China’s Aster Graphics Pays Out
Millions To Canon for Selling Counterfeit HP Toner. Implications for Planet Image International Ltd (YIBO) Stockholders. On October 24, 2024, Canon announced a resolution to its patent dispute with Aster Graphics. However, Tonernews.com raises questions about the investors who purchased $5 million worth of Aster Graphics stock under the Alias name Planet Image International Ltd (YIBO). Many of these investors may remain unaware of the settlement due to this alias company name.
This lawsuit and settlement were long overdue, as Aster Graphics has been producing counterfeit HP toner for decades. It’s likely that the $5 million raised from uninformed investors was used to settle with Canon. Additionally, we have information from industry insiders regarding other illegal activities by Aster Graphics, which we may disclose in the future.
There are also rumors that ACM in California has started purchasing more clones from Aster than from Ninestar, especially given recent scrutiny surrounding the ban on Ninestar. WARNING: US Dealers and resellers should closely monitor these developments, as serious consequences are on the horizon for those involved in reselling these counterfeit toners due to on-going investigations.