LG Electronics, KT Corporation and Vodafone Join Sisvel Cellular IoT Patent Pool - Middle East News 247
December 13, 2024
NEWS DESK

LG Electronics, KT Corporation and Vodafone Join Sisvel Cellular IoT Patent Pool

KT Corporation, LG Electronics Inc. and Vodafone Group Services Limited have become the latest companies to join Sisvel’s Cellular IoT patent pool, further cementing the programme’s status as the one-stop licensing solution for cellular IoT device makers.

With these additions, more than 50% of all NB-IoT and LTE-M SEPs are now available through a single pool licence from Sisvel. The programme enables implementers to gain access to 34 separate patent portfolios in one fast and easy transaction, with rates starting at just US$0.08 per device.

The Sisvel Cellular IoT programme represents a diverse range of patent owners from across the telecoms and IoT ecosystem. These include mobile infrastructure vendors, product and component makers and network operators. All share a strong interest in fuelling the continued growth of cellular IoT across multiple verticals.

“We are proud to welcome LG Electronics, KT Corporation and Vodafone as our newest members. Their presence significantly strengthens the patent coverage available through the pool,” says Sisvel Cellular IoT programme manager Sven Torringer. “From day one, our aim has been to provide cellular IoT device makers with the predictability they need to scale up their businesses while ensuring a fair return for innovators. Coupled with our recent deal with Nordic Semiconductor, today’s announcement underlines the growing industry consensus around our solution.”

Last Updated on 3 months by News Desk 1

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