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Report: Broadcom loses ITC case against Sigma, Vizio

Sep. 19, 2018 5:15 PM ETBroadcom Inc. (AVGO) StockSIGM, AVGO, VZIOBy: Jason Aycock, SA News Editor
  • Broadcom (NASDAQ:AVGO) has lost a battle at the International Trade Commission, which decided that Sigma Designs (NASDAQ:SIGM) and Vizio (VZIO) didn't infringe on two Broadcom patents on chips used in Vizio TVs, Bloomberg reports.
  • The ITC upheld a trade judge's findings in the case, which focuses on the use of system-on-chip semiconductors made by Sigma.
  • Broadcom wanted an import ban on any consumer audiovisual products that it said used its technology without permission.
  • Broadcom launched a case at the ITC in March 2017. LG, Funai and MediaTek reached settlements with the chipmaker along the way.

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