Import data was a miss though.
It doesn't matter if they're sued as long as they're sharp enough to avoid paying and have no worthwhile assets abroad to be confiscated. Given what I know about Transsion, that's probably the case..........
What is the chance that Xiaomi & Transsion be banned like Huawei? this is a serious national security issues
While China’s trade surplus is high in absolute numbers, it really isn’t that high as percentage of its GDP (only 3.2% of GDP). Its economy’s reliance on trade surplus is exaggerated. In fact least 30 countries have higher reliance on trade surplus.
It does matter. If they fail to get a licensing agreement it’s possible for Qualcomm and Phillips to move to block all imports of Transsion phones. They would have an easier time blocking it in the US but they could 100% make it very difficult for them to export stuff to Africa if they’re determined enough.It doesn't matter if they're sued as long as they're sharp enough to avoid paying and have no worthwhile assets abroad to be confiscated. Given what I know about Transsion, that's probably the case..........
Which Philips patents are these? I am kind of curious since that failure of a company does not even make lightbulbs anymore ever since they spun out their lighting division. At best they might make like medical gear? But phones? Please.
