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UK Court of Appeal rules in favor of InterDigital in dispute with Lenovo
InterDigitalInterDigital(US:IDCC) GlobeNewswire News Roomยท2024-07-12 13:10

Core Insights - The UK Court of Appeal ruled in favor of InterDigital in its FRAND licensing case against Lenovo, confirming that Lenovo must pay for its use of InterDigital's cellular SEP patents [1][4] - The ruling includes an increase in the licensing fees Lenovo must pay, totaling approximately $240 million for past sales since 2007, with an additional amount of over $55 million due [4] Company Overview - InterDigital, Inc. is a mobile, video, and AI technology research and development company, focusing on wireless, video, and AI technologies [2] - The company designs foundational technologies that enable connected experiences across various communication and entertainment products, licensing innovations to manufacturers of wireless devices, consumer electronics, IoT devices, and cloud-based services [2] Legal Context - The decision by the Court of Appeal is seen as a significant step towards balancing the interests of innovators and implementers, making it more challenging for companies like Lenovo to delay licensing agreements [2] - Lenovo has been unlicensed to InterDigital's cellular portfolio since the beginning of 2024, and InterDigital is committed to reaching a fair compensation agreement for its patented technologies [2]