Delaware District Court Infringement Trial Against ZTE Concludes
April 22 2015 - 4:30PM
InterDigital, Inc. (Nasdaq:IDCC), a wireless research and
development company, today announced that a jury verdict in the
U.S. District Court for the District of Delaware found no
infringement of one of the company's patents -- U.S. Patent Number
7,941,151 (the "'151 patent"). In an earlier trial in October 2014,
a jury found that ZTE 3G and 3G/4G devices had infringed U.S.
Patent Numbers 7,190,966 and 7,286,847 (collectively referred to as
the "Power Ramp-Up Patents") and U.S. Patent Number 8,380,244. In
that earlier trial, a mistrial was declared on the '151 patent when
the judge determined that further construction of certain claim
language was required, resulting in today's separate trial and
verdict.
"While we're disappointed by today's jury decision, we feel
overall that our Delaware actions against ZTE are successful in
highlighting the strength of InterDigital's contributions to
worldwide core wireless technology, and supporting our longstanding
licensing program," said Lawrence F. Shay, Executive Vice
President, Intellectual Property, and Chief Intellectual Property
Counsel. "We look forward to the damages phase of the proceedings
and hope that, overall, the results of our Delaware actions will be
helpful in facilitating discussions with ZTE and others that lead
to fair and reasonable license agreements with InterDigital."
About InterDigital
InterDigital develops technologies that are at the core of
mobile 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 and a
richer multimedia experience years ahead of market deployment.
InterDigital has licenses and strategic relationships with many of
the world's leading wireless 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.
CONTACT: Patrick Van de Wille
Email: patrick.vandewille@interdigital.com
+1 (858) 210-4814
InterDigital (NASDAQ:IDCC)
Historical Stock Chart
From Apr 2024 to May 2024
InterDigital (NASDAQ:IDCC)
Historical Stock Chart
From May 2023 to May 2024