Vol 2 Chapter 1496: Giants caught off guard

Simply put, the company will evaluate the case based on the progress of the case. If the winning rate is too low, it will find a way to terminate the case and seek a settlement.
On the one hand, this is to avoid some negative effects. After all, reports of reconciliation between the two parties are better than reports of verdicts of infringement.
Secondly, it is this kind of infringement case, if it is judged, it will definitely be a huge compensation. So for these companies, what can be avoided is what must be avoided.
Of course, this kind of patented technology infringement settlement costs are not low. For example, H had negotiated and settled with Gcom. From the information disclosed, h was the so-called ‘reconciliation fee’ of US$1.8 billion paid by Gcom for the settlement.
Another example is the reconciliation negotiation between Guogou and G Pass. After difficult negotiations, Guogou finally paid the ‘Reconciliation Fee’ of $45 for G Pass.
There are many cases of such settlements, ranging from millions to tens of millions and billions of dollars.
But if it is compared with the amount of compensation awarded by the court for failing in responding to the case, it is really insignificant. For example, the tobacco giant, the parent company of the famous tobacco brand Marlboro, was sued by smokers and eventually failed to respond to the lawsuit, and the court awarded as much as 28 billion US dollars in punitive damages.
Therefore, after a round of competition, 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, then it will be a long litigation and response link in the end.
Everyone knows that the competition and friction between Haoyu Technology and many overseas technology companies have been constant in recent years. There is fierce competition between the two parties, but there are still some cooperations, such as patent licensing exchanges and so on.
Both parties negotiated around their own core patented technologies, and there were also small-scale prosecutions.
But, how suddenly, Wu Hao and the others initiated litigation in 27 countries against 1439 patent infringement cases involving seven industries at the same time.
This incident was so sudden that there was no sound of wind before.
Not only the people, but the industry and even the well-informed media industry, even these seven companies were caught up in the circle after they suddenly got the news. All this happened too suddenly.
Although the previous competition was relatively fierce, it has not yet reached the point where it can truly tear its face and confrontation. Now, Haoyu Technology has suddenly announced that it has simultaneously filed a lawsuit against seven industries in 27 countries involving 1,439 patent infringement cases , This is a rare rhythm to tear the face.
Obviously, this heavy news shocked the seven companies. Also shocked was the entire stock market. After receiving this news, the stock prices of these seven companies all fell on the same day, ranging from the next 2% to 7%. There are even several companies that have created stock prices in recent years. The biggest single-day drop for the first time.
Although it was a bit sudden, these companies responded quickly. The top priority is to issue notices to stabilize the military, comfort investors, and stabilize stock prices.
The fruit company’s CEO said on the overseas social network:
We are shocked by the large-scale lawsuit filed by Haoyu Technology. We are currently actively evaluating the impact of this incident on the company and the consumer market, and will actively The response came from Haoyu Technology’s unprovoked accusations against us.
For a long time, the fruit company insists on innovation, is a firm defender of market order, and a firm supporter of the patent bill. Our related technologies have passed strict professional technical and legal evaluations, and there is no infringement. We express our indignation and resolutely oppose Haoyu Technology's unprovoked accusations. We will reserve the right to take further relevant measures to safeguard the legitimate and legitimate interests of the company. "
As for S Star Company, it responded:
The accusation made by Haoyu Technology is unreasonable and wrong. The technologies used in our products are all independently developed by our company and have all intellectual property rights. There is no Patent infringement.
Haoyu Technology’s baseless allegations are slander to us, and even more to our scientific 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 complaints ~EbookFREE.me~ and will prosecute Haoyu Technology for stealing and infringing on our patented technology, resolutely defending our interests. "
As for the G song company, it seems a little implicit. His CEO responded on social media: "This is really bad news. Technology patents should not become obstacles and barriers to social development.
In response to related allegations, we will organize technical experts and legal experts to evaluate and actively respond to the lawsuit. I believe in my engineers, and even more in my legal experts, they are really great. "
Faced with the responses of these giants, major companies are rushing to report, and even many media have started special topics to follow up and report on these events.
Now the seven companies that Science and Technology is about to sue have basically responded, but as the parties involved in the incident, Haoyu Technology Co., Ltd., who filed the lawsuit, Wu Hao and the others appear very calm, even in an unexpected silence.
I chose to ignore all these responses and remained silent. So more people and even the industry focused their attention on Haoyu Technology and Wu Hao and others, wanting to know how they should react next.
Is it a simple announcement to frighten the other party and show your attitude and it's over, or you really have to pay for the incident.
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, that is, contact to apply for an interview.
Even many media still try to get into the headquarters of Haoyu Technology in every way in order to grab the exclusive headlines. For example, ordinary tourists want to get in, but they are unsuccessful.
However, all tourists have to go through security checks when entering the park, and professional interview equipment cannot enter. Therefore, it is of course impossible to conduct formal interviews.