[News] Xiaomi Corporation Announces Proposed Listing on the Main Board of The Stock Exchange of Hong Kong
Global technology leader Xiaomi, an internet company with smartphones and smart hardware connected by an IoT platform at its core, and NTT DOCOMO, INC., a leading telecommunications company engaged in the research and development of mobile network and service technologies, have entered into an agreement granting Xiaomi a worldwide license to NTT DOCOMO’s cellular wireless standard essential patents.
“Xiaomi recognized the value of a license to NTT DOCOMO’s cellular wireless standard essential patents,” said Mr. Tadanobu Ando, General Manager of Intellectual Property Department at NTT DOCOMO. “Xiaomi’s sophisticated IP team was professional and appreciated the continued investment by NTT DOCOMO in innovation”, he said.
“The NTT DOCOMO team demonstrated the value to Xiaomi of taking a license to NTT DOCOMO’s cellular wireless standard essential patents on FRAND terms,” said Paul Lin, Vice President of IP Strategy at Xiaomi. “Xiaomi is very willing to take a license to quality SEP patent portfolios on fair and reasonable terms to help continue to bring the best user experience to our customers,” Mr. Lin added.
Xiaomi Corporation was founded in April 2010 and listed on the Main Board of the Hong Kong Stock Exchange on 9 July, 2018 (1810.HK). Xiaomi is an internet company with smartphones and smart hardware connected by an IoT platform at its core. With the vision of being friends with its users and being the “coolest company” in the hearts of its users, Xiaomi is committed to continuous innovation, with an unwavering focus on quality and efficiency. The company relentlessly builds amazing products with honest prices to let everyone in the world enjoy a better life through innovative technology. Xiaomi is currently the world’s fourth-largest smartphone brand. Currently, Xiaomi products are present in more than 70 countries and regions around the world and have a leading foothold in many markets.
About NTT DOCOMO
NTT DOCOMO, Japan’s leading mobile operator with over 76 million subscriptions, is one of the world’s foremost contributors to 3G, 4G and 5G mobile network technologies. Beyond core communications services, NTT DOCOMO is challenging new frontiers in collaboration with a growing number of entities (“+d” partners), creating exciting and convenient value-added services that change the way people live and work. Under a medium-term plan toward 2020 and beyond, NTT DOCOMO is pioneering a leading-edge 5G network to facilitate innovative services that will amaze and inspire customers beyond their expectations. NTT DOCOMO is listed on the Tokyo Stock Exchange (9437). Please visit https://www.nttdocomo.co.jp/english/corporate/technology/ipr/
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