- 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)