Swedish telecom equipment maker Ericsson has signed a patent license agreement with Apple.
Financial details have not been revealed.
Meanwhile, Ericsson has estimated that its overall revenues from intellectual property rights this year would hit about 1.5 to 1.6 billion U.S. dollars, including revenues generated through its deal with Apple.
Last January, Ericsson filed a complaint against Apple over mobile technology license payments in response to a lawsuit from Apple earlier that month.
Analysts have estimated that if the dispute with Apple went Ericsson's way, the U.S. firm would have to pay it between 230 million to 700 million U.S. dollars annually, based on estimates of levels of handset sales and royalty payments per phone.
Source:
http://english.cri.cn/12394/2015/12/21/3744s909414.htm
