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Haier: The final result of the commercial secrets and copyright infringement litigation with Motorola may have a certain impact on the company's profits.
Golden Ten Data News on November 21st, Hainengda issued a notice on the abnormal Fluctuation in stock trading. Recently, the High Court of England made a ruling (JUDGMENT) on a part of the compensation in the case of Motorola's application for the execution of the US trade secret and copyright infringement lawsuit in the UK. Due to the conflict between the punitive damages for trade secrets in the judgment of the US court and English law, the judge of the High Court of England does not support the execution of the trade secret compensation in the UK in this case, and has rejected Motorola's application for the execution of litigation expenses such as Interest and legal fees in the UK. The final result of the company's trade secret and copyright infringement lawsuit with Motorola may have a certain impact on the company's profits and is subject to a certain degree of uncertainty.