XpresSpa Group Inc (XSPA)

[postyle]

I believe that China doesn't necessarily "play fair" when it comes to IP, both on a manufacturing, licensing, and judicial level. We all remember last year's ruling by the Shenzhen Intermediate People’s Court that declared a FRAND rate that Huawei should pay IDCC should not be greater than 0.019% (no that's not a type, it's less than one-fifth of one percent).

But by the same token, I think we all need to be aware in telecom that the Chinese has spent decades developing its home grown versions of wireless standards (such as TD-SCDMA, for example). Equipment and devices manufactured to be compliant with these systems aren't going to intersect patent portfolios the same way as those made for vanilla CDMA2K, UMTS, and the other more widely standardized systems of Euro/Americas. So I could see how ZTE would want to, and probably would deserve, some consideration for its domestic offerings.