Apple has signed a deal agreeing to pay Ericsson about 0.5% of its revenue on iPhones and iPads sold, reports Reuters.Ericsson’s technology that helps smartphones and tablets connect to mobile networks was previously licensed for use by Apple; however, the license expired two years ago and negotiations failed to bring about a new deal. Ericsson filed a lawsuit against Apple in January.The two companies have now reached a deal. Share Article:Facebook, Twitter, LinkedIn, Google Plus, Email, Reddit, Digg, Delicious, StumbleUponFollow iClarified:Facebook, Twitter, LinkedIn, Google Plus, Newsletter, App Store, YouTubeAdvertise Here
Source: iClarified Read More: Apple to Pay Ericsson 0.5% of iPhone and iPad Revenue