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Ericsson Sues Samsung Over Patents

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Nov 27, 2012, 7:59 AM   by Eric M. Zeman

Ericsson has filed a patent infringement lawsuit against competitor Samsung after the two companies failed to reach a licensing agreement. According to Ericsson, the two telecom giants negotiated patent licensing agreements for more than two years, but never came to a settlement. "Ericsson has tried long and hard to amicably come to an agreement with Samsung and sign a license agreement on FRAND terms. We have turned to litigation as a last resort," said the company in a statement. In this case, the patents pertain to telecommunication networking gear, which both companies provide to wireless network operators. In its own statement, Samsung said, "Samsung has faithfully committed itself to conducting fair and reasonable negotiations with Ericsson over the past two years, but Ericsson has demanded prohibitively higher royalty rates to renew the same patent portfolio." The lawsuit was filed in the United States.

more info at Reuters »

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*facepalm* KoalaK Nov 27, 2012, 10:44 PM
 
 
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