Ericsson and Huawei agreed on extending their global patent license agreement. The deal includes a cross license that covers patents relating to both companies’ wireless standard-essential patents (including the GSM, UMTS and LTE cellular standards). Under the agreement, both companies are able to access and implement the other company’s standard essential patents and technologies globally.
As part of the renewed agreement, Huawei will make on-going royalty payment based upon actual sales to Ericsson from 2016 and onwards. Financial terms were not disclosed.
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