00:00 It's Benzinga and here's what's on the block.
00:02 Apple has announced that it will temporarily halt sales of its Series 9 and Ultra 2 smartwatches in
00:06 the United States starting this week in response to a patent infringement issue concerning the
00:10 blood oxygen monitoring feature of these devices. The U.S. International Trade Commission issued an
00:15 order in October that might lead to a ban on importing Apple watches into the U.S.,
00:18 finding that Apple's products infringe on patents held by the medical technology company Massimo.
00:23 Apple is proactively suspending sales of certain smartwatches ahead of a presidential review's
00:27 conclusion on a patent dispute set for December 25th. The suspension will begin on their website
00:32 on December 21st and extend to physical retail stores after the 24th. For all things money,
00:36 visit Benzinga.com.
Comments