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Avanci says Chinese report ignores wide market acceptance of SEP licensing model

( January 13, 2025, 01:48 GMT | Official Statement) -- MLex Summary: Avanci said a Chinese industry report on a vehicle-level pricing model for standard-essential patents "ignores" the wide market acceptance of its pricing model by licensors and licensees around the world and makes no mention of many concluded license agreements. "Nor does it recognize that participation in Avanci is only ever an option. An automaker that does not wish to take advantage of the simplicity and efficiency of our optional joint licensing solution will always have the alternative of negotiating licensing agreements bilaterally with individual patent owners," Avanci said in a statement on its website.Statement follows...

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