{"id":521775,"date":"2021-08-03T04:03:04","date_gmt":"2021-08-03T08:03:04","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/interdigital-signs-licensing-agreement-with-xiaomi\/"},"modified":"2021-08-03T04:03:04","modified_gmt":"2021-08-03T08:03:04","slug":"interdigital-signs-licensing-agreement-with-xiaomi","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/interdigital-signs-licensing-agreement-with-xiaomi\/","title":{"rendered":"InterDigital signs licensing agreement with Xiaomi"},"content":{"rendered":"<div class=\"mw_release\">\n<p>WILMINGTON, Del., Aug.  03, 2021  (GLOBE NEWSWIRE) &#8212; InterDigital, Inc. (NASDAQ:IDCC), a mobile and video technology research and development company, today announced it has entered into a multi-year, worldwide, non-exclusive, royalty bearing license with Xiaomi.<\/p>\n<p>The license covers Xiaomi\u2019s cellular-enabled mobile devices under InterDigital\u2019s standard essential patents related to cellular wireless (including 3G, 4G and 5G), WiFi and HEVC video technology.<\/p>\n<p>As part of the agreement InterDigital and Xiaomi have agreed to dismiss all pending patent litigation and other proceedings between the companies.<\/p>\n<p>\u201cWe are very pleased to conclude this agreement with Xiaomi which recognizes our long-term investment in research and innovation in standards-based technologies and the strength and breadth of our patent portfolio across several key technologies,\u201d said Eeva Hakoranta, Chief Licensing Officer, InterDigital. \u201cThis deal adds one of the world\u2019s leading smartphone manufacturers to the approximately 80 companies, including Apple, Huawei, and Samsung, which have taken licenses to InterDigital\u2019s extensive portfolio. Adding Xiaomi now allows us to offer our patented technology to millions more consumers around the world while working constructively with an industry leader.\u201d<\/p>\n<p>\u201cNow a leading smartphone company in the world, Xiaomi has continuously invested in core standards research to emerge as a top contributor to standard essential technologies in the world,\u201d commented Paul Lin, Vice President of Global Business Development and IP Strategy, Xiaomi Corp. \u201cIn the past year, the Xiaomi and InterDigital teams worked hard to understand each other\u2019s needs and diligently seek to narrow the gaps. I\u2019m glad, now that all disputes are resolved between the two parties, Xiaomi can remain laser-focused on bringing innovative products to market.\u201d<\/p>\n<p>\n        <strong>About InterDigital<\/strong><br \/>\n        <sup>\u00ae<\/sup>\n      <\/p>\n<p>InterDigital develops mobile and video technologies that are at the core of devices, networks, and services worldwide. We solve many of the industry\u2019s 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\u2019s leading technology companies. Founded in 1972, InterDigital is listed on NASDAQ. <br \/>InterDigital is a registered trademark of InterDigital, Inc.<\/p>\n<p>For more information, visit:\u00a0<a href=\"https:\/\/www.globenewswire.com\/Tracker?data=m-JaH6diMut0KNrBMZDNXWtVQWI5iBlfLiXSTm_R4pPVq1yyF1MZqBmjsDRbvj2pItichQAFoYlApnXnJ4VjZ_iE9VSkFpbOjk7f1YT_tW8=\" rel=\"nofollow noopener\" target=\"_blank\">www.interdigital.com<\/a>.<\/p>\n<p>\n        <strong>About Xiaomi<\/strong>\n      <\/p>\n<p>Xiaomi Corporation was founded in April 2010 and listed on the Main Board of the Hong Kong Stock Exchange on July 9, 2018 (1810.HK). Xiaomi is a consumer electronics and smart manufacturing company with smartphones and smart hardware connected by an IoT platform at its core.<\/p>\n<p>Embracing our vision of \u201cMake friends with users and be the coolest company in the users\u2019 hearts\u201d, Xiaomi continuously pursues innovations, high-quality user experience and operational efficiency. The company relentlessly builds amazing products with honest prices to let everyone in the world enjoy a better life through innovative technology.<\/p>\n<p>Xiaomi is one of the world&#8217;s leading smartphone companies. The company\u2019s market share in terms of smartphone shipments ranked no. 2 globally in the second quarter of 2021. The company has also established the world\u2019s leading consumer AIoT (AI+IoT) platform, with 351.1 million smart devices connected to its platform (excluding smartphones and laptops) as of 31 March 31, 2021, excluding smartphones and laptops. Xiaomi products are present in more than 100 countries and regions around the world. In August 2020, the company made the Fortune Global 500 list for the second time, ranking 422nd, up 46 places compared to 2019.<\/p>\n<p>Xiaomi is a constituent of the Hang Seng Index, Hang Seng China Enterprises Index, Hang Seng TECH Index and Hang Seng China 50 Index.