UEI Wins Initial IP Round vs. Roku at ITC
Universal Electronics Inc. got a favorable initial determination in an International Trade Commission patent infringement case against Roku. UEI CEO Paul Arling said the ITC judge recommended issuing a limited exclusion and cease and desist order. The finding is under…
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review by commissioners, with a final determination, “including the issuance of the limited exclusion and cease and desist orders,” expected by Nov. 10, he told investors Thursday. See Q2 materials here and here and our report 2108060033. Roku didn't comment Friday. Arling said LG, Microsoft and Samsung license UEI’s IP. The patents involve QuickSet, he said. UEI stock closed up 7.4 Friday at $48.03.