ITC Determines Infringement of GoPro's Iconic HERO Camera Design
GoPro is pleased with the ALJ's findings that Insta360 infringed on a patent covering GoPro's iconic HERO camera design (US Patent D789,435), as well as its validation of multiple patent claims covering GoPro's industry-leading HyperSmooth video stabilization (US Patent 10,574,894 and 10,958,840).
In addition, GoPro intends to brief other outstanding issues in its infringement case against Insta360 with the full Commission. The ITC is expected to issue its Final Determination on all of GoPro's infringement claims against Insta360 by
This litigation process has strengthened GoPro's intellectual property portfolio and underscores GoPro's history of category-defining innovation, which has resulted in more than 1,500 US patents.
"GoPro welcomes fair competition as it drives us to innovate, but we will litigate to protect our IP when we believe it is being infringed," said
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GoPro, HERO and their respective logos are trademarks or registered trademarks of
Note on Forward-looking Statements
This Current Report on Form 8-K may contain projections or other forward-looking statements within the meaning Section 27A of the Private Securities Litigation Reform Act. Forward-looking statements in this Current Report on Form 8-K include, but are not limited to, statements related to the Notice, looking forward to the ITC's Final Determination, and potential future litigation action. These forward-looking statements are based on the Company's current expectations and inherently involve significant risks and uncertainties. The Company's actual results and the timing of events could differ materially from those anticipated in such forward-looking statements as a result of these risks and uncertainties, which include, without limitation, risks related to the Final Determination by the full ITC, the remedy imposed by the ITC, any presidential review of the ITC decision, and the timeline for such rulings, remedies and review. A further description of the risks and uncertainties relating to the business of the Company is contained in the Company's Annual Report on Form 10-K for the year ended
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