Market Chatter: Xiaomi Denies Violating Gree's Smart Electric Fan Patent

MT Newswires Live07-11

Market Chatter: Xiaomi Denies Violating Gree's Smart Electric Fan Patent Xiaomi (HKG:1810) said it did not directly infringe on Gree Electric Appliances' (SHE:000651) patent for a smart electric fan, ...

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Xiaomi owns 8% of Dream Maker.The Chinese Supreme People's Court ruled that Xiaomi's electric fan infringed on Gree's patent, and required supplier Dream Maker to pay 1.9 million yuan in damages and halt production, the report said.Gree clarified that Dream Maker was the actual defendant. Although the fan has been removed from Xiaomi's official stores, it is still available on JD.com (HKG:9618), Yicai said.(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)Price (HKD): $16.68, Change: $+0.56, Percent Change: +3.47%","kind":"live","is_publish_news":false,"is_publish_highlight":false,"is_publish_live":true,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.29.3","shortVersion":"4.29.3","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2450358267"}