InterDigital Loses U.S. Patent Case

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Dec. 19 (Bloomberg) –- Bloomberg’s Phil Mattingly reports on InterDigital losing its patent-infringement case with the U.S. International Trade Commission finding Nokia, Huawei Technologies and ZTE Corp. didn’t violate InterDigital’s patent rights. He speaks to Pimm Fox on Bloomberg Television’s “Taking Stock.” (Source: Bloomberg)

Patent infringement case.

This is coming from the international trade commission.

Phil mattingly joins us from washington with the details.

Interdigital has lost the case -- this is a big win for nokia.

These companies that interdigital was seeking to pull out of say when this case.

This tracks with a june decision.

Interdigital stock went up about 5% and the international trade commission said they would take another look.

We reviewed this case and the decision coming down now -- basically what interdigital is trying to say is these handset companies were using its patents and/or stealing from them.

This was an ongoing issue here and in china too.

What the error national trade commission said is they don't have a case.

So it is a big win for nokia.

Approximately 3000 patent infringement lawsuits were brought in 2012. is this just big business?

I think so.

When you look at what is going on across handsets, when you look at apple or android, this is how the game is being played right now.

People are going back and forth, the patent issue with the obama administration trying to figure out how to work with this issue, if we can't pejoratively call them patent trolls, this is the way things are working from a business perspective.

It's frustrating for some companies but other companies utilize this.

Interdigital has made it very clear they were going to utilize this if there is a possibility of an import and to extract some royalties.

They thought this was the hammer they could bring to the table but obviously they lost.

This is not the end of these cases.

These are going on nonstop and i

This text has been automatically generated. It may not be 100% accurate.

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