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Business Briefs
AGENCIES
Tuesday, Apr 04, 2006, Page 11
■ AUO touts Honeywell deal
AU Optronics Corp (友達光電), the world's third-largest manufacturer of flat-panel displays, said yesterday that it had been granted patent licensing from Honeywell International Inc and Honeywell Intellectual Properties Inc. A company spokeswoman said that the licensing involved US production-technology patent rights for thin-film-transistor, liquid-crystal displays, but declined to elaborate. AU Optronics last month announced it and Sharp Corp would widen their cross-licensing agreement on liquid-crystal displays. AU Optronics reported a net profit for last year of NT$15.63 billion (US$481 million), down 44.1 percent from the previous year.
■ Quanta's Q4 profit climbs
Quanta Computer Inc (廣達電腦), the largest maker of notebook computers, had a 14 percent gain in fourth-quarter profit, according to a company statement released yesterday. Net income for the three month ended December climbed to NT$3.3 billion (US$102 million) from NT$2.9 billion a year earlier. Fourth-quarter sales rose to NT$133 billion from NT$111 billion a year earlier, according to the company's monthly releases. For last year, its net profit fell 8.94 percent to NT$10.90 billion, although sales rose 24.24 percent to NT$403.10 billion, the company said.
■ Greenback edges up
The New Taiwan dollar lost ground against the US dollar on the Taipei Foreign Exchange yesterday, declining NT$0.126 to close at NT$32.586. A total of US$970 million changed hands.
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