Luxshare Expects Minimal Impact From US Patent Probe
Luxshare Precision Industry expects little negative impact from a US patent infringement probe launched by the ITC. The company says the affected products are not yet in mass production.
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LUXSHARE PRECISION INDUSTR-A expects minimal financial fallout from a United States patent infringement investigation launched on October 9. The preliminary probe targets data centre power delivery systems developed by the China-based manufacturer and a subsidiary. Investors are monitoring potential supply chain disruptions for APPLE INC hardware partners following the regulatory action.
