Ericsson and Huawei renew global patent license agreement
Ericsson (NASDAQ:ERIC) and Huawei have renewed a multi-year global patent cross-licensing agreement that covers patents essential to standards relevant to the products of the parties, including 3G, 4G, and 5G cellular technologies. The agreement covers the companies’ respective sales of network infrastructure and consumer devices, granting both parties global access to each other's patented, standardized technologies. "We are pleased to announce our renewal of our global cross-licensing agreement with Huawei," said Christina Petersson, Chief Intellectual Property Officer at Ericsson. "