What’s Happening: Hesai Group, a global leader in three-dimensional light detection and ranging (LiDAR) solutions, is disputing the patent infringement lawsuits recently filed by Ouster, Inc. with the U.S. International Trade Commission and the U.S. District Court for the District of Delaware. The company insists its LiDAR technology is the result of years of independent research, development, and engineering and plans to vigorously defend itself against these allegations.
Why It Matters: The outcome of these patent infringement lawsuits could have significant implications for the LiDAR industry. As the global leader in providing LiDAR technology, Hesai Group’s success or failure in defending itself against these allegations could impact the competitive landscape and future innovations in the sector.
Key Points:
- Hesai Group currently holds over 300 patents and has 700 pending patent applications worldwide.
- The company values and respects valid intellectual property rights and plans to defend itself against any allegations it deems improper or lacking merit.
- Hesai’s Co-Founder and CEO, Yifan (David) Li, asserts that Ouster’s complaints are deeply flawed and lack merit, emphasizing the importance of the company’s intellectual property to its success.
- Hesai has been a pioneer in the LiDAR industry, delivering more than 130,000 units since its inception and over 80,000 units in 2022 alone.
- The company’s 2022 LiDAR revenues and unit deliveries exceeded the cumulative totals for the eight other U.S. listed LiDAR companies combined.
Bottom Line: Hesai Group is determined to defend itself against Ouster’s patent infringement allegations, insisting its LiDAR technology is the result of independent research and development. The outcome of these lawsuits could impact the future of the LiDAR industry and affect the competitive landscape among major players. As a global leader in the sector, Hesai’s response to these allegations will be closely monitored by industry stakeholders and competitors alike.
