American home sales reach three-year minimum
In December, American home sales slipped to their lowest value for three years…
America will probe German and Japanese car makers over alleged patent violations
America’s on the verge of starting an investigation into whether thermoplastic components utilized in some Japanese as well as German vehicles sold in the country violate its patent laws or not. That’s what trade authorities informed the previous week.
On Friday, the US International Trade Commission listed up to 25 companies in the probe, such as Toyota Motor Corporation, BMW, Honda Motor Co Ltd as well as Japanese parts suppliers Denso Corporation and Aisin Seiki Co Ltd.
The patent holding company Intellectual Ventures II turned to be the initiator of the probe. In March that company filed a complaint alleging that thermoplastic parts employed in water pumps, engines, electronic power steering units as well as other powertrain parts made by or utilized in vehicles sold by the companies infringe on its patents.
Utilized in parts, coming in contact with high-temperature car components, thermoplastics happened to be more durable and lightweight compared with other materials utilized in vehicle powertrains, thus helping to increase the overall efficiency and also enhance fuel economy.
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