Tagged ‘US International Trade Commission’

HTC shares slide six percent: relax, the ITC ruling is far from finalQuick to jump the gun, HTC shares fell more than six percent Monday morning. The stock slide was a clear result of Friday’s announcement that the US International Trade Commission (ITC) had issued a preliminary ruling in favor of Apple in a patent infringement case which may prevent the import of HTC smartphones. A preliminary ruling is by no means a closed case so let’s sit back, relax and take a look at the facts.

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