14 DAY TRIAL // Ericsson and Samsung seem to have decided to come to an agreement and leave behind all matters which have been worthy of lawsuits until now. Their arguments go back a long time, which makes it even more surprising to see that a common point has been met.
The two companies have decided to sign a telecom cross license deal which leaves aside all arguments which have been disputed until now. Ericsson has filed throughout times a large number of lawsuits over patent claims, but has now decided to leave it all behind and come to an agreement.
With this deal, Samsung will receive a non-exclusive license over Ericsson's patent portfolio for the 2G and 3G mobile telephony standards. With this deal, the lawsuits looked like they had no more use, as Samsung will now be under the terms of a worldwide royalty bearing agreement.
As a result of the terms that the two companies have come to agree on, Samsung will manufacture and sell 2G and 3G subscriber and infrastructure equipment. For this opportunity, Ericsson will receive a royalty payment and a reciprocal license under Samsung's patent portfolio.
The agreement seems to have settled all matters which have been up to this point enough for sustaining a large number of arguments. For this reason, the two telecom companies have come to a decision which suits them both and has high chances of proving to be more profitable. Both parties will dismiss all pending patent infringement lawsuits, as they look for a collaboration relationship from now on.
Ericsson currently provides evolved mobile communication solutions to more than 140 countries, which includes some of the most powerful and well ranked countries in the world. It has reached the number of 1,000 networks and is capable of offering to its subscribers end-to-end solutions for all major telecom standards.