Wired to Pay: The High Price of Stealing Technology

Texas, USAMon Sep 23 2024
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In a surprising turn of events, Samsung's legal woes have reached a boiling point. The tech giant is facing the threat of losing wireless charging capabilities on its Galaxy phones if it doesn't pay a fine for allegedly stealing intellectual property. This latest development is just one of many issues plaguing Samsung, which has announced plans to lay off a significant portion of its global workforce. The company is also withdrawing personnel from its Texas plant. But what's behind Samsung's troubles? The answer lies in its ongoing struggles to make Exynos, its own in-house chip, a viable alternative to Qualcomm's Snapdragon. This has led to difficulties for Mojo Mobility, a smaller company that has been affected by Samsung's actions. The court's ruling is a significant win for Mojo Mobility, and it's hard to believe that Samsung was able to get away with such major theft for so long.
Samsung has recently paid a $142 million fine after being found guilty of infringing patents for 5G technology. Now, the company is pushing to develop 1. 4 nm chips by 2027, but it's unclear whether it will infringe on yet another set of patents. It's a sorry state of affairs when companies like Samsung and AT&T get away with stealing technology and paying only minor fines. Meanwhile, smaller companies like Mojo Mobility are left to pick up the pieces. It's a reminder that intellectual property theft is a growing concern, and it's up to companies to take responsibility for their actions.
https://localnews.ai/article/wired-to-pay-the-high-price-of-stealing-technology-34afb544

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