dynamic wealth management: September 2011

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The patent row between HTC Corp (???) and Apple Inc has escalated as the Taiwanese firm filed a new lawsuit against its archrival on claims that it violated HTC’s patents with iPhones, iPads, iPods and Mac computers.
HTC is seeking unspecified damages and a ban on the use of three patented technologies by Apple.
The Taiwanese firm, the world’s No. 5 smartphone brand, filed a complaint with the US International Trade Commission (ITC) and the US District Court of Delaware for patent infringements, the company said in a statement yesterday.
“We are taking this action against Apple to protect our intellectual property, our industry partners, and most importantly our customers that use HTC phones,” HTC general counsel Grace Lei (???) said in the statement. “This is the third case before the ITC in which Apple is infringing our intellectual property. Apple needs to stop its infringement of our patented inventions in its products.”

The patents at dispute cover a range of functionality in Apple’s Mac computers and mobile devices that are essential to the user experience, the statement said.
These include Wi-Fi capability that allows users to wirelessly network multiple devices at home, at work or in public; and processor communication technology that enables the seamless integration of a personal digital assistant and a cellular phone into a single device providing users with a true smartphone experience, it said.
HTC and Apple have tangled in a spate of lawsuits going back to March last year.
Apple filed its latest complaint against HTC with the ITC and District Court in Delaware last month in connection with five cases linked to the technology used in iPads and iPhones.
A few days later, the ITC gave an initial ruling on March last year’s case, finding that HTC had infringed upon two patents belonging to Apple — a verdict that HTC has said covered “two minor patents.”
The ITC will make a final ruling in December and HTC is expected to reach a settlement with Apple by then, or in the worse case face a ban to stop selling its smartphones in the US.
Apple has sued many rivals, including HTC and Samsung Electronics Co, over patent infringements in several countries. It has also been countersued by rivals.
HTC chief financial officer Winston Yung (???) said on Monday that the company has provisions set aside for the lawsuits.
He also reiterated CEO Peter Chou’s (???) views that the litigation was merely a “disturbance” on the company’s road to greater success, and that investors could be assured that HTC would not be put in a “dangerous situation.”
“We are fully prepared for any scenario,” Yung said.

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Friday, September 9, 2011

Dynamic Wealth Management Headlines: HTC files another lawsuit against Apple

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