InterDigital Launches New Phase of Transparency Effort
January 21 2020 - 4:00AM
InterDigital, Inc. (NASDAQ:IDCC), a mobile and video technology
research and development company, today launched a transparency
initiative that makes more readily accessible expanded information
about the company’s standards essential patent (SEP) licensing rate
program, including information regarding its rate structure,
licensing and arbitration principles as well as important data
about its large SEP portfolio.
“We firmly believe that we have one of the fairest licensing
programs in relation to our leading portfolio of standards
essential patents,” said William J. Merritt, President and
CEO. “We also believe that our program has already been one
of the most transparent and that our licensing practices represent
a tremendous balance between valuing standards-based research and
practically addressing concerns of implementers. We’re proud to
bring all of our key licensing information together in one place
that is broadly accessibly by the public. This information should
cement the view that InterDigital has never been about staking out
extreme positions: it’s about showing our balanced, factual
approach to licensing.”
Some of the highlights in the published information include:
- InterDigital’s position papers on FRAND licensing and
arbitration, both of which reflect a simple, common-sense approach
that balances the rights and obligations of SEP holders with the
rights and obligations of standards implementers.
- The company’s approach to portfolio valuation, which is that
rates should be based on the portfolio as a whole and not evaluated
on an inefficient and never-ending patent-by-patent basis.
- Broad information about the company’s portfolio related to 3G,
4G and 5G as well as key additional technologies Wi-Fi and HEVC,
showing a total footprint of approximately 9,800 patents and
applications related to key cellular standards on a 5G
backwards-compatible device and strong positions in Wi-Fi and
HEVC.
- A simple rate sheet for 3G, 4G and 5G devices, including ASP
caps and floors, that shows an illustrative base per unit royalty
of $1.15 for a $500 3G/4G smartphone that includes Wi-Fi and HEVC
video technologies, with additional discounts available on a
non-discriminatory basis based on volumes, agreement duration,
payment timing and structure, and other factors.
- InterDigital’s guiding principles for arbitration, which are
designed to reach fair results as efficiently as possible and
minimize cost for both licensor and licensee.
InterDigital has created a website to bring all this information
together in one place, which is available at
www.interdigital.com/licensing-transparency.
About InterDigital®
InterDigital develops mobile and video technologies that are at
the core of devices, networks, and services worldwide. We solve
many of the industry's most critical and complex technical
challenges, inventing solutions for more efficient broadband
networks, better video delivery, and richer multimedia experiences
years ahead of market deployment. InterDigital has licenses and
strategic relationships with many of the world's leading technology
companies. Founded in 1972, InterDigital is listed on NASDAQ and is
included in the S&P MidCap 400® index.InterDigital is a
registered trademark of InterDigital, Inc.
For more information, visit: www.interdigital.com.
InterDigital
Contact:Patrick Van de WilleEmail:
patrick.vandewille@interdigital.com +1 (858) 210-4814 |
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