litigation
confidence high
sentiment negative
materiality 0.60
UPC rules IPG's AMB lasers infringe Trumpf patent; <1% of sales affected
IPG PHOTONICS CORP
- UPC Mannheim Local Division found certain AMB laser designs infringe European Patent 2,951,625.
- Ruling applies to seven UPC member states including Germany, France and Italy.
- Affected products represent less than 1% of IPG's total sales.
- IPG disagrees and plans to appeal to the UPC Court of Appeal.
- Remedies (injunction, recall, damages) to be determined at a later stage.