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OFFON

AMAZON.COM, INC.

(AMZN)
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U.S. ITC starts probe of possible patent violations of circuits, devices

12/01/2021 | 05:11pm EST
The U.S. International Trade Commission building is seen in Washington, D.C.

WASHINGTON (Reuters) - The U.S. International Trade Commission on Wednesday said it would initiate an investigation of certain integrated circuits, chipsets and electronic devices, based on a complaint filed by NXP Semiconductors NV of Taiwan and its U.S. unit.

NXP alleges that imports of these products infringe on the company's patents, and has asked the ITC to issue a limited order halting such imports, the agency said.

The U.S. ITC said the probe would focus on imports by MediaTek Inc of Taiwan and its U.S. subsidiary; Amazon; Belkin International and Linksys.

(Reporting by Andrea Shalal and Kanishka Singh)


ę Reuters 2021
Stocks mentioned in the article
ChangeLast1st jan.
AMAZON.COM, INC. 0.55% 2792.75 Delayed Quote.-16.24%
NXP SEMICONDUCTORS N.V. -4.57% 187.96 Delayed Quote.-17.48%
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Financials (USD)
Sales 2021 470 B - -
Net income 2021 21 042 M - -
Net cash 2021 38 032 M - -
P/E ratio 2021 68,6x
Yield 2021 -
Capitalization 1 416 B 1 416 B -
EV / Sales 2021 2,93x
EV / Sales 2022 2,46x
Nbr of Employees 1 298 000
Free-Float 82,7%
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Number of Analysts 50
Last Close Price 2 792,75 $
Average target price 4 122,45 $
Spread / Average Target 47,6%
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Managers and Directors
Andrew R. Jassy President, Chief Executive Officer & Director
Brian T. Olsavsky Chief Financial Officer & Senior Vice President
Jeffrey P. Bezos Executive Chairman
Patricia Q. Stonesifer Independent Director
Jonathan Jake Rubinstein Lead Independent Director
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