How Will U.K. Patent Ruling Affect Nintendo (NTDOY) Stock Today?

NEW YORK (TheStreet) -- Shares of Nintendo Co., Ltd. (NTDOY) are down slightly in pre-market trade after Koninklijke Philips NV  (PHG) won a U.K. court ruling in a global battle over patents for recognizing hand gestures and motion on Nintendo's Wii computer-gaming devices, Bloomberg reports.

U.K. High Court Judge Colin Birss said a Nintendo unit infringed two Philips patents in a ruling today, adding that Nintendo, the world's largest maker of video games, didn't violate a third patent pertaining to modeling a body in a virtual environment, Bloomberg said.

Shares of Koninklijke Philips are down slightly in pre-market trade this morning. 

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