Breaking Finance News

BREAKING- ITC Bans Some Samsung Phones (AAPL)

According to Bloomberg, the International Trade Commission has banned certain Samsung phones from import to the United States after a court found that the some patents infringed on those held by Apple (NASDAQ: AAPL).

According to CNN Money, The ITC ruled that Samsung products infringed on two Apple patents, one for touchscreen multitouch and another related to headset plugs. The ITC also ruled that Samsung did not infringe on four other patents listed in Apple’s claim.

[stock-tools exchange="NASDAQ" symbol="AAPL" image_height="230" image_width="350"]

Disclosure: At the time of this writing, the author had no position in the company mentioned.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with's FREE daily email newsletter.