Ericsson and Huawei extends patent license agreement

The agreement 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. Further details of the agreement are confidential. Jianxin Ding, Head of Global Intellectual Property, Huawei Technologies Co., Ltd., says: "We are pleased to extend our global cross license agreement with Ericsson. This new agreement reflects the two leading companies' joint view that innovation and intellectual property rights shall be protected, and reasonable compensation for the implementation of intellectual property rights is vital to promoting technology innovation, sharing and standardizing technology, driving and accelerating industry evolution."