Thu, Oct 24, 2013 - Page 14 News List

Taiwan News Quick Take

Staff writer, with CNA

TRADE

IC firms face ITC probes

The US International Trade Commission (ITC) said on Monday it has decided to launch an investigation into patent infringement allegations against Taiwanese IC designer MediaTek Inc (聯發科) and several other Asian electronics firms. In a statement, the ITC said Optical Devices LLC of the US filed a complaint on Sept. 3 alleging that MediaTek, China’s Lenovo Group (聯想), South Korea’s LG Electronics Inc and Samsung Electronics Co, as well as Japan’s Toshiba Corp, Nintendo Co and Panasonic Corp have infringed on the technology it uses in certain optical disc drives and related products. The products covered by the investigation include computers, computer storage devices, DVD and Blu-ray players and recorders, CD players, televisions, console gaming systems and servers, the ITC said.

INVESTMENT

China investment rises

Chinese investment in Taiwan increased in the first nine months of the year compared with a year earlier, data released by the Investment Commission showed on Monday. A total of 103 Chinese investment projects were approved in the first nine months, up 4.04 percent year-on-year, while their total value surged 137.26 percent from a year earlier to US$331.2 million. The increase in investment showed that Chinese investors have gained a better understanding of what to invest in and who to work with, the commission said.

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