ZTE Welcomes India Court Ruling in Patent Litigation with Vringo
11 August 2014, Shenzhen, China – 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 decision by the High Court of Delhi made last week that favoured the company in a patent litigation with Vringo Inc., an Israeli technology company.
A temporary injunction against a number of ZTE products, including its base station controllers based on GSM technology, was lifted.
ZTE reserves the right to pursue further legal action against Vringo and its subsidiaries in India and other jurisdictions to protect the interests of ZTE and customers. ZTE is committed to defending the company and its subsidiaries against patent-related claims initiated by Vringo in litigations in Europe, Asia and South America.
As one of the world’s leading technology innovators, ZTE respects the intellectual property of other companies, having completed dozens of global intellectual property licensing agreements with holders including Ericsson, Siemens, Dolby Laboratories, Qualcomm and Microsoft.
ZTE is committed to investment in intellectual property and compliance management to safeguard the company’s business operations and commercial interests. In the past five years, ZTE’s research and development spending exceeded RMB40 billion. As of mid-2014, ZTE has filed applications for more than 53,000 patents globally, with more than 17,000 granted so far.
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.
A separate litigation in India involving ZTE and Vringo concerning India Patent No. 243980 is ongoing.
About ZTE
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.
