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Ericsson and Lenovo settle patent litigation
Prnewswireยท 2025-04-03 15:00
Group 1 - Ericsson and Lenovo have reached a settlement to resolve their patent licensing dispute, which includes the withdrawal of all ongoing lawsuits and administrative proceedings in multiple countries, including the USITC [1][5] - Financial impacts from the settlement are expected to be recognized starting Q2 2025, with a remaining dispute to be resolved through arbitration [2][5] - Ericsson holds a patent portfolio of over 60,000 granted patents and invests more than SEK 50 billion annually in R&D, aiming to grow its IPR revenues through new 5G agreements and expansion into other licensing areas [3]