Samsung signs IP deals with Google, Ericsson

|About: Samsung Electronics Co., ... (SSNLF)|By:, SA News Editor

Samsung (SSNLF) and Google (GOOG) have signed a global patent-licensing agreement to share existing IP and patents filed within the next 10 years.

The companies said the pact will "lead to deeper collaboration on research and development of current and future projects."

Korean patent lawyer Jung Dong Joon reckons the deal will provide Samsung with a major ally in its global IP legal battle with Apple. (PR)

Meanwhile, Samsung has finalized a multi-year licensing deal with Ericsson (ERIC) that will end all IP-related legal disputes. Samsung will pay an initial sum and then royalties.

The agreement will affect Ericsson's Q4 sales by 4.2B Swedish kroner ($652M) and net income by 3.3B kroner. (PR)