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STOCKHOLM - Ericsson (NASDAQ: ERIC), the $25.4 billion telecommunications giant currently rated ’FAIR’ by InvestingPro, and Lenovo have resolved their patent licensing disagreements, leading to the dismissal of all related lawsuits and administrative proceedings worldwide. The settlement includes a multi-year, global patent cross-license agreement, and the financial impacts of this partial settlement are expected to be recognized starting Q2 2025. The companies have also agreed to arbitration to settle the remaining disputes.
The agreement concludes ongoing legal actions, including those pending before the United States International Trade Commission. Ericsson, a significant contributor to the 3GPP and the development of global mobile standards, holds a portfolio of over 60,000 granted patents. The company’s position as a leading 5G vendor and its annual investment of more than SEK 50 billion in R&D contribute to the strength of its patent portfolio.
Ericsson remains confident in the growth of its Intellectual Property Rights (IPR) revenues, anticipating new 5G agreements and expansion into other licensing areas in the long term. With a strong free cash flow yield and analysts expecting net income growth this year, the company appears well-positioned for future growth. Get deeper insights into Ericsson’s financial outlook and 8 additional exclusive ProTips with InvestingPro. This settlement is based on a press release statement and marks a step towards resolving the patent licensing issues between the two tech entities.
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