Cerence Files Patent Infringement Suit Against Samsung
Portfolio Pulse from Benzinga Newsdesk
Cerence Inc. has filed a patent infringement lawsuit against Samsung Electronics Co., Ltd and Samsung Electronics America, Inc. The lawsuit covers Cerence's core technologies including voice recognition, handwriting recognition, and wake-up words. Cerence plans to vigorously defend its intellectual property rights.
October 13, 2023 | 5:22 pm
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POSITIVE IMPACT
Cerence has filed a patent lawsuit against Samsung, which could potentially lead to financial gains if they win.
The lawsuit could potentially lead to financial gains for Cerence if they win, which would positively impact their stock.
CONFIDENCE 80
IMPORTANCE 75
RELEVANCE 100
NEGATIVE IMPACT
Samsung is facing a patent lawsuit from Cerence, which could lead to financial losses if they lose.
The lawsuit could potentially lead to financial losses for Samsung if they lose, which would negatively impact their stock.
CONFIDENCE 80
IMPORTANCE 75
RELEVANCE 100