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Home » Lg Electronics, Kt Corporation And Vodafone Join Sisvel Pool

Lg Electronics, Kt Corporation And Vodafone Join Sisvel Pool

Zainab Fatima by Zainab Fatima
September 12, 2024
in News
Reading Time: 1 min read
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LUXEMBOURG–(BUSINESS WIRE)– KT Corporation, LG Electronics Inc., and Vodafone Group Services Limited have recently joined Sisvel’s Cellular IoT patent pool, reinforcing its position as the go-to licensing resource for manufacturers of cellular IoT devices.

With these new members, over half of all SEPs related to NB-IoT and LTE-M are now accessible through a single licensing agreement with Sisvel. This initiative allows implementers to obtain access to 34 different patent portfolios in a streamlined transaction, starting at a mere US$0.08 per device.

The Sisvel Cellular IoT program encompasses a wide array of patent owners within the telecom and IoT sectors. This diverse group includes mobile infrastructure suppliers, product and component manufacturers, as well as network operators, all united by a shared commitment to driving the advancement of cellular IoT across various industries.

“We are excited to include LG Electronics, KT Corporation, and Vodafone as our latest partners. Their inclusion significantly enhances the patent offerings within our pool,” states Sven Torringer, the program manager for Sisvel Cellular IoT. “From the outset, our goal has been to furnish cellular IoT manufacturers with the stability they need to expand while providing a justifiable return for innovators. The recent agreement with Nordic Semiconductor further emphasizes the growing industry acknowledgment of our solution.”

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Zainab Fatima

Zainab Fatima

I am a Computer Science major with a knack for writing. I am a freelance content writer with two years of experience. I manage SEO-friendly content for several blogs and websites. My niches of interest include technical writing, newsletters, and website copy.

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