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.
Shiina Ito has had fewer Chinese customers at her Tokyo jewelry shop since Beijing issued a travel warning in the wake of a diplomatic spat, but she said she was not concerned. A souring of Tokyo-Beijing relations this month, following remarks by Japanese Prime Minister Sanae Takaichi about Taiwan, has fueled concerns about the impact on the ritzy boutiques, noodle joints and hotels where holidaymakers spend their cash. However, businesses in Tokyo largely shrugged off any anxiety. “Since there are fewer Chinese customers, it’s become a bit easier for Japanese shoppers to visit, so our sales haven’t really dropped,” Ito
The number of Taiwanese working in the US rose to a record high of 137,000 last year, driven largely by Taiwan Semiconductor Manufacturing Co’s (TSMC, 台積電) rapid overseas expansion, according to government data released yesterday. A total of 666,000 Taiwanese nationals were employed abroad last year, an increase of 45,000 from 2023 and the highest level since the COVID-19 pandemic, data from the Directorate-General of Budget, Accounting and Statistics (DGBAS) showed. Overseas employment had steadily increased between 2009 and 2019, peaking at 739,000, before plunging to 319,000 in 2021 amid US-China trade tensions, global supply chain shifts, reshoring by Taiwanese companies and
Taiwan Semiconductor Manufacturing Co (TSMC) Chairman C.C. Wei (魏哲家) and the company’s former chairman, Mark Liu (劉德音), both received the Robert N. Noyce Award -- the semiconductor industry’s highest honor -- in San Jose, California, on Thursday (local time). Speaking at the award event, Liu, who retired last year, expressed gratitude to his wife, his dissertation advisor at the University of California, Berkeley, his supervisors at AT&T Bell Laboratories -- where he worked on optical fiber communication systems before joining TSMC, TSMC partners, and industry colleagues. Liu said that working alongside TSMC
TECHNOLOGY DAY: The Taiwanese firm is also setting up a joint venture with Alphabet Inc on robots and plans to establish a firm in Japan to produce Model A EVs Manufacturing giant Hon Hai Precision Industry Co (鴻海精密) yesterday announced a collaboration with ChatGPT developer OpenAI to build next-generation artificial intelligence (AI) infrastructure and strengthen its local supply chain in the US to accelerate the deployment of advanced AI systems. Building such an infrastructure in the US is crucial for strengthening local supply chains and supporting the US in maintaining its leading position in the AI domain, Hon Hai said in a statement. Through the collaboration, OpenAI would share its insights into emerging hardware needs in the AI industry with Hon Hai to support the company’s design and development work, as well
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