3M Dismisses Lenovo from ITC Investigation over Lithium Ion Battery Cathode Patents

3M has dismissed Lenovo Group Ltd. and Lenovo Inc. from the
International Trade Commission's (ITC) patent investigation of
infringing lithium ion batteries in light of recent settlement
agreements 3M reached with two of Lenovo's lithium ion battery
suppliers.

3M reached settlements with Matsushita Electric Industrial Co.
Ltd. and Sony Corp. whereby they have become licensed sources of
lithium ion batteries. 3M has dismissed Lenovo from the ITC
investigation based on Lenovo's certification that all of the lithium
ion batteries it imports into the U.S. containing
nickel-manganese-cobalt cathode materials are manufactured under
license from 3M.

Lithium ion batteries are a preferred source of power for laptop
computers, mobile phones and portable electronic devices, and are an
emerging source of power for battery-powered hand tools and transport
applications such as hybrid electric vehicles.

3M's cathode materials containing nickel, manganese and cobalt are
an important technology for current and next generation lithium ion
batteries. 3M supplies these patented cathode materials to the
industry.

Over the past decade, 3M has invested significant resources in
design, development and commercialization of advanced material
technologies for lithium ion battery applications. 3M's expertise and
broad materials capabilities in cathodes, metal alloy anodes,
electrolyte salts, solvents, and additives can enable the next
generation of high-performance lithium ion batteries.

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