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

  • Rising right whale death toll could be "catastrophic": marine biologist

    Tech & Science CTV News
    MONCTON, N.B. - A marine mammal expert says the fate of critically endangered species could hang in the balance as the death toll of North Atlantic right whales found floating in the Gulf of St. Source
  • Giant sequoia move on schedule in Idaho, tree doing well

    Tech & Science CTV News
    BOISE, Idaho -- A massive Idaho tree that grew over more than a century from a seedling sent by a noted naturalist has been uprooted and is poised to travel about two blocks Sunday to a new location. Source
  • Medical marijuana woos four-legged fans

    Tech & Science CTV News
    It's early morning, just after breakfast, and six-year-old Cayley is wide awake, eagerly anticipating her daily dose of cannabis. The black labrador, tail wagging, laps up the liquid tincture owner Brett Hartmann squirts into her mouth, a remedy he uses morning and evening to help alleviate Cayley's anxiety. Source
  • Fisheries Dept. dispatches aircraft, boats to study right whale deaths

    Tech & Science CTV News
    MONCTON, N.B. - Fisheries officials are trying to figure out what caused the recent deaths of several endangered right whales in the waters off eastern Canada. The Fisheries Department is raising concern about the deaths of at least five North Atlantic right whales in the Gulf of St. Source
  • Surge in unexplained right whale deaths prompts government response

    Tech & Science CTV News
    MONCTON, N.B. -- The federal fisheries department is trying to figure out what caused the recent deaths of several endangered right whales in the waters off eastern Canada. A fisheries official says at least five North Atlantic right whales were found dead in the Gulf of St. Source
  • Panda mania hits Germany as Meng Meng, Jiao Qing arrive

    Tech & Science CTV News
    Germany was bracing for panda mania as furry ambassadors arrive from China on Saturday, destined for a new life as stars of Berlin's premier zoo. The pair, named Meng Meng and Jiao Qing, will be jetting in on a special Lufthansa cargo plane, accompanied by two Chinese panda specialists, the Berlin Zoo's chief vet and a tonne of bamboo. Source
  • Google to stop scanning Gmail for ad targeting

    Tech & Science CTV News
    Google said Friday it would stop scanning the contents of Gmail users' inboxes for ad targeting, moving to end a practice that has fueled privacy concerns since the free email service was launched. A Google statement said Gmail users would still see "personalized" ads and marketing messages but these would be based on other data, which may include search queries or browsing habits. Source
  • It's worth the drive to totality: perspectives from an eclipse chaser: Bob McDonald

    Tech & Science CBC News
    August 21st is going to be an insane day across the United States as millions of people gather along a thin line that stretches from coast to coast to watch the moon pass directly in front of the sun in a total solar eclipse. Source
  • Dutch invent phone app to stop kids texting on bikes

    Tech & Science CTV News
    In the bike-mad Netherlands, the national phone company is developing a smart way to stop kids texting while cycling -- a growing cause of teenage accidents. A new app from phone company KPN will block internet and phone signals to a cyclist's smartphone while they are in the saddle. Source
  • Facebook launches plan to combat online extremism

    Tech & Science CTV News
    U.S. social media giant Facebook launched a campaign in Britain on Friday to counter the spread of online extremism following warnings from Prime Minister Theresa May after four terror attacks in three months. Facebook said it would seek to educate charities and other organisations on how to fight hate speech, in the wake of recent terror attacks in Belgium, Britain and France. Source