Previous Close | 590.00 |
Open | 590.00 |
Bid | 590.00 x N/A |
Ask | 591.00 x N/A |
Day's Range | 582.00 - 598.00 |
52 Week Range | 336.50 - 620.00 |
Volume | |
Avg. Volume | 4,126,180 |
Market Cap | 303.102B |
Beta (5Y Monthly) | 1.07 |
PE Ratio (TTM) | 33.62 |
EPS (TTM) | 17.58 |
Earnings Date | Apr 19, 2024 - Apr 23, 2024 |
Forward Dividend & Yield | 27.00 (4.58%) |
Ex-Dividend Date | Sep 11, 2023 |
1y Target Est | 501.62 |
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Taiwan's top chip design company MediaTek Inc said on Thursday it will defend itself in court against accusations from Realtek that it paid a company that sues over patents a "secret litigation bounty" to file meritless lawsuits. Realtek Semiconductor Corp's lawsuit, lodged in California, accuses MediaTek of conspiring with IPValue Management Inc in an effort to drive Realtek out of the market and monopolise the industry for chips used in smart televisions and set-top boxes. In a statement to the Taiwan stock exchange, MediaTek said the case was in the process of being litigated and it will submit evidence and defend itself against the accusations.
Realtek Semiconductor Corp sued rival Taiwanese chipmaker MediaTek Inc in Northern California federal court on Tuesday, claiming MediaTek paid a company that sues over patents a "secret litigation bounty" to file meritless lawsuits in the United States to disrupt its business. The lawsuit accuses MediaTek of conspiring with IPValue Management Inc in an effort to drive Realtek out of the market and monopolize the industry for chips used in smart televisions and set-top boxes.
(Reuters) -Realtek Semiconductor Corp sued rival Taiwanese chipmaker MediaTek Inc in Northern California federal court on Tuesday, claiming MediaTek paid a company that sues over patents a "secret litigation bounty" to file meritless lawsuits in the United States to disrupt its business. The lawsuit accuses MediaTek of conspiring with IPValue Management Inc in an effort to drive Realtek out of the market and monopolize the industry for chips used in smart televisions and set-top boxes. MediaTek owns nearly 60% of the global market share for television chips, the lawsuit said.