UPDATE: ITC to Open Probe on Samsung, Huawei, Others on InterDigital (IDCC) Complaint
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(Updated - January 31, 2013 1:53 PM EST)
InterDigital (Nasdaq: IDCC) shares are active in Thursday afternoon trading amid news that the U.S. International Trade Commission (ITC) would be looking into a complaint by the company alleging patent infringement.
The ITC officially opened a probe into the likes of Samsung, Nokia (NYSE: NOK), ZTE and Huawei. The probe stems from InterDigital's complaints that the companies infringed on patents related to 3G and 4G technologies.
InterDigital filed the complaint on January 2nd.
The official ITC document can be viewed here. Shares of InterDigital are up 0.2 percent on the session, well off of intraday highs.
InterDigital (Nasdaq: IDCC) shares are active in Thursday afternoon trading amid news that the U.S. International Trade Commission (ITC) would be looking into a complaint by the company alleging patent infringement.
The ITC officially opened a probe into the likes of Samsung, Nokia (NYSE: NOK), ZTE and Huawei. The probe stems from InterDigital's complaints that the companies infringed on patents related to 3G and 4G technologies.
InterDigital filed the complaint on January 2nd.
The official ITC document can be viewed here. Shares of InterDigital are up 0.2 percent on the session, well off of intraday highs.
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