Shadow Stone Insta360 responds to being accused of infringement by GoPro: confident of winning the case

According to the Ministry of Commerce, on March 29, 2024, the American company GoPro, Inc. filed an application with the U.S. International Trade Commission in accordance with Section 337 of the U.S. Tariff Act of 1930. , alleging that specific cameras, camera systems, and accessories exported to, imported from, or sold in the United States infringed upon its patent rights, and requested the initiation of a Section 337 investigation and the issuance of a limited exclusion order and a prohibition order.

It is reported 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 in China and the United States, we are fully confident 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 "2023 Global Smart Handheld Imaging Equipment Market Development White Paper" released by Frost & Sullivan, the leading players in the global panoramic camera market include Insta360, GoPro, and Japan's Ricoh. Insta360 has the world's largest market share. The largest market share, Insta360 sales accounted for 50.7% of the global consumer panoramic camera market in 2022.

The Section 337 investigation initiated by GoPro, also known as an "unfair import" investigation, is a U.S. International Trade Commission investigation under the U.S. Tariff Act of 1930 and related amendments. 337 The object of the investigation is the infringement of U.S. intellectual property rights by imported products and other unfair competition in import trade. The purpose is to prohibit all unfair competition practices or any unfair trade practices in exporting products to the United States.

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