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TOKYO (AP) — Nippon Steel Corp. is suing Toyota Motor Corp. over a patent for a technology used in electric motors in a rare case of legal wrangling between Japan’s top steelmaker and top automaker over intellectual property.
Japan's biggest steelmaker Nippon Steel Corp. said on Thursday it had filed patent infringement lawsuits against Toyota Motor Corp. and China's Baoshan Iron & Steel Co. (Baosteel) with a Tokyo District Court.
The company demanded compensation totaling $177 million.
Nippon Steel Corporation has filed lawsuits seeking compensatory damages before Tokyo District Court against Baoshan Iron & Steel Co Ltd and Toyota