Patent Newz Box

Seoul feared to face Patent Tax from US firms

The Seoul Administrative Court ordered the National Tax Service to return US$1.84 million in taxes on patent royalties. The report says, the South Korean payments of Patent royalties came to about 23.5 Trillion. Click here to know more

Jawbone Says Fitbit Drops Patent Challenge

Fitbit has dropped its patent case against fitness tracker competitor Jawbone, but Jawbone will still pursue a trade secret case against Fitbit, the company said on Saturday. Click here to know more

Qualcomm, most Fined Company in Smartphone Business

South Korea Fines Qualcomm $854M for Antitrust Violation. Along with the $854 million fine, the KFTC is also ordering Qualcomm to change their business practices to put an end to their illegal behavior. Click here to know more

Gionee licenses Qualcomm patents

Qualcomm has entered into a new 3G and 4G Chinese patent license agreement. The royalties to be paid are based on Qualcomm’s settlement with China’s National Development and Reform Commission. Click here to know more

BioPorto’s strengthened Patent Portfolio

A licensing agreement that covers a wide range of NGAL Patents and applications is being signed by BioPorto. This is said to strengthen the existing Patent portfolio of NGAL. Click here to know more

Umicore infringing BASF patents

Umicore has infringed upon BASF’s and Argonne National Laboratory Patents. A complete ban on the import of Umicore’s infringing nickel-manganese-cobalt battery cathode materials to the United States. Click here to know more

Nokia Hits Apple With Patent Suits

It includes 32 Patents in the lawsuit, which cover a range of technologies including display, user interface (UI), software, antenna, chipsets and video coding. Apple has been at the center of several patent infringement lawsuits over the years. Click here to know more

Multi-Billion Dollar Patent expires in 2017

Amazon was granted a Patent for 1-Click in 1999. The only other retailer allowed to use 1-Click system is Apple Inc.This technology expires in 2017, and it’s likely we’ll see a lot of online stores adopting similar. Click here to know more

Merck Punished Gilead on Patent Infringement

Gilead has been ordered to pay $2.54 billion for infringing two blockbuster hep C drugs as the infringement was found to be willful. The settlement was calculated as 10 percent of the drugs’ combined sales of $25.4 billion. Click here to know more

Strengthened IP Portfolio of TxCell

TxCell has been granted an exclusive worldwide license to two patent families. It’s unparalleled patent portfolio is composed of 16 patent families owned or co-owned by TxCell, including over 150 issued patents. Click here to know more