Ericsson compelled to take legal action against Transsion

Transsion, a global Chinese company with a large footprint in Africa and Eastern Asia – but also operating in Europe and South America – is Ericsson’s (NASDAQ: ERIC) last remaining unlicensed top ten smartphone supplier.

Despite almost a decade of negotiations, Transsion continues to reject Ericsson’s FRAND offers while failing to enter into a global patent license agreement.

Transsion’s perpetual delay tactics impact the telecom innovation cycle, creating an anticompetitive environment in relation to its competitors who properly license Ericsson’s patented standard essential technology.

Ericsson has commenced legal action against Transsion in Brazil, India, Nigeria, and the Unified Patent Court.

For several decades, Ericsson has been a leading contributor to 3GPP and to the development of global mobile standards for the benefit of consumers and enterprises everywhere.

The value of Ericsson’s patent portfolio of more than 60,000 granted patents is strengthened by the company’s leading position as a 5G vendor, and annual investments of around USD 5 billion in R&D.