EU warns China over IPR
EU trade chief Peter Mandelson said yesterday that he could "not rule out" opening a case against China for its failure to protect intellectual property rights (IPR), like the US has done.
"I do not rule out initiating or joining action at the WTO if in our view China is failing to take its responsibilties seriously," he told journalists in Brussels.
"China has agreed to protect [intellectual property rights]. It did so when it joined the WTO and despite considerable efforts by the Chinese government, IPR protection in China reamins patchy and uneven," he said.
Wall Street gains boost shares
Shares closed up 0.55 percent yesterday at the day's high on the back of Wall Street's overnight gains, dealers said.
The market also took note of Intel Corp's rally in US electronic aftermarket trading following the disclosure of its first-quarter earnings, they said.
The TAIEX finished up 44.02 points at 8,003.31, on turnover of NT$101.03 billion (US$3.06 billion).
Risers led decliners 729 to 382, with 230 stocks unchanged.
BlackBerry service disrupted
Research In Motion's BlackBerry service experienced disruptions in North America and other parts of the world, affecting an unspecified number of the company's 8 million subscribers.
The Waterloo, Ontario-based company hasn't provided a timeframe for when the service might be restored.
The disruption may be limited to North America, with some problems in other parts of the world for customers who receive their e-mails through North American servers. Mobile-phone companies in Asia and Europe said they haven't experienced problems. Taiwan Mobile (台灣大哥大), which carries the BlackBerry service in Taiwan, had no reports of problems, said Shirley Zhu, a spokeswoman for the Taipei-based operator.
IDC gets new director
Market researcher International Data Corp (IDC) Taiwan announced a new managing director yesterday. Jimmy Chen (陳建名), who took over from predecessor Terry Tsao (曹志堅), was officially onboard yesterday, the company said in a statement.
The 46-year-old Chen is a veteran in the local IT scene with nearly 20 years of experience.
He was public sector's sales manager at Hewlett-Packard Taiwan Ltd before taking up the leadership in IDC Taiwan.
"IDC Taiwan will continue to expand its research areas for the local market, creating strategic values to the clients," Chen said in the statement.
Microsoft picks Beijing
Microsoft Corp plans to set up a multimillion-dollar joint research and development center in Beijing with China's leading computer maker Lenovo Group Ltd (聯想), the Chinese firm said yesterday.
Lenovo spokesman Chen Ji said each party will hold 50 percent of the joint research and development center.
The state-run China Daily said yesterday that the facility will be in Lenovo's existing research base in Beijing, with around 40 engineers from Lenovo and equipment, training and some staff from Microsoft.
The partners will try to identify opportunities in the consumer and mobile markets such as digital photography, digital media and the Internet, the China Daily said, citing Craig Mundie, chief research and strategy officer at Microsoft.
NT dollar rises
The New Taiwan dollar gained ground against its US counterpart yesterday, rising NT$0.002 to close at NT$33.159 on the Taipei Forex Inc. Turnover was US$958 million.