According to news from this site on April 2, according to the Department of Consumer Products of the Ministry of Commerce, on March 29, 2024, the US company GoPro filed an application with the US International Trade Commission in accordance with Section 337 of the US Tariff Act of 1930, accusing Specific cameras, camera systems and accessories used in them exported to and sold in the United States infringe its patent rights. Request to launch a Section 337 investigation and issue a limited exclusion order and prohibition order. The Department of Consumer Products said it would pay close attention to the progress of the case and safeguard the interests of domestic enterprises in a timely manner. Among them, the Department of Consumer Products pointed out that the Chinese company involved is Shenzhen Insta360 Innovation Technology Co., Ltd. (hereinafter referred to as "Insta360").
In response, Insta360 responded that after careful comparative analysis with a team of professional lawyers from China and the United States, we have full confidence in winning the case. In order not to affect the subsequent litigation process, we are temporarily unable to disclose too many details of the evidence. However, we will resolutely safeguard the rights and interests of enterprises in independent scientific and technological innovation to the end.
According to the "Global Smart Handheld Imaging Devices in 2023" released by Frost & Sullivan "Market Development White Paper", the leading players in the global panoramic camera market include Insta360, GoPro, and Japan's Ricoh. Insta360 occupies the largest market share in the world. Insta360 sales accounted for 2022 of the global consumer panoramic camera market 50.7%.
Note on this site: The 337 investigation initiated by GoPro is also known as the "unfair import" investigation. It is an investigation conducted by the U.S. International Trade Commission based on the U.S. Tariff Act of 1930 and related amendments. The object of the 337 investigation is import. The purpose is to prohibit all unfair competition behaviors or any unfair trade practices in exporting products to the United States.
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