Ranko U.S. sued PNY for patent infringement, won away battle

Recently, Shenzhen Langke Technology Co., Ltd. announced that the company in2018Year7Month28Day received the American arbitrator.Hon·William G·BasslerThe Final Decision issued. The Final Decision provides that,PNYshall, after the signing of this award21Within days, the total payment to Ranko Technology7,714,998S. dollars. This resolution is addressed to the United States.PNYThe Company violated the Settlement Agreement, and Ranko targetedPNYThe company's breach of contract is submitted to arbitration in response.

American time.2006Year2Month10Ranko filed a complaint with the U.S. Federal Court for the Eastern District of Texas, accusing the United States.PNYThe company infringed its patent numberUS6829672S. patent. This patent is in2002Year7In January, the patent was granted in China, I .e. "Flash electronic external storage method for data processing system and its device".2004Year12In the United States, the above patent number is.US6829672The patent. This patent is a flash drive, flash memoryMP3and other basic patents for flash mobile digital products, which has established a dominant position in the global flash drive industry. And2006The patent infringement lawsuit filed in is outside the Chinese enterprise.ITThe first case of invention patent rights protection, in the case of vigorously advocating "independent innovation" in China, this lawsuit has a very typical demonstration effect and practical significance.

Over the next two years, Ranko Technology andPNYThe two sides of the company went through the evidence exchange stage, the Markman hearing stage, and finally Longco Technology and the United States.PNYCompany in2008Year2Month11Japan signed the Settlement Agreement, and Ranko Technologies authorized the United States.PNYCorporate implementation includesUS 6829672A series of patents, including patents, and the U. S.PNYThe company pays a patent implementation license fee to Longco Technology.

During the execution of the Settlement Agreement, the United StatesPNYViolation of the relevant provisions of the settlement agreement. Ranko against United StatesPNYThe company's breach of contract is submitted to arbitration, and the U.PNYThe company is in2013Year11Month8The confirmation lawsuit was filed in the Federal District Court of New Jersey, USA, asking Longco Technology to bear its costs in the confirmation lawsuit, but no corresponding damages claim was filed against Longco. United StatesPNYThe company's move is a response to the arbitration submitted to Longco Technology that it violated the Settlement Agreement.

United StatesPNYIn its lawsuit, the company claimed that the arbitration matters submitted by Longco Technology were not within the scope of arbitration and should be decided by the federal court; in addition, the U. S.PNYThe company believes that a certain category of products it produces and sells is not included in the scope of the Settlement Agreement signed by both parties.2015Year12Month16The Federal District Court in New Jersey ruled that Ranko Technology andPNYDisputes arising from the Settlement Agreement signed by both parties fall within the scope of arbitration.

Ranco Technologies in2017Year10Month10Received on the day of the American arbitrator.Hon·William G·BasslerPartial Final Judgement issued. Eventually, in2018Year7Month28Rilanko Technology Receives U.S. ArbitratorHon·William G·BasslerThe Final Decision issued.PNYThe Company shall, upon the signing of this award21Within days, the total payment to Ranko Technology7,714,998S. dollars.

Shenzhen Langke Technology Co., Ltd. was established in1999Year5It is a global provider of products and solutions for flash drives and flash memory applications, headquartered in Shenzhen. As the discoverer of flash drives, Ranko's launch of flash drives under the trademark of USB drives is based onUSBInterface, a new generation of storage products using flash media. Ranko has flash drives, flashMP3As well as the basic patent of flash memory basic digital products, the coverage is very large, and there is no other technical means to bypass this patent. And Ranko has also applied for other patents around this patent, thus forming a "patent protection network". Ranko is in the carMP3A large number of patents have been applied for in the field of portable digital entertainment. Of course, with these "patent weapons", Ranko has initiated several patent lawsuits at home and abroad, in addition to the above-mentioned lawsuits.PNYThe patent litigation initiated by Ranko also contains:

2002Year9In January, Beijing Huaqi Information Digital Technology Co., Ltd. and Shenzhen Fuguanghui Electronics Co., Ltd. were sued for infringement of their patent rights in China;

2004Year8Month13Ranko sued Sony for patent infringement;

2016Year9Month22Day, Ronco sued five kinds of famous and excellent products.UInfringement;

2018Year5Month18On the same day, Longco sued spin information, spin-pole Baiwang, Baiwang Jinfu, Shenzhen Baiwang and Beijing Baiwang Price Company for patent infringement.

In addition to the above patent litigation cases, Ranko also collects patent license fees from flash drive manufacturers such as Patriot and Kingston.

There has always been a long-standing motto: "First-class companies sell standards, second-rate companies sell product brands, third-rate companies sell products, and fourth-rate companies sell coolies". There is no doubt that in the field of flash drives, Ranko is a well-deserved first-class enterprise. This is precisely due to the long-term strategic planning of intellectual property. At the beginning of Ranko's establishment, its founders made the intellectual property strategy clear as an important step in Ranko's nationalization, proposing that "intellectual property rights will be managed like products, believing that intellectual property rights will bring objective income. Now that international competition and cooperation have reached a new level, the model of development through the sale of patents will be very common, which will also be a new business form". And it also has quite unique views on the core competitiveness of enterprises, "we must abandon the impulse to pursue only short-term interests. When every enterprise operates, it will advertise, and advertising will cost money. Many enterprises spend a lot of money on TV advertising, in fact, is just a hard investment. When an enterprise operates, it is necessary to change its ideas, regard research and development and then form intellectual property rights as part of the normal operation of the enterprise, and increase the intensity of soft investment. Soft investment is a long-term income, and in the long run, it may be more competitive than advertising".

Ranco's rightPNYof patent infringement lawsuits, maintaining and expanding its operations in the United States. This approach coincides with the international thinking of "patent first" of most multinational companies. Ranko has also set an example for Chinese companies, which are trying to participate in international competition with a new attitude. Chinese enterprises are aware of the importance of independent technology and innovation to master independent intellectual property rights, and the intellectual property rights of Chinese enterprises are bound to be respected in the world.