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Netac Technology

Controversies

Controversies tied to this brand in public sources. A listing is not a finding of fault.

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  1. 2024

    Netac Technology ordered by Shenzhen regulator to correct irregular trade revenue and prepayment accounting; chairman and others receive warning letters

    A Shenzhen Securities Regulatory Bureau inspection found that Netac Technology's recognition of trade revenue and accounting for prepayments and inventory were irregular, and ordered the company to rectify; it issued warning letters to Zhou Fuchi, Du Tiejun, Liao Xianfu, and Xu Lisong; in 2025 Zhou Fuchi was also warned and fined RMB 800,000 for illegally trading company shares. Status: regulatory measures. Entities involved: Shenzhen Netac Technology Co., Ltd., Zhou Fuchi. Scope: financial accounting and information disclosure.

  2. 2020

    Court orders Micron to compensate Netac in patent case

    Ruling

    In a patent case brought by Netac, Beijing Intellectual Property Court judgments required Micron to pay Netac RMB 3 million in economic damages and RMB 36,000 in reasonable expenses. The report says Jiahe Yimei was also ordered to pay reasonable expenses.

    Source excerpt

    • 根据判决书,美光需要向朗科赔偿经济损失合计300万元,以及合理支出3.6万元;嘉合忆美赔偿合理支出17176元。
    • 2020年5月6日,朗科收到北京知识产权法院送达的六份《民事判决书》。
    • 起诉美光消费产品集团公司、北京京东叁佰陆拾度电子商务有限公司、深圳市嘉合忆美电子有限公司、深圳中恒旗众科技有限公司侵犯其发明专利权