Technobezz

Apple Will Pay Ericsson 0.5% Of iPhone And iPad Revenue

Apple and Ericsson has got an agreement associated with the use of Ericsson’s technology license on iPhone ad iPad. According to the Reuters, Apple agreed to pay Ericsson 0.5% of the sold iPhone and iPad revenue.

Actually, Ericsson has given the license to Apple to use their technology, but it has expired two years ago and negotiations to create the new deal has failed. It makes Ericsson filed a lawsuit against Apple in January.

Ericsson Chief Intellectual Property Officer Kasim Alfalahi said the agreement was broad, covering the latest 4G-LTE generation of mobile technology, as well as the earlier 2G and 3G technologies. The new agreement will cover the use of mobile technology for iPhone and iPad in the future, as Reuters reported.

Apple Will Pay Ericsson 0.5% Of iPhone And iPad Revenue

“It means we can continue to work with Apple in areas such as 5G radio network and optimization of the network”

“..estimated overall revenue from intellectual property rights in 2015 would hit 13 to 14 billion crowns ($1.52-$1.64 billion) up from 9.9 billion in 2014 as a result of the agreement”

From this deal, Ericsson’s operating profit is predicted to jump 13% in 2015 and 10 percent in 2017.

Source

The other news: Facebook Is Testing Live Photos Sharing On iOS

More on this topic

Best Smoothie Makers in 2020

We all need a blender in the kitchen for whipping up smoothies and shakes. Check out some of the best smoothie makers available today. There are many reliable, commercial-grade blenders

Best stand mixers in 2020

Stand mixers are useful appliances that make life easier in the average household. With these, you can come up with enough dough to make dozens of cookies or make milkshakes

Top Best Blenders to buy in 2020

A blender is a cool unit to feature in your perfect kitchen. Blenders are ideally used to crush, grind or make a pulpy, fresh juice out of any ingredient that

Best Laptops for Freelancers To Buy In 2020

Freelancing is a fun way to make a living because most freelancers get to work at their own pace, from their choice of location. Being always on the move demands

Best Ultrabooks Under $500 Of 2020

The laptops and ultrabooks have come a long way since the assumption that those that are budget-friendly aren’t good. Google changed this view with their cheap Chromebooks with amazing build

Leave a Reply