litigation
confidence high
sentiment positive
materiality 0.75
Federal Circuit affirms ITC ban on import/sale of Roku products infringing UEI patent
UNIVERSAL ELECTRONICS INC
- U.S. Court of Appeals for the Federal Circuit upheld ITC ruling that Roku infringes six claims of UEI's patent 10,593,196.
- Ban on importation and sale of infringing Roku streaming products in the U.S. until patent expires in 2032.
- UEI can now pursue money damages in U.S. District Court against Roku and its TV partners.
- The Federal Circuit confirmed validity of UEI's patent and existence of substantial domestic industry.
- UEI holds over 600 issued or pending U.S. patents; QuickSet Cloud licensed by leading consumer electronics brands.