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Sharp Corporation Faces Appeal Over Smartphone Patent Infringement

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Sharp Corporation Faces Appeal Over Smartphone Patent Infringement

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An announcement from Sharp Corporation ( (JP:6753) ) is now available.

Sharp Corporation is facing an appeal filed by DAP realize Co., Ltd. concerning a lawsuit over patent infringement related to 16 smartphone models. The Tokyo District Court previously ruled the patent invalid, dismissing the claims, but the appellant has now taken the case to the Intellectual Property High Court, seeking 10 million yen in damages.

The most recent analyst rating on (JP:6753) stock is a Sell with a Yen570.00 price target. To see the full list of analyst forecasts on Sharp Corporation stock, see the JP:6753 Stock Forecast page.

More about Sharp Corporation

Sharp Corporation is a prominent player in the electronics industry, known for manufacturing a wide range of products including smartphones, televisions, and home appliances. The company is listed on the Prime Market of the Tokyo Stock Exchange.

Average Trading Volume: 2,311,426

Technical Sentiment Signal: Sell

Current Market Cap: Yen427.9B

See more data about 6753 stock on TipRanks’ Stock Analysis page.

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