Sharp Nears Deal In Cell Phone Antenna Patent Suit

Law360, New York (June 24, 2010, 1:34 PM EDT) -- Sharp Electronics Corp. has signaled that it is close to exiting a patent infringement suit brought by DownUnder Wireless LLC against a number of cell phone manufacturers over antenna technology.

Judge David Folsom of the U.S. District Court for the Eastern District of Texas on Thursday approved the parties' request to stay case deadlines while they finalize a settlement reached in principle.

Attorneys for the companies did not immediately respond to requests for comment Thursday.

Sharp would be the first defendant to leave the suit, which...
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