ZTE Welcomes Determination Of ITC To Reject Patent Complaints Of InterDigital

(RTTNews) - ZTE Corp. (ZTCOY.PK, ZTCOF.PK), a provider of telecommunications equipment, network solutions and mobile devices, said Tuesday that it welcomed the final determination of the United States International Trade Commission or ITC to reject the patent complaints of InterDigital Inc. (IDCC).

InterDigital's case alleging violations of Section 337 of the Tariff Act of 1930 was terminated by the ITC, which upheld an initial determination made in June. In December 2013, the ITC issued its final determination in favor of ZTE in an earlier complaint filed by InterDigital. During the past year, the ITC also ruled in favor of ZTE in Section 337 cases initiated by Technology Properties Limited LLC and FlashPoint Technology Inc.

ZTE said its strategic planning and industry-leading pool of intellectual property assets provide a strong safeguard to help the company prevail in patent disputes internationally.

ZTE stated that it has filed applications for more than 53,000 patents globally, with more than 17,000 granted as of mid-2014. ZTE's spending on research and development exceeded RMB 40 billion in the past five years.