Xiaomi to keep Rs 1000 crores in bank, Vivo to not create encumbrance in manufacturing plant after Philips moves Delhi HC for patent infringement

In its patent infringement suits, Philips has claimed that the two mobile manufactures have violated its "Standard Essential Patents".

Published on:

02 Dec 2020, 4:39 am

2 min read

Pursuant to patent infringement suits by Philips before Delhi High Court, Xiaomi has undertaken to maintain Rs. 1,000 crores in its bank accounts operated in India. (Koninklijke Philips NV vs Xiaomi & Ors)

Vivo, on the other hand, has been directed to not create any encumbrance or third-party rights in the manufacturing plant in Greater Noida. (Koninklijke Philips NV vs Vivo Mobile Communications & Ors)

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Patent Infringement

Philips

Xiaomi

Vivo

Standard Essential Patent