Nippon Steel sues Toyota, Baoshan for patent infringement By Reuters

Nippon Steel sues Toyota, Baoshan for patent infringement By Reuters



© Reuters. FILE PHOTO: A manufacturing line of Nippon Steel & Sumitomo Metal Corp.’s Kimitsu metal plant is pictured in Kimitsu, Chiba Prefecture, Japan, May 31, 2018. REUTERS/Kim Kyung-Hoon/File Photo

TOKYO (Reuters) – Japan’s Nippon Steel & Sumitomo Metal Corp on Thursday mentioned it has filed patent infringement lawsuits towards Toyota Motor (NYSE:) Corp and China’s Baoshan Iron & Steel Co Ltd (Baosteel).

Nippon Steel in a information launch mentioned it was in search of 20 billion yen ($176.26 million) in damages from every firm concerning its patent associated to non-oriented magnetic metal sheets.

($1 = 113.4700 yen)

Disclaimer: Fusion Media want to remind you that the info contained on this web site isn’t essentially real-time nor correct. All CFDs (shares, indexes, futures) and Forex costs will not be offered by exchanges however reasonably by market makers, and so costs might not be correct and will differ from the precise market value, that means costs are indicative and never applicable for buying and selling functions. Therefore Fusion Media doesn`t bear any duty for any buying and selling losses you would possibly incur because of utilizing this knowledge.

Fusion Media or anybody concerned with Fusion Media is not going to settle for any legal responsibility for loss or injury because of reliance on the knowledge together with knowledge, quotes, charts and purchase/promote indicators contained inside this web site. Please be totally knowledgeable concerning the dangers and prices related to buying and selling the monetary markets, it is likely one of the riskiest funding varieties doable.





Source link

Leave a Reply