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HTC Under Fire: IPCom Halts HTC Sales In Germany
Nov 28th 2011 at 06:03am by Joseph Sugabo May Contain Affiliate Links (What’s This?)
IPCom, a German patent firm stated that they plan on enforcing, “an injunction based on a Mannheim court decision from February 2009 after HTC, the fourth largest smartphone vendor globally, withdrew its appeal, which was due to be decided on next week” (Tarmo Virki, Reuters). IPCom intends to execute the injunction as soon as they can. IPCom states that, “We will use the right awarded by the courts, likely resulting in HTC devices disappearing from shops during the crucial Christmas season.”
See Also: Samsung Nexus Prime On Hold (News)
HTC confirms that the appeal was retracted on Friday, November 25, 2011 stating that it “thought it was redundant as a German patent court has questioned the validity of the patent in question.” Analysts and lawyers speculate that the “withdrawal gives HTC time to battle against two other patents which could have been decided upon next week, while it can still try to delay the original injunction. "While HTC can try to oppose the enforcement of the injunction, my research shows that the odds are very long against HTC on this one," said German patent expert and blogger Florian Mueller” (Tarmo Virki, Reuters).
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HTC is struggling to keep its relevance in the smartphone arena at the moment and this news does it no good. Germany is one of the largest smartphone markets in Europe and with HTC phones coming off the shelves this Holiday season things aren’t looking good. HTC predicted that its stock would only fall 8 percent October- December however, things have been much worse. Stock has fallen 30 percent in 8 trading days in a row.
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