Skip to main content

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)

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.

Scroll to Continue

TheStreet Recommends

Sony shares were up nearly 1% in early market trading Friday. 

Comcast (CMCSA)  and Alphabet (GOOGL) 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.