09/25/2020

Motorola v. Honda ‘s first trial results released: Honda was awarded 5.3 billion

Motorola v. Honda ‘s first trial results released: Honda was awarded 5.3 billion
Hytera announced on the evening of March 8th that on the evening of March 5th, US time, Motorola v. Hyunda’s first-instance decision came out: the local court supported the jury’s ruling and decided that Hytera compensated Motorola.6.5 billion US dollars, about 53 yuan.3.4 billion yuan.According to an earlier announcement, on February 14, 2020, a jury of the Northern Federal District Court in Illinois, the United States, ruled that Hytera had infringed on one or more Motorola ‘s trade secrets and U.S. copyrights and was sentenced to pay MotorolaCompensation for damages 34576.USD 120,000 and punitive damages USD 418.8 million, the total amount is 7.$ 6.5 billion.The above cases started several years ago.On March 15, 2017, all of Hytera ‘s wholly-owned subsidiaries, U.S. and U.S. companies, received complaints from Illinois courts. Motorola and Motorola Malaysia accused the company and U.S. companies, U.S. companies of trade secretsSome of the company’s products violated Motorola’s trade secrets.During the trial, Motorola announced that its former employees downloaded several confidential documents and carried them out of the company while working for Motorola.During this period, Hytera paid the employee without Motorola’s knowledge.On February 12, 2020, Eastern Time, Motorola finally clarified that some of its nominal company ‘s DMR products infringed Motorola ‘s 21 trade secrets and 4 U.S. copyrights, demanding that companies, U.S. companies and U.S. companies pay corresponding compensation for their own actions.In 2020, the jury and judge of the case made separate judgments and sentenced Hainengda to compensation7.$ 6.5 billion.Affected by this lawsuit, Hytera has substantially revised its gradually released 2019 performance expectations.On February 28, Hytera will forecast profit in 20194.800 million-5.The 800 million revision is expected to be 47.5.4 billion -48.5.4 billion.The 2019 performance report disclosed on the same day showed that in the past year, Hytera achieved operating income of 86.500 million US dollars, an annual increase of 24.76%; realized net profit attributable to shareholders of listed companies -47.7.5 billion, down 1101 every year.41%.Hytera is now actively preparing for attraction.According to the announcement, in response to this judgment, the company will file an application to the Illinois State Court for review of the case and the court’s motion to change the sentence in accordance with the law.The appeal process generally lasts 2-3 years.The staff of the Hengda Board of Directors and Secretaries told reporters earlier that currently Hengda and Motorola have litigation in many places in the country.In addition to the United States, Motorola has also accused Hytera of its Australian subsidiary and German subsidiary to replace patent litigation.In addition, Motorola also applied for an ITC (United States International Trade Commission) patent investigation on Hytera.In this regard, Hytera also filed a series of counterclaims, including v. Motorola patent ownership and related Chinese subsidiaries of abuse of market control.Sauna, Ye Wang Peng Shuo Li Yunqi Editor Zhao Ze proofreading Li Shihui