The company said today that it filed a complaint with the U.S. International Trade Commission (ITC) alleging that the smartphones improperly use technology related to a method for previewing images. Kodak says it wants compensation for the use of the technology and is open to talks with Apple and RIM.
However, Kodak is asking ITC to prevent Apple and RIM for importing infringing devices, including certain mobile telephones and wireless communication devices featuring digital cameras.
Kodak stock was up 12 cents, or 2.43 percent, to $5.05. RIM shares were up $1.51, or 2.3 percent, to $67.05 and Apple stock was down 82 cents, or .39 percent, to $209.83.
About EQUITIES:
Since 1951, EQUITIES Magazine has been a leading media company providing business editorial content designed to serve the needs of business leaders, professionals, institutional investors and retail investors. We are focused on business and the business of making money, not on lifestyle subjects. We publish original reporting in print and on our website, as well as select content at www.nasdaq.com. For 28 years we have hosted our own branded investor conferences that connect public company CEO’s with our loyal readers in the investment community.
Sign up for a free one-year subscription to EQUITIES Magazine