A US trade panel has agreed to review Eastman Kodak Co's claim that Research in Motion Ltd and Apple Inc are infringing on its patents in a case that could mean hundreds of millions of dollars in royalties.
The shares of Kodak - a company once synonymous with home photography, but now struggling in a world of digital cameras and smartphones - spiked about 20 percent in extended trading after closing 8.6 percent higher as the company moved closer to a possible payout.
The Washington-based International Trade Commission, which hears many patent cases involving imported products, said on Friday it would review an initial decision by an ITC judge in January that Research in Motion and Apple did not infringe on Kodak's patents.