Depo, Hyundai reach settlement in headlamp design patent lawsuit

　On May 5, 2020, DEPO Auto Parts Industrial Co., Ltd. (hereinafter “Depo”) made a public notice that Depo and Hyundai Motor America, Inc. and Hyundai Motor Company (hereinafter collectively referred to as “Hyundai”) have reached a settlement of the patent infringement lawsuit filed by Hyundai against Depo and Depo’s subsidiary in the US, Maxzone Vehicle Lighting Corp. in California, the US for Hyundai’s patented headlamp designs.  With the case settled by and between Hyundai and Depo, Hyundai will withdraw all relevant proceedings against Depo.  Terms of the settlement agreement will not be disclosed for compliance with confidentiality clause contained in the settlement agreement.  (Released 2020.05.05) 

/CCS