Short Sellers Consider This: ZTE settled with Ericsson for $647MM
-ZTE settled with Ericsson for $647MM
-ZTE ranked #1 in patent applications for a second straight year.
-They must respect the viability of patents as it relates to smartphones due to their increase in filings.
-Vringo holds over 500 patents [in the Nokia (NOK) patent portfolio] with 124 of them being known as, "standard essential." This is huge for a small (relatively new) company to own the rights to technology that is growing faster in Europe than it is in the U.S.