Advertisement
Canada markets close in 2 hours 35 minutes

  • S&P/TSX

    21,837.69
    -36.03 (-0.16%)
     

  • S&P 500

    5,026.04
    -45.59 (-0.90%)
     

  • DOW

    37,976.82
    -484.10 (-1.26%)
     

  • CAD/USD

    0.7311
    +0.0013 (+0.18%)
     

  • CRUDE OIL

    82.58
    -0.23 (-0.28%)
     

  • Bitcoin CAD

    88,178.77
    -539.61 (-0.61%)
     

  • CMC Crypto 200

    1,396.47
    +13.89 (+1.01%)
     

  • GOLD FUTURES

    2,341.30
    +2.90 (+0.12%)
     

  • RUSSELL 2000

    1,974.98
    -20.45 (-1.02%)
     

  • 10-Yr Bond

    4.7000
    +0.0480 (+1.03%)
     

  • NASDAQ

    15,518.61
    -194.14 (-1.24%)
     

  • VOLATILITY

    16.36
    +0.39 (+2.44%)
     

  • FTSE

    8,078.86
    +38.48 (+0.48%)
     

  • NIKKEI 225

    37,628.48
    -831.60 (-2.16%)
     

  • CAD/EUR

    0.6808
    -0.0011 (-0.16%)
     
MARKETS LIVE BLOG:

STOCKS SLIDE AFTER META'S REALITY CHECK, DOWNBEAT GDP

Caterpillar sinks 7% after earnings, management sees weakness in Europe, Asia-Pacific

Quantum dots firm Nanoco files patent infringement lawsuit against Samsung

Reuters
·1 min read
FILE PHOTO: The logo of Samsung Electronics is seen at its office building in Seoul

(Reuters) - British nanotechnology company Nanoco <NANON.L> said on Monday it has filed a patent infringement lawsuit against Samsung Electronics Co <005930.KS> and affiliates in a district court in Texas relating to quantum dots.

Nanoco, which produces quantum dots that are used to make vibrant screen displays, alleged that each of the defendants has wilfully infringed its patents and said it seeks a permanent injunction from "further acts of infringement and significant monetary damages".

"Historically, the group worked collaboratively with Samsung on developing enhanced quantum dots," Nanoco's Chairman Christopher Richards said.

"We were therefore naturally disappointed when Samsung ended the collaboration and launched its QD-based televisions without entering into either a licensing or supply agreement with Nanoco," he added.

(Reporting by Noor Zainab Hussain in Bengaluru; editing by Uttaresh.V)