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The Shanghai High People's Court Concludes Trial in Shanghai Xiao-i's Patent Infringement Lawsuit against Apple
Xiao-I (NASDAQ: AIXI) has provided an update on its VIE's ongoing patent infringement lawsuit against Apple. The case, filed by Shanghai Xiao-i Robot Technology Co., in the Shanghai High People's Court, alleges that Apple's Siri infringes on Shanghai Xiao-i's intelligent assistant patent (ZL200410053749.9). The trial, which began on August 3, 2020, has officially concluded on July 31, 2024, with a verdict pending.
Key developments include:
Shanghai Xiao-i filed for an injunction against Apple in September 2021
Apple filed a countersuit in February 2023
The Beijing Intellectual Property Court upheld the validity of Shanghai Xiao-i's patent on June 28, 2024
This lawsuit is significant for Xiao-I, as it conducts most of its operations through Shanghai Xiao-i, its variable interest entity in China.
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