Kingsoft and Xiaomi have set up a USD 35 million fund to invest in intellectual property in China. The initiative is a response to regulatory changes affecting tech patent strategies, enabling both companies to enhance their IP holdings.
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Ongoing patent battle won’t effect pricing : Xiaomi
Xiaomi’s patent dispute in India with Ericsson led to a temporary sales ban, but Qualcomm-powered devices can still be sold. The company assures that ongoing legal challenges will not affect the pricing of its smartphones in India. Xiaomi remains committed to launching competitively priced products while enhancing its risk management strategies.
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