Samsung, Ericsson end patent lawsuits
Samsung Electronics Co., the world’s third-biggest maker of mobile phones, and smaller rival Ericsson AB agreed to share wireless communication technology and end all patent lawsuits against each other.Samsung and Ericsson, the world’s biggest maker of mobile phone networks, agreed yesterday to cross-license second- and third-generation wireless technology, Suwon-based Samsung said in a regulatory filing. Financial terms weren’t disclosed. Ericsson sued Samsung in July 2006, accusing it of violating 11 patents. Stockholm-based Ericsson also sued Samsung five months earlier in Marshall, Tex., seeking a ruling that Samsung infringed its patents and that phones made by its Sony Ericsson Mobile Communications Ltd. don’t infringe Samsung patents.
Bloomberg
with the Korea JoongAng Daily
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