Canon Settles Patent Dispute
Printer and ink cartridge manufacturer Canon has settled a dispute with five other Japanese companies over patent infringement issues.
The other businesses, Ohm Electric Inc., Color Creation Inc., Ninestar Japan Co., Futurewell Holding Ltd. and REV Corp, are all ink cartridge manufacturers as well.
Canon filed an injunction at Tokyo's District Courts last January, claiming that the inkjet cartridges sold by the firms violated Canon's patent on units featuring LED lights.
Following a recommendation from the courts to settle the dispute amicably, the five companies in question agreed to no longer import, sell, deliver or display for sales purposes the products in question.
Accordingly, Canon decided to drop the charges against them.
Under the terms of the settlement, the printing giant has granted the companies a grace period for existing stock and on-order products until the end of February 2010, with the said period for certain inkjet cartridge models extended to March.
By Ramsey Dehani.