Apple (AAPL) Sues Ericsson (ERIC) Over Excessive Royalty Rates

Apple Inc (AAPL) has reportedly sued Swedish telecoms firm Ericsson (ERIC) alleging that the company’s LTE wireless technology patents are not essential to long term evolution, or LTE standards, and that it is demanding excessive fees for these patents, Reuters reported. “Ericsson seeks to exploit its patents to take the value of these cutting-edge Apple […] View the full post at: Apple (AAPL) Sues Ericsson (ERIC) Over Excessive Royalty Rates Related posts: iPhone Going to Russia Fed’s Rosengren: Low interest rates appropriate now Energy Tycoon T. Boone Pickens Sues Lehman Brothers