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ZTE signs agreement to end patent disputes with Ericsson
BEIJING, Feb 15, 2012 (Xinhua via COMTEX) --
China-based telecom equipment
manufacturer ZTE (000063.SZ) announced on Tuesday it had signed a
deal with Ericsson to end patent disputes between them.
The two sides agreed to withdraw all the patent infringement
lawsuits between them, including all patent disputes yet to close in
Germany, UK and China.
On Tuesday, ZTE said it had received the decisions of
withdrawal of the lawsuits issued by local courts, including the
decision to withdraw the case brought by Ericsson against ZTE on
patent infringement made by local courts in the UK and Germany, and
the decision to withdraw the case brought by ZTE against Ericsson on
patent infringement.
Infringement disputes between ZTE and Ericsson broke out in
April 2011.
On January 20, ZTE said that it had communicated and
negotiated with Ericsson on all the issues concerning patents
involved in their cases, and both agreed to withdraw the charges for
patent infringement against each other.
ZTE also says the reconciliation would not have a severe
negative impact on the financial status and operation of the
corporation. (Edited by Luo Jingjing, luojj@xinhua.org)
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