Ericsson update: IPR license renewals and risk of financial impact
· Legal action filed against Samsung in the U.S. for non-compliance with FRAND commitments · Risk for temporary negative impact on operating income of SEK 1 – 1.5 b. per quarter, relating to several contract renewals and potential litigation expensesEricsson (NASDAQ: ERIC) today filed a lawsuit in the U.S District Court for the Eastern District of Texas, against Samsung, for violating contractual commitments to negotiate in good faith and to license patents on Fair, Reasonable and Non-Discriminatory (FRAND) terms and conditions. The case addresses breaches of FRAND obligations by