KLSE (MYR): SALUTE (0183)
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Last Price
0.72
Today's Change
-0.015 (2.04%)
Day's Change
0.715 - 0.73
Trading Volume
1,342,300
*Salute Bhd update*
*Date : 17 March 2024*
*Further insights into the trial of Salute vs Apple*
1. The focus of Apple’s lawyers since the start of the trial on 11 March 2024 is to *establish that there is no infringement on the pairing patent by Apple* because Apple is operating on a very *sophisticated and complex system* ( which is the IOS) and can bypass Salute pairing patent . If Apple case successfully establishes this fact, there is no case against Apple
2. However, after 4 days of grilling the 3 witnesses of Salute ( on firmware, software and expert opinion) , Apple *still fails * to establish there is *no infringement*.
This has strengthened the Salute’s case against Apple significantly.
3. Next week- Mon & Tuesday ( 18 & 19 March) - Apple lawyers will use *invalidity* of the patent ( based on prior art) to fight salute.
Historically , it’s *difficult* to *invalid* a patent especially this pairing patent is granted by US patent office for 12 years up to 2032 + recognised in 11 countries
4. Apple’s expert will be grilled by salute’s lawyers from 20 - 22 March 24.
In my *opinion* , the *failure* of Apple lawyers to discredit the 3 witnesses and to establish non-infringement of patent in the 4 days of trial has *improved* Salute winning chance from 50 : 50 to 51 : 49 .
2 months ago
Chia Chee Hong (Corporate lawyer at Rahmat Lim & Partners) literally bought 1 million shares before the surge in share price. Haha
2 months ago
Luckily it didn't trigger my cut loss price 😌 got took some profits at 82 cents there
2 months ago
Who has the ability to sue apple so their technology shld compatibility to world class.....
2 months ago
Apple was sued in US as well 😄 https://www.dailyexpress.com.my/news/231126/us-sues-apple-for-iphone-monopoly/
2 months ago
Chia Chee Hong insider trading again? Lawyer buying shares before IP case judgment. LOL
1 month ago
Walao look like Salute no even intend to go court… how come no announcement on this???
https://efs.kehakiman.gov.my/EFSWeb/DocDownloader.aspx?DocumentID=28c63736-8b5f-4a80-bd81-322fd4d4c3f7&Inline=true
3 weeks ago
Today got announcement
https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3445079
3 weeks ago
mf
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