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Funai wins order blocking Vizio imports, Vizio maintains business as usual
Posted on April 10, 2009 | No CommentsFiled under: Industry, Displays, Others
Just when it looked like the long-running patent dispute was tipping Vizio's way, the U.S. International Trade Commission has ruled in favor of Funai, issuing an order to block imports of Vizio HDTVs. According to Bloomberg the ban is still eligible to be reviewed by President Obama while the patent case itself is still being reviewed by an appeals court, but if Vizio wants to keep its shipments flowing it will have to post a bond of $2.50 per television. We've put a call in to Vizio to find out what this means for its immediate future -- and that sweet LED backlit display from CES -- and confirmed that while this order goes into effect immediately, you should still be able to find sets on shelves and they will continue to do business as usual during the presidential review period, but feel free to read its press release in response after the break for more details.Continue reading Funai wins order blocking Vizio imports, Vizio maintains business as usual
Funai wins order blocking Vizio imports, Vizio maintains business as usual originally appeared on Engadget HD on Fri, 10 Apr 2009 17:14:00 EST. Please see our terms for use of feeds.
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