To put it simply, the company will evaluate the case based on the progress of the case. If the winning rate is too low, it will find ways to terminate the case and seek settlement.
On the one hand, this is to avoid some negative impacts. After all, reports of a settlement between the two parties are better than reports of an infringement verdict.
Secondly, if this type of infringement case is judged, it will definitely result in huge compensation. Therefore, for these enterprises, if they can be avoided, they should be avoided.
Of course, the cost of settling such patent technology infringements is not cheap. For example, H Weiwei once negotiated and settled with G Tong. Judging from the disclosed information, H Weiyi paid G Tong a so-called "settlement fee" of US$1.8 billion in order to reconcile.
Another example is the settlement negotiation between Fruit and G Tong. After difficult negotiations, Fruit finally paid G Tong a 'settlement fee' of US$45.
There are many such settlement cases, ranging from millions to tens of millions or billions of dollars.
But if compared with the amount of compensation awarded by the court after failing to respond to the case, it really pales into insignificance. For example, the tobacco giant, the parent company of the famous tobacco brand Marlboro, was sued by smokers and ultimately failed to respond. The court awarded punitive damages of up to US$28 billion.
Therefore, after a round of confrontation, most companies will choose to settle when they feel that they have little chance of winning. Of course, if both parties hold their own opinions and cannot reach a settlement, it will end up being a lengthy process of litigation and response.
As we all know, in recent years, Haoyu Technology has been experiencing constant competition and friction with many overseas technology companies. There is fierce competition between the two parties, but there is still some cooperation, such as patent licensing exchange and so on.
Both parties are negotiating around their own core patented technologies, and there are also small-scale lawsuits.
However, how come Wu Hao and the others suddenly launched lawsuits against seven industries involving 1,439 patent infringement cases in 27 countries at the same time.
This incident happened so suddenly that there was no news about it before.
Not only the public, but also the industry and even the well-informed media industry, even these seven companies were confused after suddenly receiving the news. It all happened too suddenly.
Although the competition in the past was relatively fierce, it had not yet reached the point of real confrontation. But now, Haoyu Technology suddenly announced that it would sue seven companies in 27 countries for 1,439 patent infringement cases at the same time. , this is a rare rhythm to break up.
Obviously, this piece of heavy news shocked these seven companies. Also shocked was the entire stock market. After receiving the news, the stock prices of these seven companies all fell that day, ranging from 2% to 7%. Several companies have even created record-breaking stock prices in recent years. The largest single-day decline for the first time.
Although some of them were sudden, these companies also responded quickly. The top priority was to issue announcements first to stabilize military morale, comfort investors, and stabilize stock prices.
The CEO of the fruit company said in a message posted on overseas social media: "We are shocked by the large-scale lawsuit suddenly filed by Haoyu Technology. We are currently actively evaluating the impact of this incident on the company and even the consumer market, and will actively Our response comes from Haoyu Technology’s groundless accusations against us.
The fruit company has always insisted on innovation and is a staunch defender of market order and a staunch supporter of the Patent Act. Our related technologies have passed strict professional technical and legal evaluations and there is no infringement. We are indignant and firmly opposed to Haoyu Technology’s groundless accusations. We will reserve the right to take further relevant measures to safeguard the legitimate and legitimate interests of the company. "
S Star Company responded: "Haoyu Technology's accusations are unreasonable and wrong. The technologies used in our products are all independently developed by our company and we own all intellectual property rights. There is no Patent infringement.
Haoyu Technology's unfounded accusations are a slander against us and an insult to our scientific research and technical personnel. We will take appropriate actions to safeguard our legitimate interests, reputation and dignity.
We have organized a large legal team to actively respond to these accusations, and will prosecute Haoyu Technology for stealing and infringing our patented technology, and resolutely defend our interests. "
As for G Song, it seems a bit reserved. Its CEO responded on social media: "This is really bad news. Technology patents should not become obstacles and barriers that hinder social development.
In response to relevant accusations, we will organize technical experts and legal experts to evaluate and actively respond. I trust my engineers, and even more trust my legal experts, they are really great. "
Faced with the responses of these giants, major companies also rushed to report on them, and many media even started special topics to follow up and report on these events.
Now the seven companies that Technology wants to sue have basically responded. However, as the parties to the incident and the suing party, Haoyu Technology Company, Wu Hao and others seemed very calm, even unexpectedly silent.
I chose to ignore all these responses and remained silent. As a result, more people and even the industry focused their attention on Haoyu Technology and Wu Hao, wanting to know how they would react next.
Should he simply send out an announcement, scare the other party, express his attitude and be done with it, or should he really have to pay for it?
Even now, many experts and people still insist that this is just a bluff by Wu Hao and others, and that such a large-scale rights protection lawsuit is simply impossible to achieve. Some people even thought that Haoyu Technology was about to release a new product, so they warmed it up in advance to attract attention.
As for the major media around the world, they were even more excited. They went to Anxi with long guns and short cannons, hoping to obtain first-hand information. Some people even set up live broadcast equipment opposite the Haoyu Technology headquarters park to conduct live broadcasts 24 hours a day.
Some media even set up temporary studios in Anxi and began to produce a series of related news reports. Of course, these media will also do one thing in common, which is to contact and apply for interviews.
Many media even tried to find ways to enter the headquarters park of Haoyu Technology in order to grab exclusive headlines. For example, ordinary tourists tried to blend in, but failed.
However, all tourists must go through security checks when entering the park, and professional interview equipment cannot enter, so of course it is impossible to conduct formal interviews, so they can only do it secretly.
