A new complaint in Europe by smartphone maker ZTE (HKEx: 763; Shenzhen: 000063) is shining a spotlight on Chinese gadget makers’ dependence on foreign technology, which often ends up making them hostages to big western patent holders. I personally find ZTE’s new complaint against Vringo just slightly amusing, since ZTE and crosstown rival Huawei are consistently among the world’s largest global patent recipients these last few years — a fact both companies love to trumpet. Apparently many of those patents aren’t worth too much, which leaves companies like ZTE still quite reliant on foreign technology. Read Full Post…
The following press releases and media reports about Chinese companies were carried on June 19. To view a full article or story, click on the link next to the headline.
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Vacation Rental Site Tujia Completes $100 Mln Series C Funding (English article)
ZTE (HKEx: 763) Files Antitrust Complaint With European Commission Against Vringo (Businesswire)
Guangzhou Daily Withdraws Lawsuit Against Today’s Headlines App (Chinese article)
Huawei Expands In Russian Tech Services After Putin’s China Deal (English article)
Billionaire JD.com (Nasdaq: JD) Founder Lines Up Next Challenge: Beating Alibaba (English article)
The following press releases and media reports about Chinese companies were carried on December 19. To view a full article or story, click on the link next to the headline.
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