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Dynamics Seeks Import Ban on Samsung Smartphones With Payment Feature

Mobile wallet solutions provider Dynamics seeks an import ban on Samsung smartphones with the Samsung Pay feature, it said in a Section 337 complaint filed with the International Trade Commission. Dynamics says the Samsung mobile devices, which include the Galaxy…

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S8, S9 and S10, copy its patented technology for magnetic multifunction emulators and near-field communication technology for executing financial payment transactions. Dynamics asked the ITC to issue a limited exclusion order and cease and desist order banning import and sale of infringing Samsung devices. Samsung hatched a scheme at January 2012 CES to steal the trade secrets of Dynamics and embed the stolen technology in at least 10 models of Galaxy smartphones since the S8, alleged Dynamics in a July 12 complaint (in Pacer) in U.S. District Court in Manhattan (see 1907120024).