TCL Enters into MPEG LA’s AVC Patent Portfolio License
DENVER--(Business Wire / Korea Newswire) September 02, 2021 -- MPEG LA announced today that TCL Electronics Holdings Limited (“TCL”) has become a Licensee to MPEG LA’s AVC Patent Portfolio License (“AVC License”).
As a result of this agreement, all legal disputes related to patent enforcement actions brought by patent holders in MPEG LA’s AVC License against TCL have been resolved. Click here for more information.
MPEG LA, LLC
MPEG LA is the world’s leading provider of one-stop licenses for standards and other technology platforms. Starting in the 1990s, it pioneered the modern-day patent pool helping to produce the most widely used standards in consumer electronics history and is expanding access to other groundbreaking technologies. MPEG LA has operated licensing programs for a variety of technologies consisting of 25,000 patents in 94 countries with some 260 patent holders and more than 7,200 licensees. Approximately 2,000 licensees enjoy the worldwide one-stop coverage of MPEG LA’s AVC Patent Portfolio License under essential patents owned by 40 patent holders. By assisting users with implementation of their technology choices, MPEG LA offers licensing solutions that provide access to fundamental intellectual property, freedom to operate, reduced litigation risk and predictability in the business planning process. For more information, go to www.mpegla.com.
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MPEG LA, LLC
This is a news release distributed by Korea Newswire on behalf of this company.