Qualcomm reported quarterly earnings that beat analysts' expectations, even as its sales and profit fell sharply from a year ago. However, Qualcomm's expectations for its current quarter fell below analysts' forecasts, as the chipset giant is facing headwinds in negotiating new patent licensing deals with Chinese smartphone makers.
HEVC Advance, a new patent group seeking to collect 0.5% of the revenues from all HEVC-encoded 4K content sold, said it will adjust its fees … maybe.
The licensing terms put forth by HEVC Advance, a patent pool which may soon include companies like Technicolor, Dolby, Philips and Mitsubishi Electric, are "unfair and unreasonable" and the industry, including online video providers, should band together and refuse to pay, an industry analyst said.
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.