After the acquisition of (patent held by) Nortel then Motorola Mobility, suddenly patent became something important and priceless. In the USA, the value of the patent may higher then gold. In the time when innovation is less than it used to be and all people tend to create the same things, there is a nightmare spread by the patent holder, ROYALTY, and hundred million will be taken under the law.
Let’s see the hot news from Sillicon Valley. InterDigital and Kodak suddenly became the trend because their on-sale status and the numbers of patents they held. Palm, again, became the byword after HP stopped its device development, simply because Palm has webOS and thousands of patents. Most of us, in fact, haven’t heard the name of InterDigital, but it has been targeted by giant companies like Apple and Qualcomm.
What does actually happen? Only by doing a little slip will make a company accused for violating other’s intellectual properties and should pay for about hundreds million or event billion dollars. The worse thing is the long steps of law procedures. It may take months in the court. Moreover, it will take much money to pay the lawyer. After the court, suddenly the patent holder get significant income from outside of its business core. For me, it’s pathetic. The patents war will be tiring and not support the innovation. It tends to be contra productive.
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