Huawei and Ericsson have renewed their patent cross-licensing agreement which was last renewed in 2016..
It allows each company to access each other’s standard essential patents set by 3GPP, ITU, IEEE, and IETF, covering 3G, 4G, and 5G. It involves a payment of an undisclosed amount from Huawei to Ericsson.
“This agreement demonstrates the commitment of both parties that intellectual property should be respected and rewarded, and that leading technological innovations should be shared across the industry,” said Christina Petersson, Ericsson’s Chief Intellectual Property Officer.
