On December 31, 2020, Guangzhou Yuexiu District Court decided on
a trademark infringement and unfair competition case in favor of
Seiko Holdings Corp. The court found that the three defendants,
Hunan Day Farce Seiko Precision Technology, Guangxi Timerise-Seiko
Precision Technology and Guangzhou Qianding Import and Export
Trading, infringed the trademark rights Nos. 97127, 159371,
8016040, and 11347165 of Seiko Holdings Corp. They were ordered to
destroy the inventory of infringing goods and advertising
materials, and molds for manufacturing the infringing products and
infringing marks.
The court further ruled that the defendants acts also constituted
unfair competition and shall immediately stop using the company
names containing the words "精工" and
"SEIKO", and change their company names within 30
days.
During trial, the defendants refused to provide accounting records
and profit margins for calculating damages. The court used the
revenue and costs for the industry of instrumentation manufacturing
published by the National Bureau of Statistics and calculated the
illegal profits of the defendants which are slight higher than the
plaintiff's claim, RMB 10 million (USD1.54 million).
Therefore, the court fully supported this claim.
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