Sunday, January 25, 2015
Search
  
Submit your own News for
inclusion in our Site.
Click here...
Breaking News
Sony Postpones Earnings Announcement
January Windows 10 Build Released Through The Windows Insider Program
Flexible Computers Are Stil Away From Reality
China Denies Microsoft Outlook Hacking Allegations
A Look at Microsoft's New Spartan Browser
JOLED Joint Venture Company Established
Samsung Engineers Develop Wearable Sensor for Stroke Detection
Skype To Be Part Of Windows 10
Active Discussions
HELP!!!
full screen wide screen
UDF errors
Hi
The Simplest Way to Download KODAK HERO 7.1 Driver
About the restriction problem of chapter quantity in DVD
Booktype utilities for LiteON and OEM DVD Recorders
downgrade a nero vision 5 project to nero vision 2
 Home > News > Consumer Electronics > Epson T...
Last 7 Days News : SU MO TU WE TH FR SA All News

Tuesday, July 31, 2012
Epson To Pay Motorola $150 Million


Seiko Epson's subsidiary Epson Imaging Devices Corp. has agreed to settle for US$150 million civil litigation in the United States brought by Motorola Mobility over pricing of liquid crystal displays.

The litigation against Epson Imaging and another Epson affiliate sought damages stemming from the purchase and sale of liquid crystal displays.

As a result of the abovementioned settlement and settlements of other lawsuits, Epson said it would record an extraordinary loss of 13,320 million yen in the first quarter of the current fiscal year. In light of this and recent business trends, the company will also revise its first half and full year outlooks.

In October 2009, Motorola, Inc. filed a lawsuit in the United States on behalf of itself and a number of its affiliates against Epson Imaging and another Epson affiliate alleging violations of antitrust and competition laws. In 2011, Motorola Mobility LLC was substituted as the plaintiff in the action.

Epson Imaging has vigorously defended the lawsuit. After consideration of the expense of continuing litigation and other factors, however, Epson Imaging determined that settlement of the litigation is in its best interests.


Previous
Next
Renesas To Receive $633 Million Support From Its Shareholders        All News        OLED TVs Will Likely Remain A Statement Of Status In 2013
Hulu Plus Arrives on Apple TV     Consumer Electronics News      OLED TVs Will Likely Remain A Statement Of Status In 2013

Get RSS feed Easy Print E-Mail this Message

Related News
Motorola Returns to China with Moto X, Moto X Pro and Moto G
Find Your Phone With The Motorola Keylink
Android Lollipop Rolling Out to Moto X, Moto G
Moto 360 Gets New Straps, Watchface Designer and Fitness Hub
Motorola Becomes Part Of Lenovo
Motorola DROID Turbo Smartphone Charges In Minutes
Motorola Droid Turbo Rocks With Impressive Specs
Motorola Launches Moto 360 Smartwatch, New Moto X, Moto G Smartphones, And The Moto Hint
Motorola Said To Make Google's Next Phablet
New 64GB Moto X Available for $449
Android KitKat Rolls Out to Moto Devices
Motorola Plans to Shutter Texas Factory

Most Popular News
 
Home | News | All News | Reviews | Articles | Guides | Download | Expert Area | Forum | Site Info
Site best viewed at 1024x768+ - CDRINFO.COM 1998-2015 - All rights reserved -
Privacy policy - Contact Us .