Creative wins S$36 million in lawsuit against China's Huawei

Creative Technology said it won a lawsuit against Chinese tech company Huawei, with the latter paying S$36 million in damages.

Creative Technology
Creative Technology's head office in Singapore. Reuters

Singapore-based electronics firm Creative Technology said it won a lawsuit against Chinese tech company Huawei, with the latter paying S$36 million in damages.

Creative Technology and its subsidiary QMax had sued Huawei for the collapse of a nationwide wireless broadband network in 2012.

Both Creative and its unit had sought to recover damages and losses suffered in relation to the wireless broadband project against the vendor Huawei.

The court on Wednesday held that Huawei was "liable for misrepresentation and was grossly negligent", and terminated its counterclaim seeking relief.

The Court ordered Huawei to pay Creative Technology and QMax the approximate sums of US$9.3 million and S$15.6 million with interest, totalling about S$36 million, the company said in a statement.

Creative Technology has requested for a trading halt on its shares, which last traded at S$1.05. The company has a market capitalization of about S$79 million.

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