Lenovo Asserts Patent Portfolio: Files patent infringement action against ASUS with United States International Trade Commission
22.11.2023 - 06:30:28Lenovo is a strong proponent of cross-licensing agreements, open and transparent negotiations, and licensing within the industry on fair, reasonable, and non-discriminatory (FRAND) terms. This is evidenced by the Groupâs ongoing litigation with InterDigital, where it advocated for greater transparency and less discrimination in licensing negotiations and was proven by the UK Court to be a willing licensee. The action against ASUSTeK reflects the Groupâs commitment to protecting its significant contributions to technology innovation and industry âfirstsâ over the past 39 years, building a portfolio of over 28,000 patents with a further 14,000 applications pending.
ÂCommenting on the patent assertion, John Mulgrew, Lenovoâs Deputy General Counsel and Chief Intellectual Property Officer, commented: âWe feel the time has come for us to assert our patent portfolio more actively â given its strength and our position and experience as both licensee and licensor â to achieve greater balance in licensing. Increasingly, weâre seeing some licensors bypass FRAND discussions and rely instead on threats to extract inflated, supra-FRAND royalties from licensees. We think the better approach entails mutual respect, openness, and fairness, and outside assistance with FRAND if negotiations are at an impasse. While litigation is always Lenovoâs last resort, we do believe we need to protect our intellectual property while continuing to encourage transparency in licensing to enable ongoing investment in innovation and to ensure that customers around the world can benefit from the proliferation of affordable technology.â
ÂLenovo invests US$2.2 billion annually in research and development, and recently announced a further US$1 billion investment in AI innovation. It is regularly recognized for its commitment to and excellence in innovation â ranking #24 on Boston Consulting Groupâs annual top 50 âWorldâs Most Innovative Companiesâ list and recently winning Timeâs âBest Inventions of 2023â for the Yoga Book 9i and the Rollable Laptop.
ÂLenovo is represented in this matter by the global law firm DLA Piper.
ÂAbout Lenovo
ÂLenovo is a US$62 billion revenue global technology powerhouse, ranked #217 in the Fortune Global 500, employing 77,000 people around the world, and serving millions of customers every day in 180 markets. Focused on a bold vision to deliver Smarter Technology for All, Lenovo has built on its success as the worldâs largest PC company by further expanding into growth areas that fuel the advancement of âNew ITâ technologies (client, edge, cloud, network, and intelligence) including server, storage, mobile, software, solutions, and services. This transformation together with Lenovoâs world-changing innovation is building a more inclusive, trustworthy, and smarter future for everyone, everywhere. Lenovo is listed on the Hong Kong stock exchange under Lenovo Group Limited (HKSE: 992) (ADR: LNVGY). To find out more visit https://www.lenovo.com, and read about the latest news via our StoryHub.
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