The core patent still expires in one year! Where does Netac Technology heavily rely on this patent?

Gathering micro-network news, Shenzhen Langke Technology Co., Ltd. disclosed in the latest financial report of 2018, the company's core basic invention patent 'flash electronic storage method and device for data processing system' (Patent No. : CN99117225.6) has only expired for more than 1 year, and the patent operation business of Netac Technology has formed a major reliance on this patent. At present, there are no effective measures to fundamentally solve the risks caused to the company's operations after the expired patent expires. .

It is worth noting that Netac Technology has recently issued an announcement (this bulletin has been attached at the end of this article) that Netac Technology sued Beijing Spiral Information Technology Co., Ltd. (hereinafter referred to as 'rotary pole information') etc. in Shenzhen Intermediate People's Court. The unit violates its patent right for invention, and the patent involved is the core basic invention patent referred to above.

According to the lawsuit request, Shenzhen Langke Technology Co., Ltd. requested the defendant to rotate the information, to achieve 100% interest in the company, Baiwang Jinfu, Shenzhen Baiwang and Beijing Baiwang immediately stopped infringing its patented inventions. However, it is not limited to the act of manufacturing/using/selling/promising sale of the alleged infringing product 'TCG-01 tax control panel'; requiring the five defendants to compensate the plaintiff for the economic loss of RMB 10 million, and the reasonable expenses paid by the plaintiff to stop the infringement. RMB 500,000.

At present, the Shenzhen Intermediate People's Court has formally opened the case for this case ((2018) Yue Min Min Zu 1661), but it has not yet entered the proceedings.

Netac Technology sues polar information for the same technology for the second time

It is worth noting that this is the second time that Netac Technology has initiated patent infringement lawsuits on the same technology for polar information.

On May 15, 2012, Netac Technology formally filed a lawsuit with the Nanning Intermediate People’s Court of Guangxi Zhuang Autonomous Region in anticipation of the polar information of the listed company, and the three defendants of Agricultural Bank of China Co., Ltd., Agricultural Bank of China Beihai Industrial Park Branch and other companies infringed Netac Technology. The invention patent right required the three defendants to immediately stop the infringement and compensate the company for economic losses of RMB 60 million.

In June 2015, the patent infringement case finally reached its first instance verdict. Netac Technology sued the first-instance verdict of infringement of polar information, and the polar information should compensate Lanke Technology’s economic loss of 40 million yuan. In response, the polar information indicates that it will Exercise the right to appeal.

The patent involved in the case will expire in one year

According to the micro-grid network, Shenzhen Langke Technology, established in May 1999, was established by returned overseas students. It is a provider of global flash memory and flash memory applications and solutions. In January 2010, it was listed on the A-share Growth Enterprise Market. Successfully listed, known as 'China Mobile's first stock'.

As of March 31, 2018, Netac Technology had a total of 325 patents and patent applications. The company had a total of 302 authorized patents, of which 264 were invention patents, and 23 applications for invention patents had not yet been authorized.

Since its inception, the patented profit model is one of Netac's important business models. Even the industry's views on Netac are often inseparable from the impression that 'the most prosecution and reliance on lawsuits'.

According to Netac Technology's disclosure, since 2002, Netac Technology has gradually and systematically implemented a patent rights protection strategy on a global scale, and has maintained patents of the company through patent litigation, negotiation, etc. As of June 30, 2017, Netac Technology Co., Ltd. There are 25 lawsuits or disputes, of which 23 are patent litigations or disputes.

In addition, the application date of the core basic invention patent of Netac Technology 'flash electronic storage method and its device for data processing system' (patent number: CN99117225.6) was November 14, 1999, which was only more than one year. It is due to expire, and the patent operation business of Netac Technology forms a major reliance on this patent. Netac Technology said in its latest financial report for the first quarter of 2018 that there are no effective measures to fundamentally resolve the patent after the expiration of the patent. Business risk.

Up to now, because the above patents were alleged by Netac Technology, the infringing companies also include: Weigang Technology (Suzhou), Shenzhen Yuhuan Universal Electronics, Guangzhou Youtop Digital Technology, Hangzhou Alibaba Advertising Co., Ltd., Micron Consumer Products Division, Beijing Jingdong Lu Xide Electronic Commerce Co., Ltd., Shenzhen Jiahe Yimei Electronics, Shenzhen Express Horse Ticker, Jingcheng Technology Electronics (Dongguan), Saifune (Beijing), etc.

Attachment: Netac Technology: Announcement on the Prosecution of Infringement of the Company's Invention Patent Right by Units such as Beijing Xuanji Information Technology Co., Ltd.

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