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SAMSUNG

Samsung hits back at Ericsson in patent battle

South Korea's Samsung Electronics said Wednesday it had filed a complaint to seek a US import ban on some Ericsson products in an escalating patent battle with the Swedish mobile giant.

Samsung hits back at Ericsson in patent battle

Samsung took the action Friday with the US International Trade Commission, seeking a ban on imports and sales of Ericsson’s products over alleged infringements of Samsung’s wireless and equipment patents.

“We have sought to negotiate with Ericsson in good faith. However, Ericsson has proven unwilling to continue such negotiations by making unreasonable claims, which it is now trying to enforce in court”, Samsung said.

“Under such circumstances, we have no choice but to take the steps necessary to protect our company,” it said in a statement.

The action came after Ericsson earlier in the month filed a complaint with the commission seeking a ban on the import of some of Samsung’s wireless products, including devices in its Galaxy range.

The pair are currently engaged in a patent dispute in a US district court.

Ericsson claims Samsung is seeking to drastically reduce the fee it pays to license so-called standard essential patents, which protect inventions incorporated into broader technologies used throughout the industry, court filings showed.

Samsung argues Ericsson’s fee is too high.

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SWEDEN AND UKRAINE

Ericsson suspends all Russia operations indefinitely

Swedish network equipment maker Ericsson said Monday that it was suspending all of its Russian operations over the war in Ukraine for the foreseeable future.

Ericsson suspends all Russia operations indefinitely

The telecom giant already announced in late February that it would stop all deliveries to Russia following Moscow’s February 24 invasion of Ukraine.

“In the light of recent events and of European Union sanctions, the company will now suspend its affected business with customers in Russia indefinitely,” Ericsson said in a statement.

The company added that it was “engaging with customers and partners regarding the indefinite suspension of the affected business.”

“The priority is to focus on the safety and well-being of Ericsson employees in Russia and they will be placed on paid leave,” it said.

READ ALSO: How has Sweden responded to Putin’s war in Ukraine so far?

Hundreds of Western firms ranging from Ikea to Coca-Cola, Goldman Sachs and McDonald’s have stopped operations in the country since the invasion, with French banking group Societe Generale announcing Monday it was selling its stake in Russia’s Rosbank.

Ericsson has around 600 employees in Russia, and is a “major supplier to the largest operator MTS and the fourth largest operator Tele2,” a company spokeswoman told AFP, adding that together with Ukraine, Russia accounts for less than two percent of revenue.

As a result, the equipment maker said it would record a provision for 900 million Swedish kronor ($95 million, 87 million euros) for the first quarter of 2022 for “impairment of assets and other exceptional costs,” though no staff redundancy costs were included.
Ericsson is due to publish its first quarter earnings on April 14.

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