BARCELONA, Spain - Tuesday, March 15th 2016 [ME NewsWire]
(BUSINESS WIRE)-- Fractus, S.A., based in Barcelona, announced that it has entered into a worldwide patent license agreement with one of the major mobile phone manufacturers from Japan.
Global sales of smartphones to end users totaled 403 million units in the fourth quarter of 2015, a 9.7 percent increase over the same period in 2014, according to Gartner, Inc.*
Asian cellphone manufacturers will continue to gain market share during 2016 as they rapidly expand outside their home markets.
“We are delighted to enter into this license agreement since it reinforces our presence in Asia and it recognizes Fractus as a unique technology developer in the field of antennas”, said Ruben Bonet, President & CEO of Fractus.
Fractus is a world leader in antenna technology and IP licensing, with more than 120 patents and patent applications worldwide. Its intellectual property and patent portfolio is widely recognized within the industry with licensees including major device manufacturers such as Samsung, LG, HTC, Blackberry, Motorola, Sanyo and Sharp.
*Gartner Press Release, Gartner Says Worldwide Smartphone Sales Grew 9.7 Percent in Fourth Quarter of 2015, February 18, 2016, http://www.gartner.com/newsroom/id/3215217
About Fractus
Fractus is an early pioneer in developing internal antennas for smartphones, tablets and other wireless Internet of Things devices and holds an intellectual property rights portfolio of more than 30 inventions protected through over 120 patents and patent applications in the United States, Europe and Asia. Among the numerous awards and honours the company has received for its innovative work, Fractus was named a 2005 Davos World Economic Forum Technology Pioneer and one of Red Herring’s top innovative companies for 2006. It also won the 2004 Frost & Sullivan Award for technological innovation and the 2010 National Communication Award of the Catalan Government in the telecommunications category. A team of Fractus inventors was finalist for the EPO European Inventor Award 2014. On November 2015, Fractus was awarded Academiae Dilecta by the Spanish Royal Engineering Academy. For further information, visit www.fractus.com
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