{"id":53497,"date":"2023-08-27T04:24:56","date_gmt":"2023-08-27T08:24:56","guid":{"rendered":"https:\/\/ifintechworld.com\/uncategorized\/ericsson-sees-ipr-licensing-revenues-of-1-billion-this-year\/"},"modified":"2023-08-27T04:24:59","modified_gmt":"2023-08-27T08:24:59","slug":"ericsson-sees-ipr-licensing-revenues-of-1-billion-this-year","status":"publish","type":"post","link":"https:\/\/ifintechworld.com\/?p=53497","title":{"rendered":"Ericsson sees IPR licensing revenues of $1 billion this year"},"content":{"rendered":"
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\u00a9 Reuters. FILE PHOTO: A logo of Ericsson is seen outside the company’s office in Kanata, Ontario, Canada April 17, 2023. REUTERS\/Lars Hagberg\/File Photo<\/span>
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STOCKHOLM (Reuters) -Sweden’s Ericsson (BS:) predicted on Friday intellectual property rights (IPR) licensing income of 11 billion Swedish crowns ($1 billion) this year after it renewed a patent cross-licensing agreement with China’s Huawei.<\/p>\n

The telecom gear maker’s renewed multi-year deal with its Chinese rival grants both companies global access to each other’s patented, standardized technologies, it said.<\/p>\n

“With the current portfolio of IPR licensing contracts, Ericsson estimates the full-year 2023 IPR licensing revenues to be approximately 11 billion crowns,” the company said in a statement.<\/p>\n

($1 = 11.0158 Swedish crowns)<\/p>\n<\/div>\n

Read the full article here<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

2\/2 \u00a9 Reuters. FILE PHOTO: A logo of Ericsson is seen outside the company’s office in Kanata, Ontario, Canada April 17, 2023. REUTERS\/Lars Hagberg\/File Photo 2\/2 STOCKHOLM (Reuters) -Sweden’s Ericsson (BS:) predicted on Friday intellectual property rights (IPR) licensing income of 11 billion Swedish crowns ($1 billion) this year after it renewed a patent cross-licensing […]<\/p>\n","protected":false},"author":1,"featured_media":53498,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"video","meta":{"footnotes":""},"categories":[1],"tags":[83],"class_list":["post-53497","post","type-post","status-publish","format-video","has-post-thumbnail","hentry","category-uncategorized","tag-featured","post_format-post-format-video"],"yoast_head":"\nEricsson sees IPR licensing revenues of $1 billion this year | iFintechWorld<\/title>\n<meta name=\"description\" content=\"2\/2 \u00a9 Reuters. 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