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All Ring Tech Co Ltd Updates Lawsuit Process


Tuesday, 28 Jun 2011 06:41am EDT 

All Ring Tech Co Ltd (All Ring) announced that it has filed an appeal against the judgment by Kaohsiung District Court of Taiwan, according to which All Ring had infringed Electro Scientific Industries, Inc. (ESI)'s patent, and had to pay ESI TWD700,000,000 (approximately USD24 million) and interest accrued from November 4, 2005, to the date of payment at 5% per annum. 

Company Quote

11.28
-0.35 -3.01%
4:00pm EDT