TCL Electronics Holdings (HK:1070) has released an update.
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TCL Electronics Holdings Limited has announced that it is currently under investigation by the United States International Trade Commission (ITC) due to a patent infringement complaint filed by Maxell Ltd. The company is actively responding to the allegations and does not anticipate a significant impact on its operations. Meanwhile, TCL affirms its global market business is progressing positively and the management remains confident in sustaining long-term growth and shareholder value.
For further insights into HK:1070 stock, check out TipRanks’ Stock Analysis page.
