Samsung to pay $650 million plus royalties as part of settlement

Ericsson's ongoing patent dispute with Samsung has ended with an agreement on licensing terms as part of a multimillion dollar settlement, the former has announced. Ericsson says Samsung will pay around $650 million plus "ongoing royalty payments" to end the spat, ongoing since 2012, which relates to cellular networking and touchscreen technologies. Full details of the settlement are to remain confidential, but Ericsson says the agreement covers "a new multi-year license agreement" and "ends all ongoing patent related legal disputes" between the two.

The announcement comes just hours after Samsung reached a ten-year cross-licensing agreement with Google. Meanwhile Samsung remains locked in legal combat with bitter rival Apple, with the next trial set to begin in March.

Source: Ericsson; via: Reuters


Reader comments

Samsung/Ericsson patent dispute ends with $650 million deal


Hey HTC, this is how you prevent injunctions. Yes I know that Apple is really the thorn in their side, but still the point is be proactive instead of getting caught with your pants down.

So sad how these manufacters gotta be up on Sammy's grill. They so dum

posted with a galaxy note 3. h8ers gon' h8. live2win#swagface#switchedOn*_*

It's nice that these big companies are starting to work together. Maybe now that they don't have to worry so much about lawsuits for everything they do they can start rolling out with some new game-changing features & designs.

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I've noticed that Samsung has been guilty in a lot of these disputes. Seems as if they became number 1 by combining everything they infringed upon to make something that everyone likes. Make tons of money then settle with everyone for smaller amounts of money and keep the profits. Interesting to see how things finally end with Apple, if they ever end.

Posted via Android Central App

We hear about Samsung now because they are the biggest. These technologies are iterative, interconnected, and evolutionary so chances are that every manufacture infringes upon everybody else.

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It is an interesting business model. And as long as they remain profitable I guess it'll continue.

Posted via Android Central App using an LG G2.

This is one.

They essentially paid fees for past and future licensing of some tech.

this saves lawyer fees, bad press, possible injunctions, etc...