Ericsson, Huawei Extend Patent Cross-Licensing Agreement

Ericsson and Huawei agreed to extend their global patent cross-licensing pact, Ericsson said in a news release Thursday. The arrangement includes a cross license covering patents on both companies' wireless standard-essential patents, including LTE standards. Under the extended agreement, both companies may "access and implement" each other's standard essential patents and technologies globally, said Ericsson. Huawei will make "on-going" royalty payments contingent upon sales to Ericsson "from 2016 and onwards," said the release.