Market Overview

Ericsson and ZTE Resolve Patent License Issues

In April 2011 Ericsson (NASDAQ: ERIC) filed lawsuits in Germany, UK and Italy against ZTE for infringing on several Ericsson patents related to GSM and 3G/UMTS cellular technology

The parties have now signed a global cross-licensing agreement and both parties have also agreed to drop all litigation.

Posted-In: News Legal

 

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