TOKYO, Apr 06 (Pulse News Wire) – Abalance Corporation (3856.T) received notice on April 02 that its subsidiaries are being investigated by the United States International Trade Commission (USITC). The investigation was initiated based on a complaint filed by U.S.
Solar energy firm First Solar, Inc. on February 24, alleging patent infringement related to TOPCON solar cell products manufactured and sold by Abalance Group companies. The four subsidiary companies named as respondents in the case are Vietnam Sunergy Joint Stock Company, VSUN Solar USA Inc., Toyo Co., Ltd., and Toyo Solar Texas, LLC. According to the complaint, First Solar claims that certain TOPCON solar cells, panels, and products containing these components infringe upon U.S. Patent No.
9,130,074. The USITC accepted the filing on March 26 and launched an administrative quasi-judicial investigation into whether there has been patent infringement and the appropriateness of importing and selling these products in the U.S. Should the investigation conclude with a finding of patent infringement, import bans or sales prohibitions could be imposed on the implicated products. Abalance Group plans to work closely with local legal experts to thoroughly examine the allegations and respond appropriately to the USITC proceedings. Regarding future developments, the company stated that while the impact on its consolidated performance remains uncertain at this stage, it will promptly disclose any significant changes or events requiring additional reporting.
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