ParkerVision, Inc. develops and licenses proprietary radio-frequency technologies for wireless applications and markets technologies and products used in advanced wireless communication systems. Company news centers on its RF patent portfolio, licensing strategy, and U.S. patent enforcement actions, including appellate and district-court proceedings involving wireless-technology claims.
Recurring updates also include quarterly and year-end operating results, capital actions such as registered direct common stock offerings, and corporate developments tied to litigation funding, intellectual-property strategy, and governance. The company trades on the OTCQB under the symbol PRKR.
ParkerVision, Inc. (OTCQB:PRKR) has filed patent infringement complaints against Zyxel Communications and Buffalo Corporation in Texas. The lawsuits seek a jury trial to assess financial damages for the unauthorized use of ParkerVision's patented RF technologies in their wireless products. CEO Jeffrey Parker stated their commitment to protecting their innovations, while expressing hope for a resolution outside of court. ParkerVision's extensive R&D investment focuses on ultra-small semiconductor chips for various wireless communication standards, including 3G, 4G, 5G, and WiFi.
ParkerVision, Inc. (OTCQB:PRKR) filed a patent infringement complaint against Hisense Co., Ltd. and Hisense Visual Technology Co. Ltd. in the Western District of Texas. The lawsuit centers on ten patents related to wireless technologies allegedly violated by Hisense's TVs and products. ParkerVision is seeking financial damages through a jury trial. CEO Jeffrey Parker expressed a preference for a licensed agreement rather than litigation, while Ronald M. Daignault emphasized the significance of ParkerVision's technological innovations.
ParkerVision, a wireless technology developer, announced its Q2 2020 financial results, reporting a net loss of $3.6 million compared to $1.6 million in Q2 2019. The company also reported a first-half loss of $11.5 million, influenced by litigation expenses and noncash costs. The COVID-19 pandemic caused delays in patent infringement cases against Qualcomm, HTC, and Intel, but the court's temporary stay has been lifted, allowing preparations for a May 2021 trial. Significant litigation fees have increased by $1.5 million year-over-year.