Ericsson settles patent dispute with Samsung


FILE PHOTO: Ericsson logo is seen at its headquarters in Stockholm, Sweden June 14, 2018. REUTERS/Olof Swahnberg

STOCKHOLM (Reuters) - Ericsson has reached a "multi-year" agreement on global patent licences with Samsung, the Swedish telecom equipment maker said on Friday, ending a dispute that hit its first-quarter revenue.

Ericsson said it had not disclosed how many years the deal, which includes patents for all cellular technologies, would last. It said it now expects second-quarter patent licensing revenue to be 2 billion crowns ($237 million) to 2.5 billion crowns.

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