NHK Takes Bold Legal Action Against IBM for Massive Contract Dispute
NHK has filed a lawsuit against Japan IBM for ¥5.4 billion over a failed system development contract. The legal action was taken on April 4, 2024, following IBM's proposal for…
The tech industry refers to the sector of the economy that focuses on the development, production, and distribution of technology products and services. This includes a wide range of fields such as information technology, software development, hardware manufacturing, telecommunications, and electronics. The tech industry drives innovation and influences various aspects of daily life, including communication, entertainment, healthcare, and education. Companies within the tech industry may range from small startups to large multinational corporations, and they often emphasize research and development to create new technologies and improve existing ones. Key characteristics of the tech industry include rapid change, high competition, and a significant emphasis on intellectual property and digital infrastructure.
NHK has filed a lawsuit against Japan IBM for ¥5.4 billion over a failed system development contract. The legal action was taken on April 4, 2024, following IBM's proposal for…