Apple Loses Bid for Emergency Ban on HTC Phone Imports
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Bloomberg) HTC Corp. (2498) can continue to bring its newest smartphones into the U.S. while a trade agency investigates whether the phones violate an order that the Taiwanese company stop infringing an Apple Inc. (AAPL) patent.
The U.S. International Trade Commission yesterday instituted an investigation into Apples claim that HTC continues to infringe a patent in violation of an order issued in December. The agency denied an emergency request to have the HTC phones, including the One X and EVO 4G LTE, detained at the U.S. border. Notice was posted on the agencys electronic docket.
HTCs phones were held up at the border in May, delaying plans by Sprint Nextel Corp. (S) to sell the HTC EVO 4G. The phones, made in Taiwan, were allowed into the U.S. after HTC assured U.S. Customs and Border Protection that it had worked around the Apple patent.
Shares of the Taiwanese company added 0.8 percent to NT$393.50 as of 9:18 a.m. in Taipei, heading for its highest close in almost four weeks. The benchmark Taiex (TWSE) index climbed 0.3 percent. .................(more)
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