Nippon Steel Corp. has sued trading house Mitsui & Co. for patent infringement at the Tokyo District Court, suspecting that the latter was involved in infringing on its patents on non-oriented magnetic steel sheets that are used in an electric vehicle.
A Mitsui spokesperson admitted that the trading house has received a complaint from Nippon Steel, but it did not make any further comments.\
In October, Nippon Steel filed lawsuits against Toyota Motor Corp. and China's Baoshan Iron & Steel Co. for infringing the said non-oriented magnetic steel sheets patens.
Toyota said in a statement to Reuters in October that the Nippon suit was "very regrettable" and that it had found no patent infringement issues.
Baosteel said it did not agree with Nippon's claims and it would "firmly" defend its rights and interests.


SpaceX Turbine Push Unlikely to Threaten Howmet, Bernstein Says
Nvidia Eyes $2.5 Billion Investment in Thinking Machines Lab
Audi, SAIC Launch China Innovation Hub for New AUDI Models
TikTok, DOJ Reach $400 Million Children’s Privacy Settlement
Prince Harry Faces Potential Multi-Million-Pound Legal Bill in Daily Mail Case
South Korea, US Discuss Chip Investments Amid Tariff Plans
US Tech Giants’ AI Bond Boom Raises Euro Zone Borrowing Risks
Dollar Hits Two-Week High as Iran Conflict Lifts Oil and Bond Yields
Asian Stocks Rise as Bond Yields Ease, Oil Prices Stabilize
Anthropic IPO Marketing Expected to Start in Mid-October
Volkswagen Approves 50,000 More Job Cuts in Major Restructuring
OpenAI Rejects Apple Trade Secret Theft Claims
SEC Seeks ISS Client Voting Records in Proxy Adviser Probe
Uranium Prices Could Top $100 as Nuclear Demand Grows
Asian Currencies Rise as Yen Surges on BOJ Rate Hike Bets
Lynas Rare Earths Shares Rise After Takeover Talks Revealed
Oil Prices Surge as U.S.-Iran Conflict Threatens Hormuz Supply 



