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Will a Favorable Trade Tribunal Patent Verdict Aid ERIC Stock?
ERICEricsson(ERIC) ZACKS·2024-12-18 15:11

Ericsson (ERIC) has secured a favorable verdict from the U.S. International Trade Commission that validated the authenticity of its patent-infringement claim by China-based Lenovo. The trade tribunal observed that Lenovo's Motorola Mobility infringed on patents owned by Ericsson, potentially opening the doors for a possible import ban on such smartphones.Ericsson filed a patent lawsuit last year in Washington, alleging that Moto G, Edge and Razr models of Lenovo had infringed patents related to wireless com ...