Business / Microsoft sues Foxconn parent company for missing patent-licensing payments

Zee News : Mar 11, 2019, 04:26 PM
Microsoft is suing Foxconn's Taiwanese parent company Hon Hai for the alleged failure of the consumer-electronics manufacturer to comply with a patent-licensing agreement, the media reported. It remains unclear what products were covered under the agreement. Microsoft takes its own contractual commitments seriously and we expect other companies to do the same. Microsoft is suing for royalty repayment with interest.