News and opinion on public works procurement
Two incidents occurred during Ericsson‘s fourth quarter of 2022. First, it struck a global patent license deal with Apple, which resolved all of the parties’ outstanding patent-related legal problems. Because of the IPR agreement with Apple, retroactive revenue was recorded in the fourth quarter, bringing IPR revenue to $580 million (SEK 6 billion) in Q4. […]
Ericsson and Apple have agreed to a multi-year global patent licensing agreement, bringing an end to a bitter years-long struggle. The financial details were not provided. Their agreement puts a stop to any existing patent-related legal battles between the two corporations, which have been numerous. Both corporations had filed litigation in a number of countries, […]
In order to deliver emergency satellite texting via telephones, Apple today assigned a fee to its collaboration with satellite provider Globalstar. According to CNBC, it stated that it will spend $450 million with American businesses, the majority of which would go to its satellite partner Globalstar. The money will be used to purchase satellites, ground […]
Apple intends to spend almost $1 billion over the next seven years for a patent license from InterDigital. The move could suggest Apple’s continued readiness to work with companies like Ericsson and Nokia on similar patent-licensing deals. “InterDigital, Inc. (the “Company”) renewed a patent licence agreement with Apple, Inc on September 30, 2022,” InterDigital noted […]