The Texas jury said ZTE's tort was intentional and that the jury decision could have a significant effect on the judge's final verdict, which resulted in a fine increase of three times times the original. It is understood that Maxell, a Hitachi company, sued ZTE in November 2016 for a Texas court in the United States.
Maxell companies believe ZTE violated its 8 U.S. patents, mainly related to smart phone power-saving control, camera function, navigation and audio decoding and other fields, most of which belong to the application of smart phone technology patents.
However, ZTE in the photo-related features of the appearance of patent infringement Maxell patent suspected, this time, the United States lawsuit, ZTE was defeated. Although the US side said today that it has loosened its ban on ZTE, ZTE and the United States have reached an agreement to pay more than 1 billion of dollars in fines and restructure the top brass. ZTE has completed the opening of senior personnel adjustments and fine accounts in accordance with the agreement.
Since the impact of the ban, ZTE has been stagnant for several months, the share price has fallen to 57%, although ZTE yesterday strong performance, but the Maxell infringement case, undoubtedly the current state of ZTE is worse. The lawsuit against ZTE Infringement Maxell | Need to pay 43.3 million dollars