Nokia Oyj sued rival mobile phone maker HTC Corp (宏達電) for selling products in the US, including the HTC One handset, that allegedly infringe three of its patents.
The three patents pertain to “terminal, method and computer program product for interacting with a signaling tag,” according to the complaint Nokia filed on Thursday in federal court in San Diego.
The Espoo, Finland-based company seeks a court order halting the alleged infringement and unspecified damages.
Nokia, which lost its 14-year title as world’s biggest seller of mobile phones to Samsung Electronics Co in 2011, is trying to expand revenue from its patent portfolio.
The company last year sued HTC in the US and in Germany over alleged patent infringements.
“Upon receiving the official document, HTC is to consider all legal options to protect our rights,” the Taiwanese company said in an e-mailed statement yesterday.
Shares of HTC fell 1.24 percent to close at NT$279 yesterday.
Separately, HTC became the best-selling mobile phone brand in Taiwan last month, accounting for a 30.6 percent market share, thanks to continued brisk sales of its popular 5-inch Butterfly phone and smoother production of its flagship HTC One, an HTC official said yesterday.
Samsung was in second place with a market share of 26.7 percent last month, the official said, citing figures from an authoritative market research firm.
Samsung’s new flagship model the Galaxy S4 did not hit local store shelves until late last month, which might have been a major factor behind the company’s drop to second place, market analysts said.
Sony Corp of Japan was third, securing an 18.4 percent share of overall handset sales in Taiwan last month, while the US-based Apple Inc was fourth with a 10.1 percent share.
Another Taiwanese manufacturer, Asustek Computer Inc (華碩), ranked fifth, with a 2.1 percent share.
Softbank Group Corp plans to keep a stake in the chip designer Arm Ltd, even if it sells a partial interest to Nvidia Corp, the Nikkei reported. The companies are negotiating terms, the newspaper reported, citing sources. Softbank might take a stake in Nvidia after it buys Arm, the report said. Nvidia and Arm might also merge through a share swap, and Softbank would become a major shareholder in the combined company, it said. The two parties aim to reach a deal in the next few weeks, the sources said, asking not to be identified because the information is private. Nvidia is the
END TO SPECULATION: The hotel’s management contract has been extended, despite reports that it wanted to end its alliance with Hyatt Hotels over a deal with Riant Capital Singapore-based Hong Leong Hotel Development Ltd (豐隆大飯店股份) yesterday said it has extended a management contract to ensure the continued presence of the Grand Hyatt brand in Taipei, ending rumors that the two sides were parting ways. “We are pleased Hyatt is able to come to terms on the extension of the management contract of Grand Hyatt Taipei,” said Kwek Leng Beng (郭令明), executive chairman of City Developments Ltd (城市發展) and Millennium & Copthorne Hotels Ltd (千禧國敦酒店). Hong Leong Hotel Development is a subsidiary of Millennium, and both fall under the Hong Leong Group (豐隆集團). The Grand Hyatt Taipei (台北君悅大飯店), owned and built by
Gold surged to a fresh record on Friday, fueled by US dollar weakness and low interest rates, while silver headed for its best month since 1979. Spot bullion is up more than 10 percent this month, as US real yields lingered near record lows. While the ferocity of rallies in gold and silver cooled in the middle of the week, most market watchers predict there might be more gains ahead. Both metals have added about 30 percent this year, with gold and silver exchange-traded funds boosting holdings to a record, as concern about the fallout from the COVID-19 pandemic fuels demand for
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