25 August 2023PatentsSarah Speight

Ericsson predicts $1bn from licensing, renews Huawei deal

Telecom pair announce a renewed ‘multi-year’ patent licensing agreement, covering 3G, 4G and 5G wireless technologies | Both firms said they are “committed” to sharing technological innovations | Ericsson invests more than $4 billion per year in R&D.

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14 July 2023 The Chinese tech firm said it is willing to share its patents to ‘support the common, sustainable development of industries’ | Huawei pledged its commitment to fair licensing principles in order to ‘incentivise the creation and adoption of innovations’.

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Ericsson predicts $1bn from licensing, renews Huawei deal

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