Sharp Wins Patent Infringement Appeal Over Smartphone Models in Japan

Sharp Corporation ( (JP:6753) ) has provided an update.

Sharp Corporation has prevailed in an intellectual property lawsuit after the Intellectual Property High Court dismissed an appeal by DAP realize Co., Ltd., which had sought damages over alleged patent infringement by 16 Sharp-manufactured smartphone models. The court’s decision upholds an earlier Tokyo District Court ruling that the asserted patent was invalid, confirms that appeal costs will be borne by the appellant, and leaves Sharp’s consolidated financial results unaffected, signaling legal clarity around the disputed products and removing a potential financial and reputational overhang for the company.

The most recent analyst rating on (JP:6753) stock is a Hold with a Yen803.00 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 Japan-based electronics manufacturer listed on the Tokyo Stock Exchange Prime Market, best known for producing consumer and industrial devices such as smartphones and other electronic equipment, with a strong focus on technology and intellectual property in its operations.

Average Trading Volume: 2,880,425

Technical Sentiment Signal: Strong Sell

Current Market Cap: Yen474B

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