OPPO Deposits 23% of Revenue Following Patent Infringement Case Against Nokia
Renowned global smartphone brand OPPO has complied with a court order by depositing 23 percent of the revenue generated
Source: telecomlead.com
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OPPO pays 23% of its India sales to Nokia as per court order; here's why
Global smartphone brand OPPO has deposited with the Delhi High Court 23 per cent of the amount generated from its sales in India for infringing upon Nokia's patent, reliable sources told IANS on Monday.
Source: ibtimes.co.in
OPPO pays 23% of its India sales to Nokia as per court order
Global smartphone brand OPPO has deposited with the Delhi High Court 23 per cent of the amount generated from its sales in India for infringing upon Nokia's patent, reliable sources told IANS on Monday.
Source: thenewsminute.com
SC dismisses OPPO's challenge to HC order
The HC had reached the 23 per cent penalty figure after taking into account OPPO’s sales in India which is around 23 per cent of its global sales.
Source: sentinelassam.com
oppo: Encourage Oppo to play by the rules: Nokia after SC ruling
Oppo Guangdong, along with Oppo Mobile Telecommunications, Oppo Mobiles India, Realme Mobile Telecommunications (India), and OnePlus Technology and others had earlier appealed to the Supreme Court that the HC judgement altered the level playing field, causing further hardship to them, as it overlooked the fact that Nokias interest was secured by its bank guarantees.
Source: indiatimes.com