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Six Coolpad workers detained in patent dispute with former employer Huawei

Recent Innovation News

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LG Display reports record fourth-quarter profits; panel prices seen rising further

SEOUL South Korea's LG Display Co Ltd said on Tuesday it reported a record fourth-quarter operating profit of 904.3 billion won ($778.33 million) due to a pickup in panel prices.

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Britain launches interventionist drive for post-Brexit industrial revival

LONDON Britain's government on Monday unveiled a new interventionist approach to rebalance its heavily services-based economy for the post-Brexit era, in a break with traditional Conservative laissez-faire economic policy. | Video

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As attacks grow, EU mulls banking stress tests for cyber risks

BRUSSELS The European Union is considering testing banks' defenses against cyber attacks, EU officials and sources said, as concerns grow about the industry's vulnerability to hacking.

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Xiaomi executive Barra, who drove smartphone maker's global push, steps down

BEIJING Hugo Barra, the most prominent global executive at China's Xiaomi Inc [XTC.UL], has left the smartphone maker citing health concerns and a new job, dealing a fresh setback to a firm that is struggling to recover ground ceded to rivals.

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Apple files $1 billion lawsuit against chip supplier Qualcomm

Apple Inc filed a $1 billion lawsuit against supplier Qualcomm Inc on Friday, days after the U.S. government accused the chip maker of resorting to anticompetitive tactics to maintain a monopoly over key semiconductors in mobile phones.

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U.S. regulator finds no evidence of defects after Tesla death probe

WASHINGTON U.S. auto safety regulators said on Thursday they found no evidence of defects in a Tesla Motors Inc car involved in the death of a man whose Model S collided with a truck while he was using its Autopilot system.

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Czech inventor gives snow chains a modern makeover

VRBNO POD PRADEDEM, Czech Republic After struggling one night to get chains on his tyres on a snowy mountain, Czech businessman Petr Gross decided he needed to come up with something that did the job better.

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Six Coolpad workers detained in patent dispute with former employer Huawei

HONG KONG Chinese smartphone maker Coolpad, part of the LeEco technology conglomerate, said six employees had been detained by authorities, accused of infringing the intellectual property rights of their former employer Huawei Technologies [HWT.UL].

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South Korea's Netmarble seeks M&As, U.S. expansion: founder

SEOUL South Korea's largest mobile game company, Netmarble Games Corp, is seeking more mergers and acquisitions and intellectual property rights to expand its share of the gaming market in North America and Europe, its founder said.

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U.S. to probe whether Fujifilm violating Sony magnetic tape patents

WASHINGTON The U.S. International Trade Commission said on Wednesday it had launched on investigation into whether Fujifilm Holdings Corp was violating patents which Sony Corp holds for certain magnetic tape cartridges.

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