Xiaomi sued for alleged patent infringement ahead of blockbuster IPO

Chinese smartphone maker Coolpad Group said its unit has sued three group firms of Xiaomi, which last week filed for a Hong Kong IPO that could be worth up to $10 billion, for patent infringement.

Coolpad said in a statement late on Thursday its subsidiary, Yulong Computer Telecommunication Scientific (Shenzhen) filed a lawsuit against Xiaomi Telecom Technology, Xiaomi Technology and Xiaomi Factory in a court in Jiangsu province for using its patent without authorization.

Yulong demanded that the Xiaomi companies should immediately stop production and sale of some smartphone models, including the Mi MIX2, Coolpad said.

source: https://www.cnbc.com/2018/05/11/xiaomi-sued-for-alleged-patent-infringement-ahead-of-blockbuster-ipo.html