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Largan settles IPR disputes with local competitor 03/05/2021 12:32 PM CNA file photo Taipei, March 5 (CNA) Largan Precision Co., a supplier of smartphone camera lenses to Apple Inc., said on Friday it has reached a settlement with rival Ability Opto-Electronics Technology Co., ending an intellectual property rights dispute that had lasted a decade. In a statement posted on the Taiwan Stock Exchange, where Largan shares are traded, the company said it has signed a settlement agreement with Ability Opto-Electronics and has withdrawn its lawsuits in the trade secrets dispute between the two comp...

Largan settles IP suit against Ability By Angelica Oung / Staff reporter Largan Precision Co (大立光), the nation’s biggest supplier of camera lenses, has settled a lengthy litigation battle with smaller rival Ability Opto-Electronics Technology Co (先進光電), according to statements that the companies filed with the Taiwanese Stock Exchange yesterday. “We have signed a confidential settlement agreement,” Largan said in its statement. “Per the agreement, we will withdraw all litigation against Ability.” Details of the settlement are not to be disclosed to protect the privac...

Burgeoning global demand for digital products and technologies will continue to crimp semiconductor supplies, said a senior executive from United States chip giant Micron Technology Inc.