Xiao-I Corporation Provides Update on First-Instance Rulings in Patent Litigation Against Apple; Company Intends to Appeal to the Supreme People's Court
Rhea-AI Summary
Xiao-I (NASDAQ:AIXI) reported first-instance rulings in its patent litigation with Apple over Siri technology before the Shanghai High People's Court.
The court dismissed Shanghai Xiao-I's infringement claims and ruled specified iPhones with Siri are outside the patent scope, while rejecting Apple's RMB 2 million litigation-expense claim. Xiao-I will appeal to the Supreme People's Court; patent validity remains finally upheld.
Positive
- Supreme People's Court previously upheld subject patent validity as final
- Apple's RMB 2 million litigation-expense claim was rejected
- Company plans appeal to further assert intellectual property rights
Negative
- Shanghai court dismissed all Xiao-I Siri patent infringement claims
- Court ruled specified iPhones with Siri outside patent protection scope
- Uncertainty over appellate outcome and potential financial compensation
News Market Reaction – AIXI
In the Jun 22 session, AIXI declined 51.12%, reflecting a significant negative market reaction.
Data tracked by StockTitan Argus on the day of publication.
Key Figures
Historical Context
| Date | Event | Sentiment | 24h Move | Catalyst |
|---|---|---|---|---|
| Jun 03 | Nasdaq compliance | Positive | -10.5% | Regained full compliance with Nasdaq continued listing standards after prior deficiencies. |
| May 06 | ADS ratio change | Negative | -3.2% | Announced ADS ratio change equivalent to a one-for-twenty reverse ADS split. |
| Apr 23 | Planned ADS split | Negative | -29.6% | Outlined plan to implement reverse ADS split via ADS ratio change to maintain listing. |
| Mar 31 | Patent validity win | Positive | +18.2% | Supreme People's Court upheld validity of core patent in Apple dispute as final. |
| Dec 23 | Nasdaq deficiencies | Negative | +1.5% | Received Nasdaq deficiency notices for minimum bid price and market value of public float. |
24h Move is the share-price change in the day after each event; other market factors may also have contributed.
Recent news for AIXI often triggers sizable moves, with both positive and negative headlines sometimes met by sharp, non-intuitive price reactions.
Key Terms
variable interest entity regulatory
invention patent regulatory
confirmation of non-patent-infringement regulatory
attorney fees regulatory
AI-generated analysis. How Rhea-AI works. Not financial advice.
On June 10, 2026, the Shanghai High People's Court issued first-instance judgments on two parallel cases:
- Invention Patent Infringement action (Case No. (2020) Hu Zhi Min Chu No. 7): The court dismissed all litigation claims filed by Shanghai Xiao-I, in which the Company alleged that Apple's Siri technology infringed Shanghai Xiao-I's invention patent titled "A Chat Robot System" (Patent No. 200410053749.9).
- Confirmation of non-patent-infringement action (Case No. (2022) Hu Zhi Min Chu No. 3): The court ruled that the specified iPhone models equipped with Siri do not fall within the protection scope of the subject patent. The court also rejected Apple's claim for
RMB 2 million in compensation for reasonable litigation expenses, including attorney fees, translation fees and notarization fees.
As previously disclosed on March 31, 2026, the Supreme People's Court of
The Company is disappointed with the first-instance rulings on infringement findings. The Company respectfully disagrees with the factual and legal findings reflected in the first-instance judgments and believes substantial grounds exist for appeal. The Company intends to formally lodge appeals with the Supreme People's Court within the statutory time limit. The Company will vigorously assert its legitimate intellectual property rights and interests in accordance with applicable laws.
While Xiao-I remains confident in the merits of its case, there can be no assurance as to the ultimate outcome of the appellate proceedings. There is no guarantee that the Company will be awarded any financial compensation or obtain a favorable ruling on appeal. Investors are strongly encouraged to conduct their own due diligence and review all relevant information before making investment decisions.
Xiao-I will keep shareholders and the public informed of any material further developments in a timely manner.
About Xiao-I Corporation
Xiao-I Corporation is a leading cognitive intelligence enterprise in China that offers a diverse range of business solutions and services in artificial intelligence, covering natural language processing, voice and image recognition, machine learning, and affective computing. Since its inception in 2001, the Company has developed an extensive portfolio of cognitive intelligence technologies that are highly suitable and have been applied to a wide variety of business cases. Xiao-I powers its cognitive intelligence products and services with its cutting-edge, proprietary AI technologies to enable and promote industrial digitization, intelligent upgrading, and transformation. For more information, please visit: www.xiaoi.com.
Forward-Looking Statements
This press release contains forward-looking statements as defined by the Private Securities Litigation Reform Act of 1995. Forward-looking statements include statements concerning plans, objectives, goals, strategies, future events or performance, and underlying assumptions and other statements that are other than statements of historical facts. When the Company uses words such as "may," "will," "intend," "should," "believe," "expect," "anticipate," "project," "estimate" or similar expressions that do not relate solely to historical matters, it is making forward-looking statements. Forward-looking statements are not guarantees of future performance and involve risks and uncertainties that may cause actual results to differ materially from the Company's expectations discussed in the forward-looking statements. These statements are subject to uncertainties and risks including, but not limited to, the following: the Company's ability to achieve its goals and strategies, its future business development, financial condition, and results of operations, product and service demand and acceptance, reputation and brand, the impact of competition and pricing, changes in technology, government regulations, fluctuations in general economic and business conditions in China, and assumptions underlying or related to any of the foregoing and other risks contained in reports filed by the Company with the U.S. Securities and Exchange Commission ("SEC"). For these reasons, among others, investors are cautioned not to place undue reliance upon any forward-looking statements in this press release. Additional factors are discussed in the Company's filings with the SEC, including under the section entitled "Risk Factors" in its annual report on Form 20-F, as amended by Form 20-F/A filed with the SEC on May 22, 2026, as well as its current reports on Form 6-K and other filings, all of which are available for review at www.sec.gov. The Company undertakes no obligation to publicly revise these forward-looking statements to reflect events or circumstances that arise after the date hereof.
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