In February last year, Waymo, a standalone self-driving company, was split from Google's parent company Alphabet to sue Uber for stealing its trade secrets and intellectual property, after stubborn Uber ended up with Waymo after a yearlong lawsuit, Settlement agreement, and the Series G shares (equivalent to approximately 245 million U.S. dollars) as a settlement price, and Uber can not use any of Waymo's hardware or software trade secrets.
In China, Wang Jin, the founder and CEO of Kingco Technology, sued in December last year, is another dispute over the intellectual property rights in the field of automatic driving, which is also called "the first case of China's automatic driving" by the media.
However, this lawsuit lasted only 2 months later, there is news that Wang Jin will leave his King Chi founded his hands.On the outside world have speculation Baidu unmanned lawsuit will be 'Jing Wang King Technology from technology' At the end of the day, the self-driving startup gave us a go-ahead - joining the Baidu Apollo platform.
March 5, King Chi Technology was officially exposed to Baidu Apollo open platform to become Apollo partners, the two sides will cooperate in the future, and actively promote the development of automatic driving industry.
For Baidu Wang Jin and withdrawal of King Chi? Baidu official told reporters that Baidu did not withdraw Wang Jin, after Baidu had disclosed the details of the proceedings with Wang Jin, litigation has now entered the legal process, inconvenience to further disclose the news. Whether the withdrawal of King Chi, Baidu said that at present has initiated the withdrawal of King Chi, the final court outcome prevail.
Recall Baidu prosecutors before staff Jin Wang and King Chi Technology:
December 22, Baidu prosecutors former employees Wang Jin and Wang Jin founded unmanned vehicle King Technology, claim 50 million yuan.
Baidu asked the court to order the two defendants to immediately stop infringing on Baidu's trade secrets, including not only ceasing to use the trade secrets to engage in auto driving related businesses competing with Baidu and ordering the two defendants to jointly compensate for their economic losses and a reasonable expense of 5000 Million, while the two defendants publicly announced to eliminate the impact, and bear the full cost of litigation.
However, Jingchi Technology responded to the matter by saying that Baidu's prosecution has no basis at all and our lawyers will respond to the factual and legal aspects. Technology, has now become the undisputed leader in China's driverless technology.As an innovative start-up company, we fear the size of competitors, such challenges will not delay the pace of our development. Jingchi headquarters is about to move Back to China, we will show our technical strength in China in two weeks.
Public information shows that on April 15, 2010, Wang Jin joined Baidu as vice president of Baidu Technology and was promoted to Baidu's senior vice president in December 2013. On March 1, 2017, Baidu announced the establishment of an intelligent driving group through internal mail Group, Lu Qi, president and chief operating officer of Baidu Group, concurrently serves as general manager and announced that Wang Jin ceased to be the general manager of autonomous driving department for personal reasons.
Subsequently, Wang Jing founded Jing Technology and raised a total of USD 52 million in two rounds in just six months, with Qiming Ventures Capital Partners, NVIDIA GPU Ventures, CRE Capital and some institutions and individuals participating in the investment. Under the leadership of Wang Jin, Jingchi Technology has successively completed the two major tasks of setting up a global headquarters in the Guangzhou Development Zone of Huangpu District and launching pilot projects of unmanned normalization.
However, at the end of February 2018, there was also a news report that the original CTO Han Xu will take over as a result of the lawsuit case where founder Wang Jin resigned from King Technology and formally confirmed the appointment of a new CEO, Han Xu, today Chi technology joined Baidu Apollo, the story reversed so fast that everyone speechless at the same time this cooperation can not help but make people guess, Baidu, King Chi technology unmanned vehicle lawsuit will be like Uber and Waymo once again staged hands-on speech.