Mon, Jan 28, 2013 - Page 14 News List

[ BUSINESS BRIEFS ]

Staff writer, with Agencies

Easier DVD patent system

The Fair Trade Commission (FTC) on Thursday approved the formation of a patent alliance submitted by the world’s major DVD makers which aims to charge royalties at reasonable prices and not to hamper market competition.

LG Electronics Inc, Pioneer Corp, Koninklijke Philips Electronics NV and Sony Corp will form the DVD patent alliance through a new company, One-Red LLC, with each of the four companies holding a 25 percent stake, a statement issued by the commission said.

Approval is expected to make it easier for local DVD makers to license patents from these companies as they will only have to negotiate with One-Red LLC, rather than separately with all four.

Wind farm subsidies given

Three companies, including the nation’s sole electricity supplier Taiwan Power Co (Taipower, 台電), have qualified to receive a government subsidy to build model offshore wind farms, an energy official said on Friday.

Tseng Tseng-tsai (曾增材), a deputy section chief at the Bureau of Energy under the Ministry of Economic Affairs, said Taipower, Fuhai Wind Power (福海風力), and Marine Wind Power (海洋風力) had promised to build four to six wind-power generation units by 2015 and complete their offshore wind farms before 2020.

The windfarms’ combined electricity generation capacity will reach 300 megawatts.

The electricity generated will be sold to Taipower at NT$5.5626 per kilowatt hours over the next 20 years. The price was fixed by a panel set up by the government for this purpose exclusively.

Upward trend in electronics

Taiwan’s electronics industry will continue its upward trend in the first quarter of the year amid improving indicators, Barclays PLC said on Friday.

The nation’s industrial production index stood at 128.57 points last month, up 2.39 percent from the same period a year earlier, marking the sixth consecutive rise, government statistics released on Wednesday showed.

Leading indicators, such as export orders and the purchasing managers’ index, suggest that the trend of improvement in the manufacturing sector will continue in the first three months of this year, the bank said in a statement.

As HTC Corp (宏達電) only launched its new series models in November last year, it is likely that another boost in production will follow in the months to come, said Leong Wai Ho (梁偉豪), a Singapore-based economist at Barclays.

TransAsia Air gets new Airbus

Taiwanese carrier TransAsia Airways Corp (復興航空) took delivery of its second Airbus A330-300 on Saturday, in another step forward in its ongoing efforts to expand its presence in Asia.

TransAsia said the new aircraft will first be deployed on the cross-strait route during the Lunar New Year holiday, when demand for air travel rises sharply as people travel home for family gatherings.

TransAsia plans to obtain another six A321-200s, 12 A321-neos, and 12 ATR-600s by 2022.

Not enough investment in IT

Companies should increase their information technology (IT) budgets amid an increasingly digital world, Gartner Inc said in a statement released on Friday.

A survey conducted by Gartner of 2,000 chief information officers around the world shows that enterprises have only realized 43 percent of the business potential of their technology and that their IT budgets have been flat to negative ever since the dot-com bubble burst in 2001 and 2002.

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