Surprise China injunction sends US company’s stock falling in semiconductor showdown 11 Dec 17
In a patent dispute that seems tailor-made for the Trump era, a US semiconductor company says a Chinese competitor has relied on IP infringement and government subsidies to significantly undercut its business. But although New York-based Veeco won a key preliminary injunction battle in front of a US district judge last month, a court in China hit the US company with an injunction of its own four days ago, causing one analyst to surmise that its patent enforcement campaign has badly backfired.
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