Apple, Ericsson sign deal to jointly develop 5G phones

HELSINKI -- Swedish telecoms firm Ericsson AB has inked a 7-year deal with Apple Inc. that brings an end to outstanding mutual patent litigations between the two and paves the way for their joint-development of the next generation of super-fast phones.

See Full Article

Ericsson, the world's largest wireless equipment maker, did not reveal terms of the deal Monday but said it includes a cross-license that covers patents owned by both companies, including the GSM, UMTS and LTE standards used in mobile technology. It made a similar agreement with the world's largest smartphone maker, South Korea's Samsung, last year.

Apple, the No. 2 smartphone maker with a 13 per cent global market share according to research firm Gartner, will make an initial payment to Ericsson, followed by royalties.

Though the monetary sums involved were not disclosed, investors liked what they were hearing and Ericsson's share price ended 3 per cent higher at 80.95 kronor in Stockholm.

The deal is somewhat of a turnaround. In February, Ericsson filed complaints on 41 patents for technology used in iPhones and iPads after Apple declined to renew a licensing agreement for Ericsson's mobile technology, saying the Swedish provider was asking for too much money.

Monday's agreement comes in an industry riddled with litigation over patents -- companies sue each other for alleged copying appearances of products, with one study finding more than 250,000 patents in a smartphone.

In the latest round of a long-running fight between Samsung and Apple, the South Korean company has appealed a $399 million judgment for illegally copying patented aspects of the look of Apple's iPhone to the U.S. Supreme Court. The court could decide early next year whether to hear the case, but arguments would not take place before the fall of 2016.

Ericsson said its deal with Apple means co-operating on the development of fifth generation, or 5G, as well as on video and wireless networks.

Although it gave no precise amounts, Ericsson said it expects revenues this year of some $1.4 billion this year, which includes "the positive effects" of the settlement and income from other licensees.

No one at California-based Apple was immediately available for comment.



Advertisements

Latest Tech & Science News

  • Agreement reached to end strike by video-game voice actors

    Tech & Science CTV News
    LOS ANGELES -- Video-game voice actors have agreed to end a nearly yearlong strike against several major gaming publishers. The actors union SAG-AFTRA and a representative for the publishers said Monday they reached a tentative agreement on Saturday to end the strike. Source
  • Personality study finds fish have hidden depths

    Tech & Science CTV News
    Fish have complex individual personalities, a British university study found in research published Monday. Scientists from Exeter University in southwest England studied how individual Trinidadian guppy fish behaved in various stressful situations and discovered wide differences in how they responded. Source
  • Global accounting firm Deloitte hacked

    Tech & Science CBC News
    Global accounting firm Deloitte said on Monday it was the victim of a cyberattack that affected the data of a small number of clients, providing few details on the breach. Deloitte said in a statement that attackers accessed data from the company's email platform, confirming some details in a report by the Guardian newspaper, which broke news of the hack on Monday. Source
  • London studying ways to reduce new fatberg under Chinatown

    Tech & Science CTV News
    LONDON -- British engineers are studying ways to dispose of yet another oversize "fatberg" threatening London's aged sewers. Stuart White of Thames Water says the latest fat blob is located in a busy area beneath Chinatown near London's famed Leicester Square. Source
  • Invasive grass carp threatening Lake Erie

    Tech & Science CTV News
    TOLEDO, Ohio -- Researchers have fresh evidence that invasive grass carp are swimming and spawning near the mouth of a river that flows into Lake Erie. Their next step is figuring out how to stop it from gaining a foothold and devouring wetland plants along the shoreline and underwater vegetation in the lake that shelters native fish. Source
  • Australia to create its own space agency

    Tech & Science CTV News
    CANBERRA, Australia -- Australia announced on Monday it would create its own space agency to increase its share of the $330 billion space economy. Prime Minister Malcolm Turnbull said the agency would be part of Australia's development of an innovation and science economy. Source
  • 7 right whales entangled this summer, new data shows

    Tech & Science CBC News
    New figures show at least seven North Atlantic right whales got entangled in fishing gear in the Gulf of St. Lawrence this summer, and two died as a result. Two of the whales were freed by rescuers, including Joe Howlett, who was killed during one of the missions. Source
  • Astronomers discover an asteroid is actually two — and that it's also a comet

    Tech & Science CBC News
    When is an asteroid not just an asteroid? When it's a comet. Astronomers using the Hubble Space Telescope have found that an asteroid discovered in 2006 is actually two — and that it sprouts a tail just like a comet. Source
  • The Long Dark is a fiercely Canadian video game. Why aren't there more like it?

    Tech & Science CBC News
    You've crashed your plane into the side of a mountain on a remote island in the Canadian north. Your partner is nowhere to be found. A geomagnetic disaster has rendered phones, radios and all other electronic equipment inoperable. Source
  • Something new under the sun: A binary asteroid that's also a comet

    Tech & Science CBC News
    When is an asteroid not just an asteroid? When it's a comet. Astronomers using the Hubble Space Telescope have found that an asteroid discovered in 2006 is actually two — and that it sprouts a tail just like a comet. Source