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Ericsson, LG Strike Patent Licensing Deal, Move to End Court Spat

July 30, 2018, 8:06 PM

Ericsson AB and LG Electronics Inc. have renewed a licensing deal on patents related to wireless industry cellphone standards and asked a federal court to end their legal dispute.

Ericsson and consumer electronics maker LG reached a global patent licensing agreement, which includes a global cross-license for cellular standard-essential patents to both companies’ 2G, 3G, and 4G wireless technologies, Ericsson said in a July 30 statement. Terms of the deal are confidential. The companies also asked the East Texas district court July 30 to dismiss a patent infringement lawsuit Ericsson filed against LG in March.

The deal resolves a ...