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Home › Posco to pay Nippon Steel & Sumitomo Metal to settle technology theft case

 

Posco to pay Nippon Steel & Sumitomo Metal to settle technology theft case

2015-09-17 15:47:22| Steel - Topix.net

South Korean Steelmaker Posco is expected to pay 30 billion Japanese yen to Nippon Steel & Sumitomo Metal Corp. to settle a technology theft case concerning the latter's technology for high-function steel sheets, reports The Japan News. Nippon Steel & Sumitomo Metal Corp.is looking to gain JPY 98.6 billion for damages as part of the lawsuit with the Tokyo District Court.

Tags: case technology pay metal

Category:Materials

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