Mon, Dec 08, 2014 - Page 14 News List

Taiwan Business Quick Take

Staff writer, with CNA

HTC’s US hold shrinks further

HTC Corp’s (宏達電) share of the US smartphone market has continued its decline, shrinking over the three months ending in October as the Taiwanese manufacturer struggled through a product transition period.

Despite the drop, the Taoyuan-based company remained the fifth-largest smartphone vendor in the US, commanding a 4.1 percent share between August and October, a proportion representing a decline of 0.6 percentage points from the May-to-July period, according to a report published on Friday by market research firm comScore Inc.

HTC was not alone in suffering a decline, with top-ranked smartphone vendor Apple Inc seeing its US market share drop by 0.5 percentage points to 41.9 percent in the August-to-October period, the report showed.

South Korea’s Samsung Electronics Co bucked the trend to maintain its second place ranking after its market share increased 0.9 percentage points to 29.3 percent, the report added.

Fellow South Korean firm LG Electronics Inc came in a distant third with a 7.4 percent market share, followed by PC maker Lenovo-owned Motorola Mobility in fourth with a 5.2 percent stake, comScore said.

In the three-month period, the researcher reported that 176 million US residents over the age of 13 were smartphone owners, making up 72.9 percent of all mobile phone subscribers in the country.

Cross-strait tech talks planned

The Ministry of Economic Affairs on Saturday said that Taiwan and China are expected to hold talks in the middle of the month to discuss technical items related to the proposed cross-strait trade in goods agreement.

The ministry said that both sides had previously planned to hold the negotiations on Friday.

The venue for the upcoming negotiations is likely to be in Beijing, the ministry said, adding that Bureau of Foreign Trade Director Yang Jen-ni (楊珍妮) will represent Taiwan in the talks. Representing China will be the director of the Taiwan, Hong Kong and Macau division of the Chinese Ministry of Commerce, Chen Xin (陳星), it said.

The talks are to focus on technical items covering issues on cross-strait markets for flat panels, machine tools, automobiles and petrochemicals.

The nation’s business sector has urged the government to speed up the pace of progress in the trade in goods pact, particularly after Beijing and Seoul concluded negotiations on a free-trade agreement last month.

According to a recent government report, the Beijing-Seoul agreement could lead Taiwan’s total exports to fall by 1.35 percent, or US$3.75 billion, after its implementation.

Taiwan tops invention shows

Taiwan outperformed other countries at two invention shows last week, taking honors at an event held in Hong Kong and another in Kuwait.

Taiwanese inventors took home 52 gold medals, 21 silvers and five bronzes at this year’s annual IDC International Invention and Design Fair in Hong Kong, which ran from Thursday to Saturday.

Among the winning Taiwanese entries was a solar-powered street lamp-like device that can prevent smog and kill germs, which earned one gold medal and a special award. The device makes use of ultraviolet light to kill germs and purify the air around it, helping to ensure cleaner air along a road if installed at 5km intervals.

Chinese environmental authorities in Beijing and Shandong Province have expressed interest in the patented product, which retails for NT$30,000 per unit, according to the Taipei-based Chinese Innovation and Invention Society.

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