DSS Inc. Wins Patent Dispute With Nichia Corporation
Portfolio Pulse from Benzinga Newsdesk
DSS, Inc. (NYSE:DSS) successfully defended its ‘040 Patent against Nichia Corp.'s challenge in the Court of Appeals for the Federal Circuit. The court upheld a previous USPTO decision affirming the patent's validity. DSS plans to pursue Nichia for patent infringement damages related to its LED product line.
November 14, 2023 | 1:11 pm
News sentiment analysis
Sort by:
Descending
POSITIVE IMPACT
DSS Inc. won a patent dispute against Nichia Corp., with the Federal Circuit Court upholding the patent's validity. DSS intends to seek damages for patent infringement.
The court's decision to uphold the validity of DSS's patent is a significant legal victory that could lead to financial gains through potential infringement damages. This positive outcome is likely to be viewed favorably by investors and could lead to a short-term increase in DSS's stock price.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100