Both parties will also form closer long-term relationships to facilitate building support for the Chinese government's IPR protection efforts which, in turn, promote technology independency, innovation, and development. Mr. Lawrence Horn, Manager and CEO of MPEG LA, attended the ceremony. Officials from the Department of Economical Operation of Ministry of Commerce (MII) were the guests of honor.
"MPEG LA appreciates the Chinese government's consistent IPR protection endeavor. MPEG LA will continue to share its one-stop licensing model and worldwide experience with China to assist in commercializing China's technology innovation and maximizing return on IPR. MPEG LA looks forward to the adoption of MPEG LA's model also as China's model and to serving China's IPR owners in that capacity," said Horn. "MPEG LA believes that IPR protection is a shared responsibility among all nations that calls for mutual understanding and cooperation. It has become increasingly important when China is looking to expand its market."
CAIA member companies who sign the MPEG-2 Patent Pool License will receive coverage under more than 795 MPEG-2 essential patents owned by 24 Licensors in 57 countries, including China. The signing of the MOU will facilitate adoption of the patent pool license by Chinese companies, and further establish China's independent patent pool model.
Currently MPEG LA's licenses portfolios consisting of essential patents in some 57 countries. Among MPEG LA's licenses is one for MPEG-2 digital video compression that has helped produce the most widely employed standard in consumer electronics history. MPEG LA has offices in Denver, Metropolitan Washington DC, London, Tokyo and Shanghai. For more information, please refer to http://www.mpegla.com