South Korea's tech giant Samsung Electronics Co. said Thursday it has emerged as the top holder of standard-essential patents related to long-term evolution and LTE-Advanced technologies.
Citing data compiled by the Taiwan-based Intellectual Property Office, Samsung said it took up 17 percent of the world's standard essential LTE-related patents, outpacing major global rivals.
Standard-essential patents refer to major technologies that are vital in producing standardized products.
"Samsung's possession of essential LTE and LTE-A patents reflect the company's effort to develop technologies in the mobile industry," Samsung said in its official blog. "We have established strong grounds in the fourth-generation mobile market."
LG Electronics Inc., Samsung's smaller South Korean rival, and U.S. Qualcomm Inc. followed by garnering 14 percent each, trailed by Ericsson, Nokia and NTT DoCoMo Inc., which all clinched 5 percent.
China-based Huawei Technologies Co., one of Samsung's major rivals in the Chinese market, held 3 percent. Pantech Co., a cash-strapped South Korean handset maker that faces liquidation, took up 1 percent.
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