Applied Optoelectronics Amends Patent Infringement Lawsuit
Portfolio Pulse from Benzinga Newsdesk
Applied Optoelectronics, Inc. (NASDAQ:AAOI) has amended its previously filed patent infringement lawsuit, alleging that certain 100G QSFP28 PSM4, 100G QSFP CWDM4, and 400G QSFP-DD DR4+ products infringe one or more of six AOI patents.
October 02, 2023 | 11:06 am
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Applied Optoelectronics has amended its patent infringement lawsuit, potentially affecting its legal and financial standing.
The amendment of the lawsuit indicates that Applied Optoelectronics believes there are additional infringements on its patents. This could potentially lead to increased legal costs and potential financial gains or losses depending on the outcome of the case. However, the impact on the stock price in the short term is uncertain as it will depend on the market's perception of the lawsuit and its potential outcome.
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