Xiaomi Sued For Alleged Patent Infringement Ahead of Blockbuster IPO (reuters.com) 23
An anonymous reader shares a report: Chinese smartphone maker Coolpad said its unit has sued three group firms of Xiaomi, which last week filed for a Hong Kong IPO that could be worth up to $10 billion, for patent infringement. Coolpad said in a statement late on Thursday its subsidiary, Yulong Computer Telecommunication Scientific (Shenzhen) filed a lawsuit against Xiaomi Telecom Technology, Xiaomi Technology and Xiaomi Factory in a court in Jiangsu province for using its patent without authorization. Yulong demanded that the Xiaomi companies should immediately stop production and sale of some smartphone models, including the Mi MIX2, Coolpad said.
With a name that sounds like “Sue Me” (Score:1)
Re:With a name that sounds like “Sue Me& (Score:2)
Xiaomi is pronounced "Shau-mi"
Blockbuster? (Score:4, Funny)
Isn't it a little late for a video rental chain to have an IPO?
Re: (Score:2)
Isn't it a little late for a video rental chain to have an IPO?
You beat me to it, that's startling news!
Re: (Score:2)
That and I think Blockbuster went IPO the same day RedHat did.
Re: (Score:2)
That and I think Blockbuster went IPO the same day RedHat did.
They need a second IPO to raise funds to meet demand generated by the recent Retro VHS craze. Tapes flying off the shelves faster than the trucks can bring them in. :Kappa
Not much detail (Score:4, Interesting)
The linked article doesn't have much detail: "Coolpad has alleged that Xiaomi violated its patented multi-simcard design and other technology related to user interface.". :) Definitely best phone I've ever had (OK, best Android phone, I still have a soft-spot for the Meego/Maemo Nokia N9) - and far from the most expensive! Oh, and the first Xiaomi that supports all T-Mobile LTE bands, so works great even when I visit the US.
It does seem like a last ditch effort of a failing company though "Coolpad shares have been suspended since March 2017. It has been unable to report its 2017 annual result on time and only just filed its 2016 annual report last month after repeated delays due to audit problems.". I already went further than usual by RTFA, so won't attempt to find better sources...
I doubt it is something of merit that would cause a problem, but at least I have my Mi Mix 2
A Chinese company suing for patent infringement? (Score:4, Insightful)
Re: (Score:1)
I think it would be hipocracy if they were suing an american company, but they are not. China is big enough and has accrued enough wealth that it doesn't haven't to care about American companies, and in spite of political differences I don't see why anyone could blame them. China is starting to compete with itself in this sector... and that's when patent systems light up, for better or worse.
Xiaomi (Score:3)
Xiaomi the way to go home
I'm tired and I want to go to bed
I had a little drink about an hour ago
And it's gone right to my head
Wherever I may roam
On land or sea or foam
You can always hear me singing this song
Xiaomi the way to go home.
Modern China... (Score:2)
On the subject, I'm a bit curious to know how patent infringement cases go in China... hard to wrap my head around.
I mean, up until decades or years ago that basically didn't exist, did it?
I'm not sure if it's the case on this one, but if it's patent trolling, how would something like this go in China?
I'm not sure if it's following a western/US model, or if things could be different.
In Brazil it follows mostly a western model, but I think this should change at some point. Patent trolls should be automatical