ZTE Welcomes Developments in Anti-Monopoly Litigation Proceedings Against Vringo in Shenzhen Intermediate People’s Court

Release Time:2015-04-29
ZTE Welcomes Developments in Anti-Monopoly Litigation Proceedings Against Vringo in Shenzhen Intermediate People’s Court - ZTE Press Release

ZTE Welcomes Developments in Anti-Monopoly Litigation Proceedings Against Vringo in Shenzhen Intermediate People’s Court

Date:2015-04-29 ZTE Click:265

28 April 2015, Shenzhen, China ZTE Corporation is pleased to report that the Shenzhen Intermediate People’s Court has set the dates it will hear ZTE’s anti-monopoly litigation case against Vringo.

 

A closed evidentiary hearing has been set for Friday, May 29, 2015, at which both parties are required to submit their evidence. The court will hold a private hearing on the case on June 1, and all materials, submitted evidence and testimonies are considered confidential. 

 

Separately, ZTE has applied to the European Commission to investigate Vringo for breach of European Union antitrust law. In China, the National Development and Reform Commission is currently conducting an anti-monopoly investigation against Vringo.

 

As a globally-leading technology innovator, ZTE respects the intellectual property of other companies, and is committed to completing licensing agreements with patent holders based on the FRAND (fair, reasonable and non-discriminatory) principles. The company believes that the anti-competitive and unfair use of patents will ultimately result in the stifling of innovation.