Connect with us
MARE BALTICUM Gaming & TECH Summit 2024

Latest News

Mecard’s Complete Victory Over Spin Master’s Bakugan Patent in China

Published

on

Reading Time: 1 minute

 

The toy brand Mecard — which is developed with proprietary technology owned by Korean toy company Choirock Contents Factory Co., Ltd. — won a patent infringement lawsuit brought by global toy company Spin Master Ltd. in China.

In 2016, Spin Master filed a patent infringement lawsuit against Mecard in the Guangzhou Intellectual Property Court in China, alleging that Mecard infringed a patent related to Spin Master’s Bakugan toy. In the trial, the Court ruled that Mecard toys do not infringe Spin Master’s Bakugan patent and accordingly dismissed Spin Master’s patent infringement lawsuit. Spin Master appealed, but the Court affirmed the trial decision, making the decision final and not appealable. With no more appeals remaining, and after litigating for nearly three years in China, Mecard has finally won a complete victory with respect to Spin Master’s Bakugan patent. Spin Master’s litigation campaign against Mecard in China has now come to an end.

“Choirock owns patents related to the world’s first mechanism for transforming a toy by lifting up a card, the bottom surface of which is exposed after transformation,” stated a representative of  Choirock, the South Korean company that owns the Mecard intellectual property and patents. “Mecard is the best-selling toy brand in Korea. Choirock has exerted every effort to protect our innovative transforming mechanism around the world and will continue to strengthen our intellectual property. Choirock expects our competitors to respect our intellectual property and will take strong measures against any infringer of Choirock’s intellectual property.”

SOURCE Choirock Contents Factory Co., Ltd.

Blockchain

Online Banking Market to Grow at CAGR of 14.20% through 2033, Key Takeaways of Digital Banking, Banking Ecosystem, Financial Giants & Disruptive Startups

Published

on

online-banking-market-to-grow-at-cagr-of-14.20%-through-2033,-key-takeaways-of-digital-banking,-banking-ecosystem,-financial-giants-&-disruptive-startups
Continue Reading

Blockchain

Linklogis Starts First Quarter with Strong Performance, with the Transaction Volume Reaching RMB96.2 Billion

Published

on

linklogis-starts-first-quarter-with-strong-performance,-with-the-transaction-volume-reaching-rmb96.2-billion
Continue Reading

Blockchain

Cross Border Payments Market to Reach $345.42 Billion by 2033; Rising Volume of International Trade & Services to Propel Growth

Published

on

cross-border-payments-market-to-reach-$345.42-billion-by-2033;-rising-volume-of-international-trade-&-services-to-propel-growth
Continue Reading
Advertisement
Advertisement

Latest News

Recent Listings

  • Global Payout, Inc.

    Since the Company’s inception in 2009, Global Payout, Inc. has been a leading provider of compreh...

  • MTrac Tech Corp.

    MTrac Tech Corporation, a Nevada Corporation, is a privately held, wholly owned subsidiary of Glo...

  • Net1

    Net1 is a leading provider of transaction processing services, financial inclusion products ...

  • uBUCK Technologies SEZC

    Based in Georgetown, Cayman Islands, uBUCK Tech is a fintech enterprise that specializes in digit...

  • LiteLink Technologies Inc.

      LiteLink is a major player in developing world-class enterprise platforms that utilize ar...

  • Good Gamer Corp.

      Good Gamer Corp. is a privately-held technology company focusing on gamers and streamers....

  • BitPay

      Founded in 2011, BitPay pioneered blockchain payment processing with the mission of trans...

  • About Net1

      Net1 is a leading provider of transaction processing services, financial inclusion produc...

  • Blockchain Foundry Inc.

    Headquartered in Toronto, Canada, Blockchain Foundry (CSE:BCFN)(FWB:8BF)(OTC:BLFDF) is a global b...

  • Sixgill

    Sixgill provides a full suite of universal data automation and authenticity products and services...

Trending on TBE