New York City-based intellectual-property, asset-management
company Quest Patent Research’s (OTCQB: QPRC) wholly owned
subsidiary Semcon IP Inc. recently resolved all claims and disputes by and
between Semcon IP Inc. and AsusTek Computer Inc. relating to Semcon’s Power
Management Portfolio. A recent article discussing the company reads, “In May
2018, Semcon brought a patent infringement action in the United States District
Court for the Eastern District of Texas against AsusTeK Computer Inc. for
infringement of certain of the Power Management Portfolio, alleging that ‘Asus
has infringed and is continuing to infringe the Patents-in-Suit by making,
using, selling, offering to sell, and/or importing, and by actively inducing
others to make, use, sell, offer to sell and/or importing, products that
utilize SoCs and associated software that perform DCVS or DVFS for power
management, including Qualcomm Snapdragon SoCs including at least the
Snapdragon 800, 820 and 821 SoCs. Such Asus products include at least the
Zenfone 3 Ultra, Zenfone 3 Deluxe, Zenfone AR, Zenpad 3 and Padfone X
smartphones and tablets. Additionally, these Asus products include software
that utilizes DCVS and/or DVFS for power management.’ A copy of the complaint
is available at (http://ibn.fm/eAq6o).
. . . The Supplemental Mediators Report, filed with the court on Nov. 18,
2019, states that ‘a settlement has been reached as to all claims by and
between Plaintiff Semcon IP, Inc. and Defendant AsusTek Computer Inc. This case
is now settled.’ A copy of the mediator’s report is available at (http://ibn.fm/k97QB).”
To view the full article, visit http://ibn.fm/0sT36
About Quest Patent Research Corp.
Quest Patent Research operates as an intellectual-property,
asset-management company delivering financial, strategic and legal resources
for IP monetization. The company partners with inventors, businesses,
corporations and law firms to fully realize the value of IP assets through its
suite of value-added services. Quest currently owns, controls or manages more
than 115 patents across 11 intellectual property portfolios. Quest trades on
the OTCQB Venture Market for early-stage and developing U.S. and international
companies. For more information, visit the company’s website at www.QPRC.com.
NOTE TO INVESTORS: The latest news and updates
relating to QPRC are available in the company’s newsroom at http://ibn.fm/QPRC
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