Date
16 October 2018

Court upholds IDC payout to Huawei over monopoly, Xinhua says

A court in Guangdong province has ordered US firm InterDigital Communications (IDC) to pay Chinese technology giant Huawei 20 million yuan (US$3.26 million) in compensation for monopolistic practices, Xinhua news agency reported Tuesday. In the final verdict on Monday, the Guangdong Provincial Higher People’s Court upheld the previous verdict issued by the municipal intermediate people’s court of Shenzhen, where Huawei is headquartered, the report said. The patent prices offered by IDC to Huawei have been much higher, sometimes even hundreds of times higher, than to other companies, according to the court. Huawei sued IDC in 2011 over abuse of market monopoly and asked for a compensation of 20 million yuan. Both parties appealed to the court after the first verdict.

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