The UHD Alliance, Inc. has filed notifications with the Attorney General and the Federal Trade Commission to disclose a change in its membership, specifically adding TTE Corporation from Shenzhen, China, as a new member. This filing is made under the National Cooperative Research and Production Act of 1993 to limit antitrust damages under certain conditions. The UHD Alliance stated that no other membership or activity changes have been made, and they plan to continue filing updates. The Department of Justice has published previous notices related to these notifications in the Federal Register.
Simple Explanation
The UHD Alliance added a new friend, TTE Corporation, to their group, and they told the grown-ups in charge (like the police for businesses) to make sure everything is fair and okay.