Sharp Drops NY Suit Over Chinese TV Maker's Quality Claims

Law360, New York (June 16, 2017, 8:59 PM EDT) -- Sharp Corp. on Thursday voluntarily dismissed its New York federal court suit against a Chinese state-owned electronics manufacturer over the manufacturer's alleged fraudulent misrepresentation of the quality of certain Sharp-branded televisions, a dispute that is currently also the basis of pending arbitration in Singapore and litigation in California.

Sharp did not provide any details beyond its notice of voluntarily dismissal without prejudice. Counsel for Sharp and the manufacturer, Hisense Co. Ltd., did not respond to press inquiries late Friday.

Sharp, which entered into a trademark licensing...
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