Fri, May 10, 2013 - Page 14 News List

Taiwan Business Quick Take

Staff writer, with agencies

TECHNOLOGY

Vanguard’s revenue rises

Vanguard International Semiconductor Corp (世界先進), which makes driver ICs used in flat panels, yesterday posted its strongest monthly revenue for six months as wafer shipments increased on rising demand. Revenue rose 2.4 percent to NT$1.72 billion (US$58.6 million) last month, from March’s NT$1.68 billion, Vanguard said in a statement. That represented an annual increase of 24.9 percent from NT$1.38 billion in the same period last year. The firm said on Monday that growing demand for driver ICs used in mobile devices would boost wafer shipments by between 11 percent and 13 percent this quarter from last quarter’s 373,000 units.

MOBILE PHONES

AT&T cuts HTC phone price

AT&T Inc on Wednesday announced a massive US price cut for a smartphone co-launched by Facebook Inc and Taiwan’s HTC Corp (宏達電) just a month after the device went on sale. The HTC First is now priced at US$0.99 with a two-year contract, down from the initial US$99.99, while its retail price has been reduced to US$350 from US$450, according to AT&T’s Web site. The Facebook-ready handset went on sale in the US on April 12 exclusively through AT&T. It is pre-loaded with software called Facebook Home, which runs on phones using Google Inc’s Android operating system and automatically displays updates to Facebook profiles and newsfeeds on the device’s home screen.

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