Friday, July 28, 2017
Search
  
Submit your own News for
inclusion in our Site.
Click here...
Breaking News
PC Sales Help Intel's Q2 Results
Apple Discontinues the iPod Nano and Shuffle
New Microsoft keyboard brings Windows Hello to Windows 10 PCs
Windows 10 Creators Update now Available to Everyone
The Fitbit skill for Cortana is Now Available
AMD Completes Ryzen Mainstream Desktop Lineup with the Affordable Ryzen 3 processors
Toshiba TR200 SSD Series Uses 64-Layer 3D Flash Memory
Twitter Struggles to Attract New Users
Active Discussions
Which of these DVD media are the best, most durable?
How to back up a PS2 DL game
Copy a protected DVD?
roxio issues with xp pro
Help make DVDInfoPro better with dvdinfomantis!!!
menu making
Optiarc AD-7260S review
cdrw trouble
 Home > News > Optical Storage > Sony, P...
Last 7 Days News : SU MO TU WE TH FR SA All News

Thursday, October 10, 2002
Sony, Pioneer resolve DVD patent dispute in China


Sony Corp. (SNE or 6758), Pioneer Corp. (PIO or 6773) and the Netherlands' Philips Electronics N.V. have agreed with a Chinese industry group to resolve their patent dispute on DVD players by receiving royalties from related Chinese firms, Kyodo News reported, citing Japanese company officials.

Given the accord, Philips will negotiate in place of Sony and Pioneer with some 100 Chinese companies individually to sign patent contracts and collect royalties as soon as possible, the officials said, according to the report.

Earlier this week, sources close to the case said about 50 Chinese companies have begun paying a total of Y1.5 billion for DVD players to five Japanese firms - Toshiba Corp. (J.TOS or 6502), Hitachi Ltd. (HIT or 6501), Victor Co. of Japan (J.VIC or 6792), Mitsubishi Electric Corp. (J.MBE or 6503) and Matsushita Electric Industrial Co. (MC or 6752)) - and two U.S. firms, AOL Time-Warner Inc. (NYSE:AOL - News) and International Business Machines Corp. (NYSE:IBM - News) .

The payment apparently represents a change in Beijing's trade policy following its entry into the World Trade Organization late last year.

The agreement by Sony, Pioneer and Philips calls for Chinese firms to pay $5 per DVD player for export products for the time being, the officials said.

The three concerns will continue to seek royalty payments for DVD players shipped in China, they said.


Previous
Next
DVD and Video game theft reduced by "Red Tag" security device        All News        DVD and Video game theft reduced by "Red Tag" security device
DVD and Video game theft reduced by "Red Tag" security device     Optical Storage News      DVD and Video game theft reduced by "Red Tag" security device

Source Link Get RSS feed Easy Print E-Mail this Message

Related News
Sony Entertainment to Start Vinyl Record Production
HERE and Pioneer Partner on Global Map Solutions
Pioneer's Flagship Se-Monitor5 Hi-Res Headphones Released
Konica Minolta and Pioneer Join Forces On OLED Lighting Business
Pioneer Debuts New Elite 7.2-channel Network AV Receivers
Sony Xperia XZ Premium Flagship And Xperia Touch Projector will Cost You a Fortune
Sony Chief Promises Return to Profitability
Sony Returns to the OLED TV Market With New Models
Image Sensors, Batteries And Playstation Boosts Sony's Profit
Sony Launches The a9 24MP 20fps Full-frame Sports Camera
Sony Commercializes High-Sensitivity CMOS Image Sensor for Automotive Cameras
E Ink and Sony to Establish a Joint Venture to Operate Electronic Paper Display Business

Most Popular News
 
Home | News | All News | Reviews | Articles | Guides | Download | Expert Area | Forum | Site Info
Site best viewed at 1024x768+ - CDRINFO.COM 1998-2017 - All rights reserved -
Privacy policy - Contact Us .