businessliberal
Wired to Pay: The High Price of Stealing Technology
Texas, USAMonday, September 23, 2024
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.
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