Nokia reiterated that it will look for the right hardware partner before jumping back into the smartphone business via licensing its brand and technology, which won't happen until the fourth quarter of 2016 at the earliest.
Qualcomm Executive Chairman Paul Jacobs said the wireless silicon giant has no current plans to spin off its chipset business from its licensing business despite pressure from an activist investor to do so.
Verizon Wireless filed a patent application for a blueprint to establish a sponsored data program, according to the application.
Nokia said it is shifting its long-term strategy for its Nokia Technologies unit and will cut up to 70 jobs as a result. It's unclear at this point how Nokia's strategy for the division is changing.
Ericsson is suing Apple in Germany, the UK and the Netherlands, arguing Apple owes it patent royalties for using Ericsson's wireless technologies in the iPhone and iPad. The move represents an expansion of the companies' existing legal squabble.
The Walt Disney Company is continuing to push forward a video strategy that increasingly looks like pure OTT, signing a multiyear patent licensing agreement with the Kudelski Group. The deal will give Disney access--with certain limitations, of course--to a portfolio that includes more than 3,000 streaming-related patents and more than 4,500 patents worldwide.
Nokia is preparing to jump back into the handset market as soon as next year, likely via licensing its brand and technologies, according to a Re/code report.
Qualcomm brushed off calls from an activist shareholder to break up its chipset and patent-licensing businesses, arguing that keeping them together is in the best interests of shareholders. However, as the Wall Street Journal details, Qualcomm's profitable royalty business is coming under pressure from industry trade groups and competitors.
Qualcomm is facing pressure from an activist shareholder, the hedge fund Jana Partners, to break up its chipset business from its patent-licensing arm, with Jana arguing that the chip business is "essentially worthless" at current valuations.
The emergence of a new patent pool for HEVC compression technology threatens to slow the deployment of 4K/Ultra HD services within the pay-TV industry and beyond. On Thursday, a new group called HEVC Advance announced that it will begin licensing patents for high efficiency video encoding technology (aka "HEVC" or "H.265").