Posted inHeavy Hitters

Patent suits pile on before Xiaomi IPO

Chinese smartphone maker Xiaomi hit yet another roadblock ahead of its blockbuster IPO. An individual named Yuan Gongyi (袁弓夷) is suing the company for infringing on his patent, asking for an indemnity of RMB 50 million ($7.5 million), local media is reporting. According to Yuan, the Chinese patent ZL00800381.5, named Common Packet Channel, has been […]