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HomeBusiness#business UK tech firm Nanoco steps up its fight with Samsung

#business UK tech firm Nanoco steps up its fight with Samsung

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#enterprise UK tech firm Nanoco steps up its fight with Samsung

British tech minnow combating Samsung in US courtroom is contemplating additional lawsuits in UK and China

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A British tech minnow combating Samsung in a US courtroom is contemplating additional lawsuits within the UK and China. 

Manchester-based Nanoco claims the South Korean electronics titan stole its tech and used it in its bestselling QLED TVs. The David and Goliath-style battle will come to a head this month when a trial begins in Texas, with Nanoco arguing that Samsung infringed its copyright. 

The £141million firm, which was spun out of Manchester University, just lately launched proceedings for an injunction in Germany in search of to ban the sale of Samsung QLED TVs. 

David and Goliath-style battle: Manchester-based Nanoco claims the South Korean electronics titan stole its tech and used it in its bestselling QLED TVs

David and Goliath-style battle: Manchester-based Nanoco claims the South Korean electronics titan stole its tech and used it in its bestselling QLED TVs

Nanoco claims it’s owed probably a whole bunch of thousands and thousands of kilos from previous and future gross sales. Samsung denies the fees. 

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The London-listed firm is now doing due diligence on whether or not it will possibly launch comparable instances within the UK and China. In each international locations the identical authorized motion might be extra pricey and sophisticated. 

Chief govt Brian Tenner mentioned: ‘We efficiently established the validity of our patents within the US, Samsung’s largest market, so it is sensible we might be actively exploring choices in different territories.’ 

Texas has been chosen as a result of it has a ‘rocket docket’ that hears claims and reaches verdicts way more rapidly than in different states. US regulator the Patent Trial and Appeal Board dominated in favour of Nanoco earlier this 12 months, paving the best way for the upcoming trial. 

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