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Nagpur Stock:"King of African Mobile" after being sued in Qualcomm in India, the stock price plummeted.

Admin88 2024-10-26 36 0

"King of African Mobile" after being sued in Qualcomm in India, the stock price plummeted.

Each reporter Wang Jing every editor Zhang Haini

On the morning of July 15th, the "King of Africa Mobile" (688036.SH, the stock price of 74.13 yuan, a market value of 83.71 billion yuan) fell more than 9%. As of the afternoon closing, it closed at 74.13 yuan, down 6.55%.Nagpur Stock

As of the second quarter of this year, Chuan Yin was the world's fourth largest smartphone manufacturer and occupied more than 40%of Africa's smartphone market share, but now it is facing the laws and commercial pressures of large American technology companies.A few days ago, the chip factory Qualcomm sued the four non -standard basic patents in the High Court of Delhi in India.Mumbai Stock Exchange

On the evening of July 12, the two sides responded separately on the lawsuit.According to Chuanyin: "The company's sales network covers more than 70 emerging markets including Africa and South AsiaLucknow Stock. In these countries, some patent owners do not have or only have a small amount of patents, but they are required to follow the global unified rate and demand for demands."Excessive permit" Qualcomm said: "Chuanyin Company recently signed a license agreement with Qualcomm, but most of its products have not been permitted by Qualcomm and are still infringing Qualcomm's patent portfolio."

In order to further understand the situation, on the morning of July 15th, the reporter of "Daily Economic News" called Chuanyin Holdings as an investor.The litigation of intellectual property rights has occurred frequently. Some time ago, the company had signed a 5G standard patent license agreement with Qualcomm and was performing the agreementAgra Wealth Management. The patents such as 3G and 4G have not reached an agreement.She frankly said that for biography, there are currently more 4G products in the company, while 5G is relatively less.

Talking about the price range of transmitting phones in India, the above person said: "It's similar to the company's average level.At present, the company's lawsuit in India does not have a clear amount.In liabilitiesHyderabad Investment. "

According to the 2023 financial report released by Yin Holdings, as of December 31, 2023, the company's expected liabilities were 3.158 billion yuan, including after -sales warranty, patent use fees, and Indian companies paid taxes and fines.As of the end of the first quarter of this year, the company's estimated liabilities were expected to increase further to 3.323 billion yuan.


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