Standard Essential Patents (SEPs)

Standard Essential Patents (SEPs) are patents that cover technology or inventions deemed essential to implement a specific industry standard, such as 4G or Wi-Fi. When companies develop devices that comply with these standards, they must use the patented technology. Because these patents are crucial for compatibility, patent holders are typically required to license them on fair, reasonable, and non-discriminatory (FRAND) terms. This ensures that different manufacturers can produce compatible products without infringing, fostering innovation and competition while respecting the rights of patent holders.