The U.S. International Trade Commission will launch an investigation into Fujifilm (FUJIY) magnetic tape cartridge and component imports following a patent infringement complaint by Sony(SNY) - Get Report .
Sony alleges that the magnetic tap cartridge uses technology lifted from Sony products without a license. Sony originally filed the complaint against the company in January.
This is the latest chapter in a long-running feud between the two companies. Last year, Fujifilm filed a patent infringement claim against Sony for the sale of data storage tapes and cartridges.
Sony shares were up nearly 1% in early market trading Friday.
Comcast (CMCSA) - Get Report and Alphabet (GOOGL) - Get Report are just some of the tech names in Jim Cramer's Action Alerts PLUS portfolio. Get his insights on the biggest names in tech here.
