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.
© 2016 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.