ITC finds Fujifilm infringed Sony's magnetic tape patents

Mar. 25, 2019 5:34 PM ETSONY, FUJIF, FUJIYBy: Jason Aycock, SA News Editor1 Comment
  • Sony (NYSE:SNE) has won a round at the International Trade Commission in a long-running dispute over magnetic tape storage.
  • The ITC says Fujifilm (OTCPK:FUJIY) infringed on two Sony patents and has recommended an import ban on some of its magnetic tape cartridges, Bloomberg reports.
  • That now heads to the Trump administration, which could overturn it on policy grounds.
  • Last year, the body issued an import ban against Sony's storage tapes, though Sony says it has designed around Fujifilm's patents in the case.
  • After hours: SNE +0.4%.

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