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Lenovo Says UK High Court Rules In Its Favor In Ongoing Litigation With InterDigital
(RTTNews) - PC and mobile maker Lenovo Group Ltd. (LNVGY.PK) announced Thursday that the UK High Court has ruled in Lenovo's favor in the ongoing litigation with InterDigital regarding license rates for 3G, 4G, and 5G patents.
This judgment reinforces the company's continued commitment as a willing licensee and validates the license rate Lenovo advocated for.
This is a landmark decision of a Court establishing a modern global FRAND (Fair, Reasonable, and Non-discriminatory) rate for Standard Essential Patents (SEP).
The Court's analyzed the cellular patent licensing history between InterDigital and others, supporting its determination that InterDigital's global cellular royalty rate should be $0.175 per unit.
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Lenovo Recalls USB-C Laptop Power Banks
Chinese PC and mobile maker Lenovo Group is recalling USB-C laptop power banks citing risk for fire, the U.S. Consumer Product Safety Commission said. About 2,850 units were sold in the United States and about 510 units were sold in Canada. The recall involves the Lenovo USB USB-C Laptop Power Bank with model number PBLG2W.
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591 days ago
Global PC Shipments Drop In Q1, Apple Lost More: IDC
Worldwide shipments of personal computers or PCs declined 29 percent in the first quarter, hit hard by weak demand, excess inventory, and a worsening macroeconomic climate, according to research firm IDC. Apple was the biggest looser, with its Mac shipments showing around 40.5 percent drop from the same period last year. Among the world's largest computer makers, Lenovo, HP, Dell, and ASUS also...
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817 days ago
FTSE 100 Trades Below The Flatline
Persisting tensions on the trade front and growing concerns over U.K.'s fiscal outlook dampened sentiment and dragged down the FTSE 100 to negative territory.
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54 minutes ago
Domino's Pizza's Online $9.99 Offer Of Any Pizza With Any Toppings On July 7- Aug. 3
Domino's Pizza Inc., the largest pizza company in the world, announced its "Best Deal Ever' promotion, offering any pizza with any toppings for $9.99 each when they order online between July 7 and August 3. Domino's $9.99 deal includes Hand Tossed, Handmade Pan, New York Style, Gluten Free and Crunchy Thin Crust, as well as an assortment of sauces and toppings.
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1h 0min ago
CAC 40 Gains Amidst Trade Jitters
Despite trade related uncertainties, the CAC 40 benchmark that tracks the 40 largest French stocks based on the Euronext Paris has gained more than a quarter percent on Tuesday.
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1h 24min ago
Eurozone Retail Sales Drop For First Time In 5 Months; Services Output Fall
Euro area retail sales decreased for the first time in five months and services production declined in May, suggesting a slowdown in the second quarter. Retail sales logged a monthly fall of 0.7 percent in May, reversing April's 0.3 percent increase, Eurostat reported Monday. Sales were expected to drop 0.8 percent.
Another data from Eurostat showed that services production decreased 0.3 percen
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2h 7min ago
U.S. Dollar Rises Against Majors
The U.S. dollar strengthened against other major currencies in the European session on Monday.
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2h 52min ago
Cautious Optimism Lifts DAX
The DAX benchmark that tracks the performance of the 40 largest companies listed on the Frankfurt Stock Exchange is trading in the green zone on Monday amidst a mood of cautious optimism.
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3h 11min ago
