Hit them when they're down: RIM sued for alleged patent infringement
Not only did NXP file the suit, they decided to make the filing in U.S. District Court in Orlando, Florida. Is it more than a coincidence that RIM's annual BlackBerry World conference will be held in that very city next month? During the BlackBerry Jam part of the conference, RIM will be giving away 2,000 BlackBerry 10 prototype handsets to developers making it a very important conference.
RIM infringed on six of NXP's patents covering things like wireless data transmission range expansion, circuit manufacturing processes and computer bus systems. NXP Semiconductor is seeking an injunction against further infringement, lost profits and treble damages. The suit asks for the latter based on what NXP sees as RIM's willful infringement against its IP.
A rapidly declining stock, a lame duck platform, poor Q4 earnings, upheaval in the executive suite, an untested new OS on the way and now a patent infringement lawsuit. If you believe that bottoms are made when everyone is pessimistic and all of the news is bad, this might just be the the time that we look back on in 6 to 9 months when RIM is once again making waves in the smartphone market.
5. droidnator (Posts: 87; Member since: 10 Mar 2011)
That's what I thought, and that's why I came to read it! Catchy!
2. roscuthiii (Posts: 1785; Member since: 18 Jul 2010)
Looks like this suit should be tossed out post-haste. I can't see this as being anything more than a money grab before the well dries up.
3. Droid_X_Doug (Posts: 5605; Member since: 22 Dec 2010)
And why did NXP wait until now to file their lawsuit?
7. andrew1953 (Posts: 174; Member since: 13 Nov 2011)
They'll regret this. I think the new CEO seems to be doing a good job of reorganising RIM's business. I have been very happy with OS 2.0 on my Playbook and the new Mini Keyboard. Playbook should have come with these at the start but atleast now they're here . A lot of the criticism of RIM seems peurile and petty in the extreme. Nokia were down but have rallied strongly and I am sure RIM can do the same.
8. PAPINYC (Posts: 2237; Member since: 30 Jul 2011)
R.I.M. is innocent. Trust me, they've copied nothing from anyone; one look at their phones proves it.
9. BlacRaZredge (Posts: 36; Member since: 06 Mar 2012)
if rim was smart they would sell the company to someone and get out while they still have a chance.
10. Droid_X_Doug (Posts: 5605; Member since: 22 Dec 2010)
Who would buy RIM? There is a reason RIM's share price is tanking.