In a twist to the US’ import ban on various HTC Corp (宏達電) smartphones, the company yesterday said some of its products blocked by US customs because of patent-infringement concerns had been allowed to enter the US market after passing the customs’ review.
“Some of our products have passed the review and have been delivered to our telecoms operators’ clients in the US,” HTC said in a statement submitted to the Taiwan Stock Exchange yesterday.
The Taoyuan-based handset maker’s statement came after two of its flagship mobile phones, HTC One X and HTC EVO 4G LTE, were prevented by US customs from entering the country after the US International Trade Commission ruled late last year that HTC had infringed on a crucial patent held by Apple Inc.
“The company is closely working with the US customs to speed up the review,” HTC said in the statement. “The company is confident that the problem will be resolved soon.”
The US customs’ review went faster than a possible three-week examination estimated by Jeff Pu (蒲得宇), who tracks the handset industry for Fubon Securities (富邦證券), and that means the ban could have less impact on HTC’s revenue this quarter.
Originally, Pu expected US customs could spend up to three weeks checking HTC’s products, resulting in a reduction of 10 to 15 percent in the company’s revenue this quarter.
HTC, the world’s No. 5 smartphone maker, told investors last month that it expected revenue to grow 55 percent quarterly to NT$105 billion (US$3.55 billion) this quarter, recovering from a product transition period.
Last quarter, HTC’s shipments dropped 17 percent to 7.68 million units, compared with 9.3 million units in the previous year, because of competition from Apple Inc and Samsung, according to market researcher Gartner Inc’s statistics.
The Eurovision Song Contest has seen a surge in punter interest at the bookmakers, becoming a major betting event, experts said ahead of last night’s giant glamfest in Basel. “Eurovision has quietly become one of the biggest betting events of the year,” said Tomi Huttunen, senior manager of the Online Computer Finland (OCS) betting and casino platform. Betting sites have long been used to gauge which way voters might be leaning ahead of the world’s biggest televised live music event. However, bookmakers highlight a huge increase in engagement in recent years — and this year in particular. “We’ve already passed 2023’s total activity and
Nvidia Corp CEO Jensen Huang (黃仁勳) today announced that his company has selected "Beitou Shilin" in Taipei for its new Taiwan office, called Nvidia Constellation, putting an end to months of speculation. Industry sources have said that the tech giant has been eyeing the Beitou Shilin Science Park as the site of its new overseas headquarters, and speculated that the new headquarters would be built on two plots of land designated as "T17" and "T18," which span 3.89 hectares in the park. "I think it's time for us to reveal one of the largest products we've ever built," Huang said near the
China yesterday announced anti-dumping duties as high as 74.9 percent on imports of polyoxymethylene (POM) copolymers, a type of engineering plastic, from Taiwan, the US, the EU and Japan. The Chinese Ministry of Commerce’s findings conclude a probe launched in May last year, shortly after the US sharply increased tariffs on Chinese electric vehicles, computer chips and other imports. POM copolymers can partially replace metals such as copper and zinc, and have various applications, including in auto parts, electronics and medical equipment, the Chinese ministry has said. In January, it said initial investigations had determined that dumping was taking place, and implemented preliminary
Intel Corp yesterday reinforced its determination to strengthen its partnerships with Taiwan’s ecosystem partners including original-electronic-manufacturing (OEM) companies such as Hon Hai Precision Industry Co (鴻海精密) and chipmaker United Microelectronics Corp (UMC, 聯電). “Tonight marks a new beginning. We renew our new partnership with Taiwan ecosystem,” Intel new chief executive officer Tan Lip-bu (陳立武) said at a dinner with representatives from the company’s local partners, celebrating the 40th anniversary of the US chip giant’s presence in Taiwan. Tan took the reins at Intel six weeks ago aiming to reform the chipmaker and revive its past glory. This is the first time Tan