An Apple spokesperson said on Tuesday that Ericsson has declined to negotiate reasonable terms to renew the patent licensing agreement. Instead she is suing Apple around the world for higher royalties. We are asking the court to help us fix the right price. ,
Patent lawsuits are common among tech companies. Companies like Ericsson charge $2.50 (approximately Rs 190) to $5 (approximately Rs 370) for each 5G handset.
At the same time, Ericsson says that the previous agreement has ended. We haven’t been able to compromise on the terms of the new license, so Apple is using our technology without a license.
Remember that Ericsson invests about $5 billion (about Rs 37,310 crore) every year in its research. The company has a portfolio of more than 57,000 patents and royalties. This gives the company one third of its earnings. Last year too, Ericsson settled patent lawsuits with Samsung after months of court battles. This affected his earnings.
Apple has been facing several lawsuits in the past few months. In December last year, another lawsuit in the US claimed that every Apple Watch model ever made has an “unsafe defect”. This claim is specifically made with the fact that the Apple Watch lacks internal space to accommodate the bloated battery. In this case, questions have been raised on Apple Watch, on which Apple has to answer.
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