Hewlett-Packard Company (NYSE: HPQ) is suing Acer Inc. (TPE: 2353), accusing the company of infringing on 5 HP patents related to PC technology.
While Hewlett-Packard recently became the biggest PC company in the world, Acer (number 4) is gaining fast, producing inexpensive computers that are available at big box retailers like Wal-Mart.
As an internet user on a limited budget, I'll be greatly disappointed if Acer's line of inexpensive but functional computers get more expensive. Acer's shares are traded in Taiwan. One way to gauge how much concern there is about the lawsuit is to follow the trading of Acer shares.
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