Foxconn dismisses Microsoft’s patent infringement lawsuit

Reader's Pick

Taiwan’s Foxconn on Tuesday responded to a patent infringement lawsuit filed against it by Microsoft Corp, saying as a contract manufacturer, it has never needed to pay royalties for the US giant’s software.

Microsoft filed the complaint against Foxconn subsidiary FIH Mobile Ltd in the Northern District of California on Friday. It is claiming unpaid royalties for patents used in devices for clients including a top Chinese smartphone vendor.

Foxconn founder and Chief Executive Terry Gou told an impromptu news conference in Taipei that “patent infringement” is not an issue for his group, which “will suffer almost no any loss” as a result of the lawsuit.

- Advertisement -

Foxconn “has never paid any patent fees to Microsoft,” Gou said.

Neither Microsoft nor FIH could be immediately reached for comment.

Foxconn, formally Hon Hai Precision Industry Co Ltd, rose to global prominence as assembler of Apple Inc’s iPhone.

It received notice of the lawsuit on Tuesday, said a person with direct knowledge of the matter, who was not authorised to speak with media and so declined to be identified.

Guo was “furious” and will fight back, the person said.

- Advertisement -

In a Facebook post earlier on Tuesday, Guo questioned why a software firm would not earn patent royalties from vendors that made use of software.

“They should not pick on manufacturers,” Guo said at the news conference.

Shares of both Hon Hai and FIH were up around 1 percent in afternoon trade, roughly in line with the benchmark share price index.

- Advertisement -

Read latest Business News and Startup news on TechGraph. Watch live and latest news on TechGraph TV. Follow us on Facebook or follow us on Twitter and Instagram. Listen audio news from TechGraph Briefings on Spotify, Google Podcast, Amazon Music & on Apple Podcast.
 

Krishna Mali
Krishna Mali
Founder & Editor of TechGraph.

Latest News

Promoted Links

Related Stories

Bank of Japan keeps monetary policy steady, brings new forward guidance on rates

The Bank of Japan kept its monetary policy steady on Thursday but introduced new...

Employees union seeks FIR against Jet Airways boss Naresh Goyal, Vinay Dube and on SBI Chairman

The employee union of Jet Airways, which is facing its worst crisis, Friday sought...

Japan approves 26 trillion yen as economic stimulus package to combat overseas risks

Japan's cabinet approved an economic stimulus package worth 26 trillion yen ($239 billion) with...

Samsung Electronics asks its shareholders to use electronic voting for upcoming AGM

Technology giant Samsung Electronics has adopted electronic voting for the first time ever for...

Rahul Gandhi hits on RCEP says, ‘Make in India’ has become ‘Buy from China’

Asserting that "Make in India" has become "Buy from China," Congress leader Rahul Gandhi...

CASHe launches WhatsApp-based instant credit line services

India-based credit-led Ai-driven fintech platform, CASHe has announced the launch of Ai-powered chat capability...

Yandex launches AR short video App ‘Sloy,’ for fashion and lifestyle bloggers and brands

In an attempt to engage the local audience and bloggers, Russian search engine giant...

Budget 2022-23: Banking, NEO Bank & NBFC Sector Expectations

Banking, Neo Bank & NBFCs sector expectations from Budget 2022: As Union Finance Minister...

4 Top Challenges in a Small Business

Running a small business is not easy. You will face many challenges along the...

How to choose top payout casinos online

Each casino sets its conditions for the withdrawal of winnings. However, all gambling clubs...

How Ginesys retail ERP Software Can Solve 7 Common Manufacturing Problems

The retail industry is undergoing a massive transformation. Customers nowadays prefer shopping through multiple...

Ampere Electric to setup e-mobility manufacturing plant in Tamil Nadu

Electric Mobility Company Ampere Electric has announced a phased investment potential of Rs 700...

Adtech startup ExperientalEtc raises $200K from StartupLanes

Mumbai-based Adtech startup, ExperientalEtc has raised $200K in series seed round funding led by...

Planning To Start Generating International Sales? This Post Is For You

Whether you’re an established local business or you’ve only recently launched a startup doesn’t...