ZTE Corporation ("ZTE") (H share stock code: 0763.HK / A share stock
code: 000063.SZ), a publicly-listed global provider of
telecommunications equipment, network solutions and mobile devices,
welcomes the final determination of the United States International
Trade Commission to reject the patent complaints of InterDigital Inc.
InterDigital's case alleging violations of Section 337 of the Tariff Act
of 1930 was terminated by the ITC, which upheld an initial determination
made in June. In December 2013, the ITC issued its final determination
in favor of ZTE in an earlier complaint filed by InterDigital. During
the past year, the ITC also ruled in favor of ZTE in Section 337 cases
initiated by Technology Properties Limited LLC and FlashPoint Technology
"We are pleased by the decision reached by the ITC," said Guo Xiaoming,
Chief Legal Officer of ZTE. "As a globally-leading technology innovator,
ZTE respects the intellectual property of other companies, and we are
committed to working with all stakeholders to resolve any IPR disputes
amicably and rationally."
ZTE's strategic planning and industry-eading pool of intellectual
property assets provide a strong safeguard to help the company prevail
in patent disputes internationally.
ZTE has filed applications for more than 53,000 patents globally, with
more than 17,000 granted as of mid-2014. ZTE's spending on research and
development exceeded RMB 40 billion in the past five years. Such
investments will be key to enhance ZTE's competitiveness and
intellectual property capabilities to help the company cope with changes
in the technology landscape and market environment.
ZTE has completed dozens of global intellectual property licensing
agreements with holders including Ericsson, Siemens, Dolby Laboratories,
Qualcomm, and Microsoft. ZTE retained its global top-2 position in
patent applications in the World Intellectual Property Organization's
annual rankings published this year, after being the top-ranked company
in each of the previous two years.
ZTE is a publicly-listed global provider of telecommunications equipment
and network solutions with the most comprehensive product range covering
virtually every telecommunications sector, including wireless, access &
bearer, VAS, terminals and professional services. The company delivers
innovative, custom-made products and services to over 500 operators in
more than 160 countries, helping them to meet the changing needs of
their customers while growing revenue. ZTE commits 10 per cent of its
annual revenue to research and development and has leadership roles in
several international bodies devoted to developing telecommunications
industry standards. ZTE is committed to corporate social responsibility
and is a member of the UN Global Compact. The company is China's only
listed telecom manufacturer that is publicly traded on both the Hong
Kong and Shenzhen Stock Exchanges (H share stock code: 0763.HK / A share
stock code: 000063.SZ). For more information, please visit www.zte.com.cn.
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