Eastman Kodak awaiting high-stakes camera patent dispute decision regarding smartphone technology used by Apple, Research in Motion that could mean royalty deals worth up to US$1B or more

Sandy Yang

Sandy Yang

Mar 25, 2011 – Associated Press

ROCHESTER, New York , March 25, 2011 () – Eastman Kodak is awaiting a high-stakes patent dispute decision regarding smartphone technology used by Apple Inc. and Research in Motion Ltd. And company shares are spiking.

The U.S. International Trade Commission will decide Friday whether to review a judge's finding in January that Apple's iPhone and RIM's BlackBerry don't violate a Kodak patent obtained in 2001.

A favorable decision could mean royalty deals worth as much as $1 billion or more. The agency's six commissioners would then decide by May 23 whether to alter the initial determination by its chief administrative judge.

Kodak has amassed more than 1,000 digital-imaging patents, and almost all digital cameras rely on that technology.

Shares of Eastman Kodak Co. jumped 34 cents, or 10.7 percent, to $3.47 in trading.

© 2021 Associated Press. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.

Share:

About Us

We deliver market news & information relevant to your business.

We monitor all your market drivers.

We aggregate, curate, filter and map your specific needs.

We deliver the right information to the right person at the right time.

Our Contacts

1990 S Bundy Dr. Suite #380,
Los Angeles, CA 90025

+1 (310) 553 0008

About Cookies On This Site

We collect data, including through use of cookies and similar technology ("cookies") that enchance the online experience. By clicking "I agree", you agree to our cookies, agree to bound by our Terms of Use, and acknowledge our Privacy Policy. For more information on our data practices and how to exercise your privacy rights, please see our Privacy Policy.