Ericsson and Huawei renew patent agreement

Author: EIS Release Date: Sep 5, 2023

Huawei and Ericsson have renewed their patent cross-licensing agreement which was last renewed in 2016..  

 

Huawei and Ericsson have renewed their patent cross-licensing agreement which was last renewed in 2016..  

 

It allows each company to access each other’s standard essential patents set by 3GPP, ITU, IEEE, and IETF, covering 3G, 4G, and 5G. It involves a payment of an undisclosed amount from Huawei to Ericsson.

 

 

“This agreement demonstrates the commitment of both parties that intellectual property should be respected and rewarded, and that leading technological innovations should be shared across the industry,” said Christina Petersson, Ericsson’s Chief Intellectual Property Officer.

 

 

“We are delighted to reach a long-term global cross-licensing agreement with Ericsson,” said Alan Fan, Head of Huawei’s Intellectual Property Department, “as major contributors of standard essential patents (SEPs) for mobile communication, the companies recognise the value of each other’s intellectual property, and this agreement creates a stronger patent environment. It demonstrates the commitment both parties have forged that intellectual property should be properly respected and protected.” 

 

Ericsson says its revenues from IP licensing will top $1 billion this year.