As far as telecom domain is considered, top players patent the technology related to the domain way before their implementation in the real time. So a company can have a leverage of monetizing the patent either by building the tech or just selling/leasing their ideas.
The major telecom equipment makers and technology companies like Huawei, Ericsson, Nokia, and Qualcomm have extensive patent portfolios related to wireless technologies and telecom standards. They monetize these patents primarily through patent licensing fees, cross-licensing agreements, and asserting their patents against infringers, with tens of thousands of patents each, generate revenue from licensing fees paid by other companies that utilize their technologies.
Smaller patent-focused companies like InterDigital, though they do not manufacture equipment, own large portfolios of wireless technology patents. They rely almost entirely on patent licensing fees paid by major telecom companies that implement their patented technologies.
Companies in the telecom sector adopt various strategies, including patenting technological advancements, defensive patenting, managing Standard Essential Patents, and protecting copyrights and trademarks. These approaches not only shield their innovations and assets from infringement but also enable them to monetize their IP through licensing and partnerships. As the telecom industry continues to evolve, IPR will remain a critical factor in shaping its trajectory and determining which players thrive in an ever-changing landscape.
Well – adopted strategies
Patents are monetized in various strategies and when it comes to telecom profiles, we do have universal ways for monetizing, some of those includes,
Contd…
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