protected by patents held by particular corporations. In order for different producers to make use of such important expertise the holders of such patents are obliged to grant licences on truthful, affordable and non-discriminatory phrases — so-called FRAND phrases.

In apply nonetheless negotiations over these licences generally results in conflicts between expertise corporations.

Shares in Swedish telecoms producer Ericsson tumbled on Friday after it introduced it was suing South Korea’s Samsung, warning the dispute might see gross sales take a success of over half a billion {dollars} in 2021.

In the primary hour of buying and selling on the Stockholm inventory trade, Ericsson’s share worth was down round seven p.c.

The monetary impression of the litigation, coupled with delays to renewals of license agreements and market circumstances, might negatively impression Ericsson’s working revenue by between one and SEK 1.5 billion (roughly Rs. 1,307 crores) each quarter beginning within the first quarter of 2021, the corporate stated.

Ericsson, which is among the main suppliers of cell community gear alongside Finland’s Nokia and China’s Huawei, booked internet gross sales of SEK 227.2 billion (roughly Rs. 1,98,027 crores) in 2019.


Is this the tip of the Samsung Galaxy Note collection as we all know it? We mentioned this on Orbital, our weekly expertise podcast, which you’ll be able to subscribe to through Apple Podcasts, Google Podcasts, or RSS, download the episode, or simply hit the play button under.

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