Neonode Inc. Announces Anticipated Financial Proceeds from Patent Lawsuit Settlement

Reuters09-04
<a href="https://laohu8.com/S/NEON">Neonode Inc</a>. Announces Anticipated Financial Proceeds from Patent Lawsuit Settlement

Neonode Inc. has announced its expected financial gains from a settlement in a patent lawsuit involving Samsung Electronics Co. Ltd. The lawsuit, filed by Aequitas Sub, a subsidiary of Aequitas Technologies LLC, pertained to alleged infringement of patents previously assigned by Neonode to Aequitas in 2019. Although Neonode was not directly involved in the lawsuit, it is entitled to receive 50 percent of any net proceeds from the settlement based on an Assignment Agreement with Aequitas. The case was dismissed following the settlement between Aequitas Sub and Samsung. Meanwhile, another patent infringement lawsuit by Aequitas Sub against Apple Inc. remains ongoing.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Neonode Inc. published the original content used to generate this news brief via PR Newswire (Ref. ID: IO65105) on September 03, 2025, and is solely responsible for the information contained therein.
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