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AEM Holdings Ltd. ( (SG:AWX) ) has shared an update.
AEM Holdings Ltd. has been accused by Advantest Test Solutions, Inc. of patent infringement related to specific wafer level test systems. AEM denies these allegations, citing its own extensive patent portfolio and has engaged legal counsel to defend against the claims. The dispute follows a previous arbitration settlement in July 2023. Importantly, AEM states that the complaint will not impact its business operations or revenue guidance, maintaining its ability to serve customers effectively.
The most recent analyst rating on (SG:AWX) stock is a Hold with a S$2.00 price target. To see the full list of analyst forecasts on AEM Holdings Ltd. stock, see the SG:AWX Stock Forecast page.
More about AEM Holdings Ltd.
AEM Holdings Ltd. operates in the technology industry, focusing on providing advanced test solutions. The company offers a range of products and services related to semiconductor and electronics testing, with a market focus on enhancing testing efficiency and accuracy.
Average Trading Volume: 4,536,701
Technical Sentiment Signal: Buy
Current Market Cap: S$639.3M
Learn more about AWX stock on TipRanks’ Stock Analysis page.