A Florida Times Union article titled “Second lawsuit by Jacksonville’s ParkerVision against Qualcomm draws mixed analysis” features insight and commentary from firm chairman Steve Busey.
The article focuses on the decision by ParkerVision, Inc. to file another lawsuit against mobile communications giant Qualcomm. The federal suit filed May 1 accuses Qualcomm and HTC of infringing seven of ParkerVision’s patents.
Whereas ParkerVision’s original suit focused on Qualcomm’s alleged infringement of cellular receivers and similar technology, the new suit accuses the mobile chip giant of infringing on transmitters and mobile systems.
ParkerVision was awarded $173 million in damages after a jury in the U.S. Middle District Court of Florida in Orlando agreed in October with company officials that Qualcomm had infringed on ParkerVision patents for wireless communication technology.
In the article, Busey comments on the impact the recent lawsuit will have on ParkerVision stating, “Personally, I agree this is important for ParkerVision and it makes sense for them to find value in these assets in the interest of the shareholders. As evidenced by the [October] verdict, they’ve done a good job.”
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