On Thursday, Lenovo and Ericsson announced they had reached a global cross-licensing agreement, ending a protracted legal battle between the two tech giants. This agreement marks a significant step in resolving complex issues related to the use of wireless communication patents.
In a significant ruling on Friday, Lenovo $0992.HK secured an appeal victory in a United Kingdom court, paving the way for a temporary license to use Ericsson's patented technologies $EKSN. This decision represents a major milestone in the ongoing global licensing dispute between the two industry giants, centered around the use of 4G and 5G wireless technology, and shaped by the principles of fair, reasonable, and non-discriminatory (FRAND) licensing.