Tag Archives: patent lawsuit

Bloomberg: Hyundai Loses $28.9 Million Patent Trial Over Hybrid Engines

Bloomberg reports that Hyundai Motor Co. and Kia Motors Corp. were told to pay Paice LLCĀ $28.9 million after a federal jury said the South Korean carmakers infringed patents related to hybrid engines. The jury on Thursday, October 1 rejected arguments by Hyundai and Kia that the patents owned by Paice LLC were invalid, and instead found the infringement was intentional.…

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