Parkervision Stock Price, News & Analysis

ParkerVision, Inc. (OTCQB:PRKR) announced favorable claim construction recommendations from the Special Master in its patent infringement cases against Hisense and TCL. The recommendations align with ParkerVision's proposals for 20 out of 23 disputed terms, similar to previous rulings in the ParkerVision vs Intel cases. This marks ParkerVision's third successful Markman hearing in the Western District of Texas this year. The company aims for a fair resolution with Hisense and TCL, having previously settled with Buffalo and Zyxel through licensing agreements.

ParkerVision, Inc. (OTCQB:PRKR) emphasizes the need for aggressive policies to address the ongoing semiconductor chip shortage affecting various industries, particularly automotive and consumer electronics. The company highlights the shift of chip production from the US to Asia over the past two decades, exacerbated by the COVID pandemic. CEO Jeffrey Parker advocates for new incentives to revive US chip manufacturing and product design, which will boost American jobs. A study from the Georgetown CSET supports funding for US semiconductor factories and public-private partnerships for R&D.

ParkerVision highlights the critical role of its patented wireless technologies during the COVID-19 pandemic, enabling remote work through improved communication tools. Since the 1990s, ParkerVision has developed Energy Transfer Sampling technologies, also known as Direct to Data (D2D), which enhance the performance of RF chips used in smartphones and other devices. The company emphasizes its commitment to innovation and the importance of wireless communication in modern society. ParkerVision continues to engage in patent enforcement to protect its intellectual property rights.

ParkerVision, Inc. (OTCQB:PRKR), a developer of radio frequency technologies, has resolved its patent infringement litigation against Zyxel Communications on mutually agreeable terms, including a patent license. This agreement allows ParkerVision to terminate the proceedings initiated in October 2020 concerning Zyxel's use of WiFi chips. The proceeds from this resolution will fund legal expenses. CEO Jeffrey Parker expressed optimism about securing additional licenses for their technologies in the future, highlighting the ongoing patent enforcement actions against other companies, including Intel and LG.

ParkerVision reported a second-quarter net loss of $4.4 million, or $0.06 per share, up from a $3.6 million loss in Q2 2020. The first half of 2021 saw a 40% reduction in net loss to $6.9 million, thanks to lower litigation expenses. The company received a favorable Markman ruling in its infringement case against Intel, splitting the first trial into two scheduled for 2022. Additionally, a patent license agreement was reached with Buffalo, and a new complaint was filed against LG Electronics. ParkerVision aims to clarify patent rights through ongoing litigation.

ParkerVision, Inc. (OTCQB:PRKR) announced a favorable outcome in its patent infringement case against Intel, with the U.S. District Court for the Western District of Texas concluding its Markman hearings. The court ruled in favor of ParkerVision's claim constructions for most terms in dispute, reinforcing the company's confidence in proving patent validity and infringement. This marks the second favorable ruling this year against Intel, following a similar decision in January. ParkerVision is also pursuing pending actions against additional companies, including TCL and LG.

ParkerVision, Inc. (OTCQB:PRKR) announced the successful resolution of its patent infringement litigation against Buffalo, Inc. on confidential terms, including a patent license. This litigation, initiated in October 2020, pertained to Buffalo's use of WiFi chips. ParkerVision will file a motion to terminate proceedings in Texas, and proceeds will cover legal expenses. The company's chairman emphasized a commitment to innovation, highlighting over $100 million in R&D investment underpinning its wireless technologies now embedded in billions of chips across various applications.

ParkerVision, Inc. (OTCQB:PRKR) announced its financial results for Q1 2021, reporting a net loss of $2.5 million, a significant decrease from $7.9 million in Q1 2020. The reduced litigation expenses contributed to this improvement. ParkerVision raised $5.6 million through the sale of debt and equity securities in the quarter. The company is actively pursuing infringement cases against Intel, Qualcomm, and others, with upcoming trial proceedings scheduled. CEO Jeffrey Parker expressed optimism about the ongoing legal efforts and the company’s strengthened balance sheet.

ParkerVision, Inc. has reported its financial results for 2020, noting a net loss of $19.6 million, or $0.42 per share, compared to $9.5 million in 2019. The company continues its legal battles, including a favorable ruling in its infringement case against Intel, and is seeking $1.3 billion in damages from multiple entities, including Qualcomm. In Q1 2021, ParkerVision raised $5.6 million through debt and equity sales, improving its liquidity position. The company aims to refocus on innovation after ongoing patent enforcement issues that have hindered development.