Chinese firm wins patent lawsuit against Schneider

A Chinese low-voltage product company won a patent infringement lawsuit against French Group Schneider Electric and its Chinese sales agent on Saturday, which involves over 330 million yuan in compensation.

A court in east China's Zhejiang Province ordered that Schneider and its authorized distributor Leqing Branch of Star Electric Equipment Co. Ltd. stop illegally selling five models of products, which are based on the technology owned by Chint Group, China's leading manufacturer of low-voltage electrical products.

In addition, Schneider should pay 334.8 million yuan (44.3 million U.S. dollars) to compensate Chint's economic losses, according to the verdict handed down by Wenzhou Intermediate People's court on Saturday afternoon.