4-Traders.com - "BlackBerry maker RIM sued by NXP over patents"

GPC's Alexander Poltorak commented on the lawsuit filed by NXP Semiconductors NV against Research in Motion, which has suffered from eroded market share and an 80 percent drop in its share price in the past year. ("BlackBerry maker RIM sued by NXP over patents" 4-traders.com - April 3, 2012)

Article excerpt: NXP demands a halt to the alleged infringements and seeks to recover what it claims as lost profit, reasonable royalties and triple damages for willful infringements.

It has not specified a dollar amount it is seeking from the struggling smartphone maker, whose share price has dropped about 80 percent in the past year as its market share has eroded.

"It's a lawsuit aimed at extracting some money from RIM at a time when RIM is most vulnerable," said Alex Poltorak of General Patent Corp, a firm that provides patent consulting.

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