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It never rains for Sony

Admire Moyo
By Admire Moyo, ITWeb news editor
Johannesburg, 02 Jun 2011

It never rains for Sony

Reuters.

“Under our agreement with Sony, we have the right to examine and audit Sony's records regarding amounts due, as we typically have with all our licensees,” said CEO Robert Young.

The lawsuit is distinct from the patent infringement suit Tessera brought against Sony Corp, Sony Electronics and Renesas Electronics Corp in October, last year.

According to TMCnet, shares of Sony went down over 1% in pre-market trading on news that Tessera has filed a lawsuit against the company.

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