ACCESSWIRE
23 May 2023, 21:19 GMT+10
JACKSONVILLE, FL / ACCESSWIRE / May 23, 2023 / ParkerVision, Inc. (OTCQB:PRKR) announced today that it has filed complaints in the Western District of Texas against Texas Instruments ('TI') and NXP Semiconductors ('NXP'), for the infringement of four of its U.S. patents. The complaints request jury trials to determine, among other items, the financial damages for the unauthorized use of ParkerVision's wireless patented technologies in semiconductor chips used in automotive wireless applications, wireless infrastructure, and numerous other devices incorporating WiFi and Bluetooth wireless connectivity.
ParkerVision CEO Jeffrey Parker commented, 'TI and NXP are both global suppliers of wireless semiconductors that we believe broadly infringe on ParkerVision's patented wireless technologies. We believe the innovations covered by ParkerVision's patents have enabled more competitive and compelling products and we encourage TI and NXP to license ParkerVision's patented technologies to benefit from these advantages with authorization of the protected intellectual property.'
Mr. Parker continued, 'ParkerVision has invested hundreds of millions of dollars in R&D and marketing in its patented RF receiver, transmitter, and RF power transmitter technologies to enable ultra-small semiconductor chips to deliver high performance RF wireless communications for mobile telephone standards such as 3G, 4G, and 5G standards, WiFi communications, Bluetooth, Satellite communications and other wireless applications.'
About ParkerVision
ParkerVision, Inc. invents, develops and licenses cutting-edge, proprietary radio-frequency (RF) technologies that enable wireless solution providers to make and sell advanced wireless communication products. ParkerVision is engaged in a number of patent enforcement actions in the U.S. to protect patented rights that it believes are broadly infringed by others. For more information, please visit www.parkervision.com. (PRKR-I)
Safe Harbor Statement
This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Act of 1934, as amended. All statements, other than statements of historical fact, included or incorporated in this press release are forward-looking statements. The Company does not guarantee that it will actually achieve the plans, intentions or expectations disclosed in its forward-looking statements and you should not place undue reliance on the Company's forward-looking statements.
Forward-looking statements involve risks and uncertainties, and actual results could vary materially from these forward-looking statements. There are a number of important factors that could cause the Company's actual results to differ materially from those indicated or implied by its forward-looking statements, including those important factors set forth under the caption 'Risk Factors' in the Company's Annual Report on Form 10-K for the year ended December 31, 2022 and disclosures in the Company's Quarterly Report on Form 10-Q for the quarter ended March 31, 2023, filed with the Securities and Exchange Commission. Although the Company may elect to do so at some point in the future, the Company does not assume any obligation to update any forward-looking statement and it disclaims any intention or obligation to update or revise any forward-looking statement, whether as a result of new information, future events, or otherwise.
CONTACT:
Cindy French
Chief Financial Officer
cfrench@parkervision.com
Tony Vignieri
Communications Director
tvignieri@parkervision.com
SOURCE: ParkerVision, Inc.
Get a daily dose of Miami Mirror news through our daily email, its complimentary and keeps you fully up to date with world and business news as well.
Publish news of your business, community or sports group, personnel appointments, major event and more by submitting a news release to Miami Mirror.
More InformationWASHINGTON D.C.: The Pentagon said this week that the satellite communications service started by billionaire Elon Musk, SpaceX's Starlink, has ...
CHARLESTON, South Carolina: During a media tour this week at Boeing's facilities in Charleston, South Carolina, company CEO Dave Calhoun ...
MENLO PARK, California: Facebook parent company Meta Platforms has said it would remove news content in California if the state ...
BRUSSELS, Belgium: EU tech chief Margrethe Vestager has said that a draft code of conduct on artificial intelligence (AI) could ...
MOSCOW, Russia: After a turbulent 15 months of store closures and declining demand, Russian designers and brands are assisting the ...
WASHINGTON D.C.: The Federal Communications Commission (FCC) has said that more than 8.3 million US homes and businesses do not ...
TOKYO, Japan: To counter the declining national birthrate, Japan's Prime Minister Fumio Kishida pledged to double spending over the next ...
WASHINGTON D.C.: Reuters has reported that on 7th June, former Vice President Mike Pence will enter the race for the ...
PYONGYANG, North Korea: North Korea attempt failed to launch a satellite on May 31, which prompted raid sirens and a ...
HONG KONG, China: Describing the lack of women in China's top leadership as concerning, the United Nations has recommended the ...
BEIJING, China: Amid its rivalry with the US for reaching new milestones in space, reflecting their competition for global influence, ...
WASHINGTON D.C.: A Transportation Security Administration (TSA) report released this week revealed that over the Memorial Day weekend, the start ...