GPI and Canon settle long-running patent infringement lawsuit in the US

　The patent infringement dispute on toner cartridge product going for more than 6 years between General Plastic Industrial Co., Ltd. (GPI) and Canon Inc. (Canon) in the U.S. District Court for the Northern Division of Georgia has finally come to a close with both parties successfully reaching a settlement.  GPI agreed to pay Canon USD5.5 million as settlement amount and the settlement would proceed in accordance with relevant accounting principles.  To resolve this lawsuit, GPI will be prohibited from selling the allegedly infringing toner cartridge product in the areas where Canon’s technology is patented.  (August 2018)  

/CCS