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2016-01-14

Ericsson: Ericsson and Huawei extend global patent cross license agreement

* Renewed cross license agreement (including the GSM, UMTS and LTE cellular
standards)
* On-going royalty payment to Ericsson, 2016 and onwards, based upon actual
sales
* Ericsson's estimate for full year 2015 IPR revenues of SEK 13-14 b. remains

Ericsson (NASDAQ:ERIC) and Huawei have agreed on extending their global patent
license agreement between the two companies. The agreement includes a cross
license that covers patents relating to both companies' wireless
standard-essential patents (including the GSM, UMTS and LTE cellular
standards). Under the agreement, both companies are able to access and
implement the other company's standard essential patents and technologies
globally.

As part of the renewed agreement, Huawei will make on-going royalty payment
based upon actual sales to Ericsson from 2016 and onwards. Further details of
the agreement are confidential.

Jianxin Ding, Head of Global Intellectual Property, Huawei Technologies Co.,
Ltd., says: "We are pleased to extend our global cross license agreement with
Ericsson. This new agreement reflects the two leading companies' joint view
that innovation and intellectual property rights shall be protected, and
reasonable compensation for the implementation of intellectual property
rights is vital to promoting technology innovation, sharing and standardizing
technology, driving and accelerating industry evolution."

Kasim Alfalahi, Chief Intellectual Property Officer at Ericsson, says: "We are
happy to see an extension of the agreement. The extension shows our
commitment to drive innovation and industry development. In the future,
everyone and everything will be connected through the Networked Society and
Internet of Things. Our role is to drive this transformation, opening up new
ways to innovate, to collaborate, and to empower people, business, and
society".
NOTES TO EDITORS

For media kits, backgrounders and high-resolution photos, please
visitwww.ericsson.com/press

Ericsson is the driving force behind the Networked Society - a world leader in
communications technology and services. Our long-term relationships with
every major telecom operator in the world allow people, business and society
to fulfill their potential and create a more sustainable future.

Our services, software and infrastructure - especially in mobility, broadband
and the cloud
- are enabling the telecom industry and other sectors to do better business,
increase efficiency, improve the user experience and capture new
opportunities.

With approximately 115,000 professionals and customers in 180 countries,
we combine global scale with technology and services leadership. We support
networks that connect more than 2.5 billion subscribers. Forty percent of the
world's mobile traffic is carried over Ericsson networks. And our investments
in research and development ensure that our solutions - and our customers -
stay in front.

Founded in 1876, Ericsson has its headquarters in Stockholm, Sweden. Net sales
in 2014 were SEK 228.0 billion (USD 33.1 billion). Ericsson is listed on
NASDAQ OMX stock exchange in Stockholm and the NASDAQ in New York.

www.ericsson.com

www.ericsson.com/news

www.twitter.com/ericssonpress

www.facebook.com/ericsson

www.youtube.com/ericsson

FOR FURTHER INFORMATION, PLEASE CONTACT

Ericsson Corporate Communications
Phone: +46 10 719 69 92
E-mail:media.relations@ericsson.com

Ericsson Investor Relations
Phone: +46 10 719 00 00
E-mail:investor.relations@ericsson.com

Ericsson and Huawei extend global patent cross license agreement
http://hugin.info/1061/R/1978769/724710.pdf

---------------------------------------

This announcement is distributed by NASDAQ OMX Corporate Solutions on behalf of NASDAQ OMX Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: Ericsson via Globenewswire

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