Samsung Reaches $650M Deal With Ericsson To End IP Spat

Law360, New York (January 27, 2014, 5:39 PM EST) -- Samsung Electronics Co. Ltd. agreed to pay $650 million plus ongoing royalties to license standard-essential patents from telecom giant Ericsson Inc. and end infringement claims the companies traded in Texas federal court and before the U.S. International Trade Commission, Ericsson said Monday.

The agreement resolved Ericsson's allegations that Samsung infringed a series of its patents covering how a cellphone interacts with a wireless network, including functions that control mobile phone audio quality and a cellular network's speed.

Kasim Alfalahi, Ericsson's chief intellectual property officer, said he...
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