<\/p>\n<p>\n        <strong>InterDigital Contact:<\/strong><br \/>\n        <br \/>Richard Lloyd<br \/>Email:\u00a0<a href=\"https:\/\/www.globenewswire.com\/Tracker?data=jaBhVhrAJW85C0Nwlw5UEOzDNt5Dokl4qLk0UHZ43CJRAlH_0_f0GW92gFzg3FyGsQvjqrZqeukIYg-qiE25MZe1iR1SY6bwqDISNvcDpSkTYIRU_q9huVFlgSr7C5F9\" rel=\"nofollow noopener\" target=\"_blank\">richard.lloyd@interdigital.com<\/a><br \/>+1 (202) 349-1716<\/p>\n<p>\n        <strong>Xiaomi Contact<\/strong><br \/>\n        <br \/>Qingyuan Guo<br \/><a href=\"https:\/\/www.globenewswire.com\/Tracker?data=ymsmoM-tRfpk4vGXZNUmtouKZ7D4ZU0FVxSg8ilFEuJvvEhwjCD_aEor0jLOfv0ELqGaGpEKEWxLHDXEM53QmbnEZdIklkT7VT9t-Ycem1I=\" rel=\"nofollow noopener\" target=\"_blank\">guoqingyuan@xiaomi.com<\/a><\/p>\n<p>      <img loading=\"lazy\" decoding=\"async\" class=\"__GNW8366DE3E__IMG\" src=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODMwMTI3OSM0MzM3MTg4IzIwMDQyMzA=\" width=\"1\" height=\"1\" \/><br \/>\n      <br \/>\n      <img loading=\"lazy\" decoding=\"async\" class=\"__GNW8366DE3E__IMG\" src=\"https:\/\/ml.globenewswire.com\/release\/track\/99d5b018-e38e-491d-903b-913a07ff8130\" width=\"1\" height=\"1\" \/>\n    <\/div>\n<div class=\"mw_contactinfo\"><\/div>\n","protected":false},"excerpt":{"rendered":"<p>WILMINGTON, Del., Aug. 03, 2021 (GLOBE NEWSWIRE) &#8212; InterDigital, Inc. (NASDAQ:IDCC), a mobile and video technology research and development company, today announced it has entered into a multi-year, worldwide, non-exclusive, royalty bearing license with Xiaomi. The license covers Xiaomi\u2019s cellular-enabled mobile devices under InterDigital\u2019s standard essential patents related to cellular wireless (including 3G, 4G and 5G), WiFi and HEVC video technology. As part of the agreement InterDigital and Xiaomi have agreed to dismiss all pending patent litigation and other proceedings between the companies. \u201cWe are very pleased to conclude this agreement with Xiaomi which recognizes our long-term investment in research and innovation in standards-based technologies and the strength and breadth of our patent portfolio across several key technologies,\u201d said Eeva &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/interdigital-signs-licensing-agreement-with-xiaomi\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;InterDigital signs licensing agreement with Xiaomi&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-521775","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.5 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>InterDigital signs licensing agreement with Xiaomi - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/interdigital-signs-licensing-agreement-with-xiaomi\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"InterDigital signs licensing agreement with Xiaomi - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"WILMINGTON, Del., Aug. 03, 2021 (GLOBE NEWSWIRE) &#8212; InterDigital, Inc. (NASDAQ:IDCC), a mobile and video technology research and development company, today announced it has entered into a multi-year, worldwide, non-exclusive, royalty bearing license with Xiaomi. The license covers Xiaomi\u2019s cellular-enabled mobile devices under InterDigital\u2019s standard essential patents related to cellular wireless (including 3G, 4G and 5G), WiFi and HEVC video technology. As part of the agreement InterDigital and Xiaomi have agreed to dismiss all pending patent litigation and other proceedings between the companies. \u201cWe are very pleased to conclude this agreement with Xiaomi which recognizes our long-term investment in research and innovation in standards-based technologies and the strength and breadth of our patent portfolio across several key technologies,\u201d said Eeva &hellip; Continue reading &quot;InterDigital signs licensing agreement with Xiaomi&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/interdigital-signs-licensing-agreement-with-xiaomi\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2021-08-03T08:03:04+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODMwMTI3OSM0MzM3MTg4IzIwMDQyMzA=\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/interdigital-signs-licensing-agreement-with-xiaomi\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/interdigital-signs-licensing-agreement-with-xiaomi\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"InterDigital signs licensing agreement with Xiaomi\",\"datePublished\":\"2021-08-03T08:03:04+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/interdigital-signs-licensing-agreement-with-xiaomi\\\/\"},\"wordCount\":588,\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/interdigital-signs-licensing-agreement-with-xiaomi\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.globenewswire.com\\\/newsroom\\\/ti?nf=ODMwMTI3OSM0MzM3MTg4IzIwMDQyMzA=\",\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/interdigital-signs-licensing-agreement-with-xiaomi\\\/\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/interdigital-signs-licensing-agreement-with-xiaomi\\\/\",\"name\":\"InterDigital signs licensing agreement with Xiaomi - 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