ITC Judge Rules TP-Link Violated U.S. Trade Laws By Infringing NETGEAR Patents, By Importing And Selling In The U.S. Its Multi-Band Wi-Fi Devices, Routers And Mesh Networking Devices
Portfolio Pulse from Benzinga Newsdesk
An ITC judge has ruled that TP-Link violated U.S. trade laws by infringing on NETGEAR's patents through the import and sale of multi-band Wi-Fi devices, routers, and mesh networking devices in the U.S.
June 03, 2024 | 1:15 pm
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POSITIVE IMPACT
NETGEAR has won a legal battle against TP-Link, with the ITC ruling that TP-Link infringed on NETGEAR's patents. This could positively impact NETGEAR's market position and stock price.
The ITC ruling in favor of NETGEAR strengthens its patent portfolio and market position, likely leading to a positive short-term impact on its stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100