Tech Giants Ericsson And Huawei Pioneer The Future With Renewed Patent Pact In 5G Era
Portfolio Pulse from Lekha Gupta
Ericsson (ERIC) has renewed a global cross-licensing deal with Huawei, covering patents for 3G, 4G, and 5G cellular technologies. The agreement will cover the companies' sales of network infrastructure and consumer devices. Ericsson expects 2023 IPR licensing revenues to be about SEK 11 billion. The company also plans to boost its IPR revenues through such agreements and expansion into additional licensing areas. Last month, Ericsson partnered with Intel Corp (INTC) for its future 5G infrastructure.
August 25, 2023 | 9:38 am
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POSITIVE IMPACT
Ericsson's renewed patent pact with Huawei and partnership with Intel for 5G infrastructure could boost its IPR revenues and overall growth.
The renewed patent pact with Huawei and the partnership with Intel for 5G infrastructure could significantly boost Ericsson's IPR revenues. This could also enhance the company's competitive position in the 5G market, potentially driving its overall growth.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
POSITIVE IMPACT
Intel's partnership with Ericsson for 5G infrastructure could enhance its position in the 5G market.
Intel's partnership with Ericsson for 5G infrastructure could enhance its technological capabilities and position in the 5G market. This could potentially drive its growth in the short term.
CONFIDENCE 80
IMPORTANCE 60
RELEVANCE 50