other material
confidence high
sentiment positive
materiality 0.60
ParkerVision settles patent litigation with Hisense; terms confidential
PARKERVISION INC
- Patent license and settlement agreement with Hisense; litigation dismissed and IPR withdrawn.
- Proceeds from agreement will be used for contingent out-of-pocket legal expenses.
- ParkerVision has additional ongoing patent cases against Intel, TCL, and LG in Western District of Texas.
- Trial against Intel scheduled to commence in approximately three months.