Licensors must understand that what is FRAND in US and EU may not be in China, says Xiaomi IP strategy chief 09 Jan 17
This time seven years ago, Xiaomi did not exist; now it is one of the five biggest mobile businesses in the world. As it seeks to grow its business in both China and beyond, that presents the company with a series of major IP challenges. As part of its programme to meet these, last week it signed a deal with Via Licensing that will give it the right to use the assets that form Via’s Advanced Audio Coding patent pool in its products worldwide. Like a similar deal done with Lenovo just before Christmas, Xiaomi’s agreement with Via was tailored to reflect what both parties understand to be the unique dynamics facing Chinese businesses operating in the mobile space.
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