Medtech Insight is part of the Business Intelligence Division of Informa PLC

This site is operated by a business or businesses owned by Informa PLC and all copyright resides with them. Informa PLC’s registered office is 5 Howick Place, London SW1P 1WG. Registered in England and Wales. Number 8860726.

This copy is for your personal, non-commercial use. For high-quality copies or electronic reprints for distribution to colleagues or customers, please call +44 (0) 20 3377 3183

Printed By

UsernamePublicRestriction
UsernamePublicRestriction

Flextronics & Beckman Coulter close to settlement:

This article was originally published in Clinica

Executive Summary

Press reports indicate that Beckman Coulter and Flextronics International are close to agreeing terms of a settlement in their dispute over circuit boards. The two companies met in a California superior court where the judge has been asked to consider motions for a retrial or a setting aside of the verdict that ordered the Singapore-based electronics group to pay the Fullerton, California-based lab instrument maker $934m in damages for breach of contract (see Clinica No 1078, p 15). Flextronics argued that it should not pay more than $10m. The court hearing was postponed while the two sides negotiated. If Flextronics is forced to case to appeal, it is possible it may have to post up to $1.4bn in bail.

Advertisement

Topics

Advertisement
UsernamePublicRestriction

Register

MT065399

Ask The Analyst

Please Note: You can also Click below Link for Ask the Analyst
Ask The Analyst

Your question has been successfully sent to the email address below and we will get back as soon as possible. my@email.address.

All fields are required.

Please make sure all fields are completed.

Please make sure you have filled out all fields

Please make sure you have filled out all fields

Please enter a valid e-mail address

Please enter a valid Phone Number

Ask your question to our analysts

Cancel