■ Chi Mei, Honeywell ink deal
Chi Mei Optoelectronics Corp (奇美電子), the nation's second-largest liquid-crystal-display (LCD) panel maker signed a license agreement with Honeywell International Inc yesterday to make LCD products using the US firm's technologies. Under the deal, Chi Mei will be able to use licenses owned by Honeywell under the 371 patent to enhance the brightness of images and to reduce the appearance of certain interference effects on LCD displays. The two companies will also share certain licenses under other patents, according to a joint statement.
■ Microsoft releases patches
Microsoft Corp released five security bulletins to fix flaws that could allow an attacker to take complete control of someone else's computer system. The security flaws, rated as "critical," affect Windows, Internet Explorer browser, MSN Messenger, Microsoft Word software and Exchange server system. The firm also released three other patches on Tuesday to fix Windows flaws that carry less of a security threat. All the flaws affect computers with operating systems dating back to Windows 98. Users who have installed Microsoft's massive security update for Windows XP, Service Pack 2, also will need to install some patches.
■ NT dollar gains ground
The New Taiwan dollar traded higher against its US counterpart yesterday, advancing NT$0.028 to close at NT$31.540 on the Taipei foreign exchange market. Turnover was US$710 million, up from US$678 million in the previous day.



