Ericsson and Huawei Technologies sign patent license agreement on mobile technology



The execution of yet another WCDMA patent license agreement confirms Ericsson's leadership with respect to its WCDMA patent portfolio in standards essential and implementation patents. Ericsson's intellectual property rights portfolio is exceptionally strong and is required by any company developing 3G products. Ericsson has the industry's strongest R&D commitment with well over 10,000 granted patents worldwide in the telecom field.

"This agreement further demonstrates Ericsson's commitment to fully support, and co-operate with local Chinese vendors in order to accelerate the development of 3G Mobile telephony and facilitate the market growth in China. This will create new opportunities for both the local Chinese industry and Ericsson, and further leverages on Ericsson's technology leadership and patent portfolio. Ericsson is promoting 3G in China and is showing the way to the rest of the industry by granting a license under terms to encourage competitive accumulated royalty rate for WCDMA," says Torbjörn Nilsson, Senior Vice President, Marketing and Strategic Business Development.

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Ericsson is a world leader in communications technology and services with headquarters in Stockholm, Sweden. Our organization consists of more than 100,000 experts who provide customers in 180 countries with innovative Solutions and services. Together we are building a more connected future where anyone and any industry is empowered to reach their full potential. Net sales in 2017 were SEK 201.3 billion (USD 23.5 billion). The Ericsson stock is listed on Nasdaq Stockholm and on NASDAQ in New York. Read more on www.ericsson.com.

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