MEDIA-Qualcomm and Philips Accuse China's Transsion Holdings of Intellectual Property Infringement--FT

China's Transsion Holdings is facing lawsuits from Qualcomm and Koninklijke Philips N.V. for alleged intellectual property infringement. Qualcomm has filed a lawsuit against Transsion in India and has made patent infringement claims in Europe and China. Transsion has expressed willingness to resolve the issue through friendly negotiations. Koninklijke Philips N.V. has also filed an intellectual property lawsuit against Transsion in India. Transsion respects the intellectual property rights of third parties but has not made specific comments on the Philips case. This information is sourced from the Financial Times, and Reuters has not verified it