please go to the UBNT news on yahoo for more info. A Shenzen court ruled in favor of UBNT on a chinese company stealing and duplicating gear which UBNT makes and selling it as original. This hopefully bodes well dor AMSC
I find it funny that this case went through the Chinese court quickly,while amsc is taking forever,Sinovel is well connected and China courts sweeping the case under the rug,no arrest,no investigation,no lawsuit news.
carmine-look at the size of amsc's lawsuit. for china to look like it is being fair in the international community amsc has got to win the suit, no way they are going to fork over 1 plus billion,so I imagine there is a lot of creative bs that will come out of this from sinovel. they will pay probably a couple hundred mill maybe even do biz with amsc as part of the settlement. bottom line both sides have got to look good ,this takes time to spin
SAN JOSE, Calif., Aug. 27, 2013 /PRNewswire/ -- Ubiquiti Networks, Inc. (UBNT) ("Ubiquiti") today announced a significant milestone in the company's global brand protection efforts. The Shenzhen court in China sentenced Kenny Kai Deng, a major counterfeiter of Ubiquiti products, to five years imprisonment and a fine of RMB1,000,000. The Shenzhen court convicted Deng of criminal trademark infringement for manufacturing and selling counterfeit Ubiquiti products.