Inventec logo

2356 - Inventec News Story

TWD26.6 -0.1  -0.4%

Last Trade - 6:30am

Sector
Technology
Size
Mid Cap
Market Cap £2.47bn
Enterprise Value £2.65bn
Revenue £13.09bn
Position in Universe 500th / 6095

U.S. to probe Fitbit, Garmin other wearable devices after Philips complains

Fri 10th January, 2020 4:58pm
WASHINGTON, Jan 10 (Reuters) - U.S. trade regulators on
Friday said they will investigate wearable monitoring devices,
including those made by Fitbit Inc  FIT.N  and Garmin Ltd
 GRMN.O , following a complaint by  Koninklijke Philips  PHG.AS 
and its North America unit.
    The U.S. International Trade Commission, in a statement,
said the probe would also look at devices by made by
California-based Ingram Micro Inc as well as China-based Maintek
Computer Co Ltd and Inventec Appliances. 
    
    

 (Reporting by Susan Heavey and David Lawder)
 ((202-898-8300; Reuters Messaging:
susan.heavey.thomsonreuters.com@reuters.net))
© Stockopedia 2021, Refinitiv, Share Data Services.
This site cannot substitute for professional investment advice or independent factual verification. To use it, you must accept our Terms of Use, Privacy and Disclaimer policies.