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Apr 24th, 2013
STMicro Ordered by Dutch Court to Stop Microphone Sales to HTC
STMicroelectronics NV (STM) was ordered by a Dutch court to stop supplying HTC Corp. with microphones used in smartphones after Nokia Oyj (NOK1V) complained the chipmaker broke an exclusivity agreement. HTC shares fell.
“This product that was made especially for Nokia couldn’t be supplied to others,” the Amsterdam District Court said yesterday in a preliminary injunction ruling.
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