- Wholly owned subsidiary Semcon IP Inc. resolves all claims and disputes by and between Semcon IP Inc. and AsusTek Computer Inc. relating to Semcon’s Power Management Portfolio
- Semcon’s licensing program has seen significant activity in 2019 with additional cases pending
- Trading on the OTCQB and with patent licensing revenues for the nine-months ended September 30, 2019, of approximately $2 million, QPRC offers investors an exciting opportunity to participate in the IP monetization space
The Power Management/Bus Controller Portfolio, acquired by company Quest Patent Research Corp. (OTCQB: QPRC) from Intellectual Ventures in October 2015 and transferred to wholly owned subsidiary, Semcon IP Inc., consists of four United States patents that cover fundamental technology for adjusting the processor clock and voltage to save power based on the operating characteristics of the processor and one United States patent that relates to coordinating direct bus communications between subsystems in an assigned channel.
In May 2018, Semcon brought a patent infringement action in the United States District Court for the Eastern District of Texas against AsusTeK Computer Inc. for infringement of certain of the Power Management Portfolio, alleging that “Asus has infringed and is continuing to infringe the Patents-in-Suit by making, using, selling, offering to sell, and/or importing, and by…
NOTE TO INVESTORS: The latest news and updates relating to QPRC are available in the company’s newsroom at http://nnw.fm/QPRC
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