Subscribe & Follow

Advertise your job vacancies

LG pledges action against patent suit by Sony

30 Dec 2010

SEOUL, SOUTH KOREA: LG Electronics said on Thursday, 30 December 2010, it would "actively respond" to a lawsuit filed by Japan's Sony that seeks to block mobile phone shipments to the United States by the South Korean firm.

Sony has filed a patent infringement complaint claiming LG's mobile phones sold in the United States had used its technologies without permission.

LG, the world's third-largest mobile phone maker, said it would take action after reviewing the technologies.

Spokeswoman Na Joo-Young said: "Based on results of our review, we will take action and actively respond" to Sony's move.

Ban imports

Sony has filed a complaint with the US International Trade Commission, which can ban imports of products found to violate US patents, and also with a federal court in Los Angeles, which has the power to impose fines.

Sony's mobile phone joint venture, Sony Ericsson Mobile Communications, is the world's sixth-largest mobile phone maker.

Sony is also the world's third-largest TV maker.

LG's mobile phone business has been under heavy pressure due to its slow response to the fast-growing popularity of smartphones.

Chief executive Nam Yong resigned in September after the mobile phone business stumbled.

LG's third-quarter net profit plunged 99% year-on-year to 7.57 billion won (US$6.6 million).

Source: I-Net Bridge

For more than two decades, I-Net Bridge has been one of South Africa’s preferred electronic providers of innovative solutions, data of the highest calibre, reliable platforms and excellent supporting systems. Our products include workstations, web applications and data feeds packaged with in-depth news and powerful analytical tools empowering clients to make meaningful decisions.

We pride ourselves on our wide variety of in-house skills, encompassing multiple platforms and applications. These skills enable us to not only function as a first class facility, but also design, implement and support all our client needs at a level that confirms I-Net Bridge a leader in its field.

Go to: http://www.inet.co.za