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France's Schneider pays 157.5 mln yuan to Chinese firm as compromise in patent lawsuit

French electrical company Schneider agreed to pay 157.5 million yuan (23 million U.S. dollars) to China's Chint Group as a settlement to end a three-year patent lawsuit, a court in east China's Zhejiang Province said Wednesday. The Tianjin-based... ...full story at People's Daily

from People's Daily on Thu, Apr 16 2009

see also:

29 Dec 08 visit E Torgemen 19 dec 08 Chint accuse Schneider de procédures abusives  »  YouTube videoEmilie Torgemen pour BFMTV dans Shanghai Direct. Schneider a engagé une vingtaine de procédure en contrefaçons. Chint les accuse de procédure abusive pour les empêcher de pénétrer le marché européen.
16 Apr 09 visit Schneider settles fight with CHINT  »  Danwei From Financial Times: France's Schneider Electric has agreed to pay a Chinese company $23m to settle a patent lawsuit - the largest recorded settlement in an intellectual property case in China. Chinese IP lawyers said the settlement was a "wake-up...
23 Dec 08 visit Sumsung ruled to pay 50 mln yuan for patent infringement in east China  »  People's Daily Samsung Electronics Co. of the Republic of Korea has been ordered to pay 50 million yuan (7.3 million U.S. dollars) to a company in east China's Zhejiang Province for infringing the latter's dual-mode cell phone patent. The rule was made by the...
20 Jul 07 visit Chinese firm wins suit in US  »  People's Daily General Protecht, an electrical product manufacturer based in East China's Zhejiang Province, has won a three-year patent infringement lawsuit in the United States. According to a Federal Court ruling in New Mexico, the ground fault circ ...
17 Nov 07 visit Sino-French power equipment venture debuts in E China  »  People's Daily Delixi Electric Ltd., a joint venture of France-based Schneider Electric and China's Delixi Group, went into operation on Friday in Wenzhou, in east China's Zhejiang Province. Schneider, one of the world's leading providers of power ...
14 Nov 09 visit Man jailed for illegally borrowing 400 mln yuan from public  »  People's Daily A man in east China's Zhejiang Province was given a nine-year jail term for illegally borrowing more than 400 million yuan (87.8 million U.S. dollars) from 60 companies and individuals, according to a local court ruling. Chen Jianming, 39, was...

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