"Former online retailer Lik Sang International has settled a case brought by Sony Computer Entertainment out of court, undertaking to cease trade in any copyright circumvention devices and paying an undisclosed compensation sum.
The company, which formerly operated the popular online game retail site Lik-Sang.com (now under new ownership and unaffected by this decision), has also agreed to cancel its appeal against the ruling in favour of Sony by Hong Kong's high court in March.
However, it continues to fight similar cases against Nintendo and Microsoft, both of whom were involved in the action against the company in September of last year which won an injunction against it for selling copyright circumvention devices.
According to Lik Sang International, the decision to settle with Sony was taken due to new developments in international law surrounding mod chips and similar devices, as well as for simple financial reasons.
As part of the settlement, Lik Sang International has undertaken not to become involved in the trade of circumvention devices for any Sony products, an undertaking which also covers the publication of information related to Sony's copy protection measures.