The DVD6C Licensing Group (DVD6C), consisting of nine leading developers of DVD technology, has announced that their authorized licensor, Toshiba Corporation, won an arbitration to collect royalties due from ChangZhou Xingqiu Electric Co, Ltd, a Chinese manufacturer of consumer DVD players, under the DVD6C patent licence.
The arbitral tribunal awarded Toshiba unpaid royalties and interest totaling over $4.4 million, plus continuing interest at a rate of 2% per month until the award is paid in full. The unpaid royalties awarded consisted of reported, unreported and underreported royalties due. This arbitration is part of a continuing global initiative by the DVD6C Licensing Group to collect unpaid royalties due under the DVD6C patent licence.




