November 20th, 2014 5:59 PM 8 COMMENTS

Court orders Micromax to pay royalty to Ericsson

Delhi High Court has asked domestic handset maker Micromax to pay a royalty that amounts up to 1% of the selling price of its devices to Ericsson for using the Swedish equipment maker's patents on technologies that are essential to manufacture the products. The interim order holds until December 31, 2015, the deadline set by the court to conclude the trial. Ericsson had argued that it has similar payment arrangements... Read More

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