August 28, 2012

The next major patent skirmish is already here

So-called LTE networks promise to dramatically speed up the mobile Internet. Too bad patent squabbles may muck things up.

FORTUNE -- As dramatically shown in Apple and Samsung's epic legal conflict, patents have become the new currency among tech giants. Dull-sounding legal instruments have become all-important, not necessarily because of their financial worth but for their strategic and marketing value. Simply put, patents are a means to gaining a competitive advantage.