- Settlement partially resolves patent licensing dispute between the parties, with financial impacts expected to be recognized from Q2 2025
- The parties further agree on arbitration to fully and finally resolve the remaining patent licensing dispute between the parties
- Settlement ends all ongoing patent-related legal proceedings between the parties
STOCKHOLM, April 3, 2025 /PRNewswire/ -- Ericsson (NASDAQ: ERIC) and Lenovo have reached a settlement to resolve their patent licensing dispute over a multi-year, global patent cross-license agreement between the two companies.
As part of the settlement, all ongoing lawsuits and administrative proceedings filed by both companies in several countries, including the actions pending before the United States International Trade Commission (USITC), will be withdrawn.
Financial impacts are expected to be recognized from Q2 2025, reflecting the partial settlement. The remaining patent licensing dispute will be fully resolved through an arbitration process between the parties.
Ericsson is a leading contributor to 3GPP and to the development of global mobile standards for the benefit of consumers and enterprises everywhere. The value of Ericsson's patent portfolio of more than 60,000 granted patents is strengthened by our leading position as a 5G vendor, and annual investments of more than SEK 50 b in R&D. The company is confident of growing its IPR revenues with new 5G agreements and by expanding into other licensing areas long term.
NOTES TO EDITORS:
FOLLOW US:
Subscribe to Ericsson press releases here
Subscribe to Ericsson blog posts here
https://twitter.com/ericsson
https://www.facebook.com/ericsson
https://www.linkedin.com/company/ericsson
MORE INFORMATION AT:
Ericsson Newsroom
media.relations@ericsson.com (+46 10 719 69 92)
investor.relations@ericsson.com (+46 10 719 00 00)
ABOUT ERICSSON:
Ericsson's high-performing networks provide connectivity for billions of people every day. For nearly 150 years, we've been pioneers in creating technology for communication. We offer mobile communication and connectivity solutions for service providers and enterprises. Together with our customers and partners, we make the digital world of tomorrow a reality. www.ericsson.com
This information was brought to you by Cision http://news.cision.com
https://news.cision.com/ericsson/r/ericsson-and-lenovo-settle-patent-litigation,c4130841
The following files are available for download:
https://mb.cision.com/Main/15448/4130841/3367512.pdf | Lenovo release |
View original content:https://www.prnewswire.co.uk/news-releases/ericsson-and-lenovo-settle-patent-litigation-302419999.html
