Minister of Economic Affairs Shih Yen-shiang (施顏祥) yesterday said the ministry would provide smartphone vendor HTC Corp (宏達電) with assistance, if necessary, to deal with the litigation on patent infringement brought against it by Apple Inc.
Shih told lawmakers at a legislative session that the ministry has kept in close touch with HTC to keep informed of the progress of the litigation.
HTC said on Wednesday that shipments of HTC One X and HTC EVO 4G LTE models to the US market have been delayed by a review of the US Customs requested by the US International Trade Commission (USITC).
INFRINGED
The customs review came after the USITC ruled in December last year that HTC infringed on one of Apple’s patents involving data detection.
HTC shares staged a mild technical rebound to close up 0.73 percent at NT$414 yesterday, following a decline of 6.59 percent in the previous session amid concerns that the shipment delay would impact its second-quarter sales.
SALES GROWTH
On April 24, HTC forecast its sales for the second quarter would reach NT$105 billion (US$3.55 billion), up 55 percent from the first quarter.
Bank of America Merrill Lynch said if the products are detained by the US Customs for four weeks, HTC’s sales for the second quarter will be reduced by 5 percent to 10 percent, while CLSA Asia-Pacific Markets said HTC’s share price will be under pressure in the near term as the market does not like uncertainty.
HORMUZ ISSUE: The US president said he expected crude prices to drop at the end of the war, which he called a ‘minor excursion’ that could continue ‘for a little while’ The United Arab Emirates (UAE) and Kuwait started reducing oil production, as the near-closure of the crucial Strait of Hormuz ripples through energy markets and affects global supply. Abu Dhabi National Oil Co (ADNOC) is “managing offshore production levels to address storage requirements,” the company said in a statement, without giving details. Kuwait Petroleum Corp said it was lowering production at its oil fields and refineries after “Iranian threats against safe passage of ships through the Strait of Hormuz.” The war in the Middle East has all but closed Hormuz, the narrow waterway linking the Persian Gulf to the open seas,
RATIONING: The proposal would give the Trump administration ample leverage to negotiate investments in the US as it decides how many chips to give each country US officials are debating a new regulatory framework for exporting artificial intelligence (AI) chips and are considering requiring foreign nations to invest in US AI data centers or security guarantees as a condition for granting exports of 200,000 chips or more, according to a document seen by Reuters. The rules are not yet final and could change. They would be the first attempt to regulate the flow of AI chips to US allies and partners since US President Donald Trump’s administration said it rescinded its predecessor’s so-called AI diffusion rules. Those rules sought to keep a significant amount of AI
Apple Inc increased iPhone production in India by about 53 percent last year and now makes a quarter of its marquee devices there, reflecting the US company’s efforts to avoid tariffs on China. The company assembled about 55 million iPhones in India last year, up from 36 million a year earlier, people familiar with the matter said, asking not to be named because the numbers aren’t public. Apple makes about 220 million to 230 million iPhones a year globally, with India’s share of the total increasing rapidly. Apple has accelerated its expansion in the world’s most populous country in recent years, bolstered
HEADWINDS: The company said it expects its computer business, as well as consumer electronics and communications segments to see revenue declines due to seasonality Pegatron Corp (和碩) yesterday said it aims to grow its artificial intelligence (AI) server revenue more than 10-fold this year from last year, driven by orders from neocloud solutions clients and large cloud service providers. The electronics manufacturing service provider said AI server revenue growth would be driven primarily by the Nvidia Corp GB300 server platform. Server shipments are expected to increase each quarter this year, with the second half likely to outperform the first half, it said. The AI server market is expected to broaden this year as more inference applications emerge, which would drive demand for system-on-chip, application-specific integrated circuits