2023-08-25 08:06:37
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Huawei and Ericsson Reach Global Patent Licensing Agreement
Huawei, the Chinese vendor, has announced a significant global patent licensing agreement with Ericsson. This deal covers the sale of network infrastructure and consumer devices, as well as the sharing of each other's technologies.
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The agreement includes patents that are essential to a wide range of standards set by bodies like 3GPP, ITU, IEE, and IETF. These standards cover 3G, 4G, and 5G mobile technologies.
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While the length of the agreement remains undisclosed, Emil Zhang, head of the European IPR department at Huawei, confirmed it is the first long-term deal between the two companies. As for royalties, Zhang mentioned a reciprocal arrangement where both Huawei and Ericsson will utilize each other's patents.
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Addressing the concerns of Huawei leveraging the agreement for its benefit, Zhang stated that IP cross-licensing agreements are a common industry practice and will create value for both parties involved. It is not about Huawei using Ericsson as a vehicle into Europe, but rather a recognition of the industry's role in the IP field and the mutual recognition of each company's IP value.
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Huawei claims to have invested £125 billion ($167 billion) in research and development over the past decade, making it a top contributor in the field. The company also leads the rankings for submissions filed with the European Patent Office in 2022, with 4,505 applications.
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