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Apple To Pay Ericsson Patent Royalties On iPhones and iPads (cio.com)

Posted by samzenpus on from the pay-up dept.

itwbennett writes: In settlement of a long-standing dispute over patents that Ericsson considers essential to the implementation of a number of mobile communications standards, including GSM, the 3G standard UMTS and LTE, Apple has agreed to pay Ericsson royalties on sales of iPhones and iPads. While the companies would not disclose further details of their agreement, Ericsson gave a hint about its value. For the full year 2015, Ericsson predicts its intellectual property rights revenue will amount to between 13 billion and 14 billion Swedish krona ($1.64 billion). In comparison, it reported IPR revenue of 10.6 billion krona for the full year 2014, including a 4.2 billion krona lump sum in settlement of a similar global dispute with Samsung Electronics.

4 of 75 comments (clear)

  1. Erickson actually crreated by Anonymous Coward · · Score: 4, Insightful

    Erickson actually paid for the R&D to create something new, unlike curved edges and a single button that Apple patented. Fuck Apple.

    1. Re:Erickson actually crreated by danbob999 · · Score: 3, Interesting

      They also patented the "bounce" effect of the picture gallery app when you reach the end.

    2. Re:Erickson actually crreated by ewibble · · Score: 3, Insightful

      That is the point, 1200 patents, name 3 off the top of your head that aren't trivial, or would not have been invented otherwise. I can't think of 1.

      Just coming up with an idea, has now become a legal minefield, patents are probably more detrimental it innovation than helpful.

      Don't get me wrong apple have brought together technology in very stylish manner, by doing so made it mobile devices popular with consumers, but they really have not made that many significant technological innovations.

  2. IPR [Re:Figures?] by Geoffrey.landis · · Score: 4, Informative

    I don't know what "IPR Revenue" is

    "Intellectual Property Rights" revenue.

    From the summary: " For the full year 2015, Ericsson predicts its intellectual property rights revenue will amount to between 13 billion and 14 billion Swedish krona ($1.64 billion). In comparison, it reported IPR revenue of 10.6 billion krona for the full year 2014,..."

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    http://www.geoffreylandis.com