🐂 Not all bull runs are created equal. November’s AI picks include 5 stocks up +20% eachUnlock Stocks

UPDATE 2-Sharp may appeal ruling in patent row with Samsung

Published 06/25/2009, 12:50 AM
Updated 06/25/2009, 12:56 AM

(Changes dateline)

* ITC says Sharp infringed a Samsung patent

* ITC issues exclusion order for some Sharp products

TOKYO/WASHINGTON, June 25 (Reuters) - Sharp Corp said it may appeal a ruling by a U.S. trade panel that said the Japanese electronics maker had violated an LCD patent held by South Korea's Samsung Electronics.

The two liquid crystal display TV makers, locked in a string of suits and countersuits, are also awaiting a ruling by the U.S. International Trade Commission on a separate decision in favour of Sharp earlier this month.

Patent suits, appeals and settlements are often a long prelude to a cross-license agreement.

"We will study the ruling and take necessary steps, including the possibility of an appeal," Sharp said in a statement read by a spokesman, who declined to comment on the possibility of cross-licensing.

Sharp, the world's fourth-largest LCD TV maker, and market leader Samsung are grappling with cut-throat price competition and weak demand for bigger TVs with higher profit margins.

The ITC ruled on Wednesday that Sharp had infringed one Samsung patent, and issued a limited exclusion order banning imports of some Sharp products into the United States.

Earlier this month, an administrative law judge reporting to the commission had ruled in a separate case that Samsung had violated four of Sharp's patents, and recommended that the ITC ban imports to the U.S of the infringing Samsung products.

Sharp first sued Samsung over liquid crystal display patent violations in 2007 in a Texas court, and Samsung promptly countersued in both Texas and in Delaware.

The case is: Investigation No. 337-TA-631. International Trade Commission. (Reporting by Mayumi Negishi in TOKYO and Diane Bartz in WASHINGTON; Editing by Chris Gallagher)

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.