Samsung refuses to pay patent fee to Microsoft for arbitration
Author:Sam Ma Time:2021-06-06 15:46 Browse(309)
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Samsung has launched an arbitration procedure against Microsoft (45.51, - 0.58, - 1.26%) in Hong Kong on Tuesday, and the two companies are now in a lawsuit war in the United States over the issue of smartphone royalties.

Samsung refuses to pay patent fee to Microsoft for arbitration

U/ |* ~7 b4 x; X5 W0 C + @ 4 Z: P7 I8 F0 [8 e # R] the arbitration procedure was disclosed in a court document submitted by Microsoft, which filed a lawsuit in New York Federal Court in August, accusing SamSung of refusing to pay royalties to Nokia after Microsoft announced its plan to acquire Nokia's (8.17, - 0.34, - 4.00%) mobile phone business+Y (G8 c-k! T / M8 M: I $'Samsung said.
the company has applied to the Hong Kong Office of the International Court of arbitration of the International Chamber of Commerce for arbitration.
Samsung said that the arbitration procedure was initiated under the terms of a commercial cooperation agreement to "solve a dispute involving the calculation method of accumulated points.
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