Vizio Wins Customs Decision

A government customs agency this week found for Vizio in its patent dispute with Funai, meaning that Vizio can continue importing its products without penalty. The ruling from the United States Customs and Border Protection came down Wednesday.

"Today's Customs ruling is yet another major step forward for VIZIO, our supply partners, our retail customers, and most importantly the American consumers who have shown they prefer VIZIO HDTVs over other brands," the company's cofounder, Laynie Newsome, said in a statement.

"We are pleased that Funai's ill-advised tactics continue to falter and are being rejected by the U.S. authorities; we are determined and remain unshaken by merit-less claims from foreign competitors."