FILE PHOTO: An advertisement board on RusHydro's JSC Institute Hydroproject building displays a Samsung advertisement in Moscow, Russia January 17, 2018. REUTERS/Maxim Shemetov
MOSCOW (Reuters) -A Russian court has barred Samsung Electronics from importing and selling 61 models of smartphones in Russia over an intellectual property lawsuit pertaining to its Samsung Pay system, the RIA news agency reported on Thursday.
The lawsuit filed by Switzerland-based company SQWIN SA claims that Samsung Pay infringes on its electronic payment system patent registered in Russia.
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