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TCL Electronics: 337 investigation will be terminated, and the US business continues to operate normally.

According to PR Newswire, TCL Electronics Holdings Co., Ltd. was informed that 337 has been involved with the end of the legal relationship between TSMC and Gexin and the global patent exchange licensing agreement for the semiconductor technology patents that the two parties will apply for in the next ten years. The investigation will be completed by terminating the investigation. At the same time, it is stated that the company's business in the United States will continue to operate as planned.

Previously, GlobalFoundries applied to the US International Trade Commission and filed a 337 investigation against a number of companies including TSMC and TCL. With the conclusion of the grid and TSMC lawsuits, the 337 investigation covering chip design companies, component distributors and consumer electronics manufacturers will also end the investigation, and the company filed a patent lawsuit against the company in the US District Court. The complaint will also be withdrawn simultaneously.

TCL Electronics Holdings Co., Ltd. stated that during the investigation, the company had no substantial impact on its business in the United States. The company is pleased to see that the upstream partners will quickly reach a settlement and resolve the dispute smoothly. The company's business in the US will continue to operate as planned.