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global patent cross-license agreement.The company said the financial impact of this agreement is expected to be recognized starting from Q2.As part of the settlement, the companies agreed to withdraw all lawsuits and administrative proceedings in various countries, including those pending at the US International Trade Commission, Ericsson said.The remaining dispute will be settled through arbitration, the company added.Shares of Ericsson were down about 3.2% in recent trading.Price: 7.55, Change: -0.25, Percent Change: 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The parties further agree on arbitration to fully and finally resolve the remaining patent licensing dispute between the parties. Settlement ends all ongoing patent-related legal proceedings between the parties. STOCKHOLM, April 3, 2025 /PRNewswire/ -- Ericsson  and Lenovo have reached a settlement to resolve their patent licensing dispute over a multi-year, global patent cross-license agreement between the two companies.As part of the settlement, all ongoing lawsuits and administrative proceedings filed by both companies in several countries, including the actions pending before the United States International Trade Commission , will be withdrawn.Ericsson is a leading contributor to 3GPP and to the development of global mobile standards for the benefit of consumers and enterprises everywhere. 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Mexico and Canada weren't mentioned in the notes given to reporters after the announcement, they note. \"If Mexico, in particular, isn't targeted, then equipment suppliers like Ericsson and Nokia would be less impacted by direct tariffs given they assemble large parts of their equipment for the U.S. market in Mexico.\" In the case that no new tariffs on Mexican products are announced in the future, the outlook would be relatively positive for Nokia and Ericsson. Nokia and Ericsson shares are down 6.45% and 3.1%, respectively. 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Aluminum tariffs pose a challenge for the miner, which is the biggest aluminum producer in the West and ships 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