Canon Arrogantly Claims It Will Win SED TV Battle

Full story at smarthouse.com.au

David Richards – Tuesday, 6 March 2007

Displaying typical Canon arrogance Company Chairman Fujio Mitarai has claimed that he expects his company to win a patent-related dispute in the United States and pursue its plan to enter the flat-panel television market.


“I don’t think we will lose” in the continuing litigation brought by Nano-Proprietary.  Mitarai said during a meeting with analysts in Japan. This is despite the fact that a US recently slammed the Company in a US court hearing. Many analysts tip that Canon will not win the case against Nano-Propietary however there is a chance that Canon may be able to buy their way out of an embarrasing situation which has been caused more by Canon arrogance than good business sense say people close to the case.

According a Canon company spokesman. Texas-based Nano-Proprietary in December cut off its licence agreement with the Japanese electronics giant for trying to share the patents with Toshiba and other firms. Currently Canon and Nano-Proprietary are trying to work out a settlement before the U.S. court rules on damages due to the U.S. firm, according to people familiar with the negotiations.

Canon is set to face massive damages payouts over it’s plans to enter the SED TV market. It is also tipped that Canon in Japanese style will find an excuse to suddenly say that SED TV is no longer viable a situation that Toshiba welcomes as they plan to continue with SED TV technology, possible with another production partner.

Technorati Tags: , TV,

Share and Enjoy:
  • blinkbits
  • BlinkList
  • blogmarks
  • co.mments
  • connotea
  • del.icio.us
  • De.lirio.us
  • digg
  • Fark
  • Furl
  • LinkaGoGo
  • Ma.gnolia
  • NewsVine
  • Netvouz
  • scuttle
  • Spurl
  • YahooMyWeb