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Hitachi Metals' patents contribute to less than 20% of China's magnet market, top court finds

By MLex Staff ( February 27, 2024, 05:10 GMT | Insight) -- Hitachi Metals, now Proterial, lacked significant market power in China because magnet products produced using the Japanese metals company's patents accounted for less than 20 percent of the local relevant market, China's top court has said. Its verdict helped clarify that Hitachi Metals' patents weren't as powerful as they appeared to Chinese manufacturers.Hitachi Metals, now Proterial, lacked significant market power in China because magnet products produced using the Japanese metals company's patents accounted for less than 20 percent of the local relevant market, China's top court has said....

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