Thu, Sep 24, 2015 - Page 14 News List

Taiwan Business Quick Take

Staff writer, with agencies

ONLINE SALES

Groupon to refund coupons

Groupon Taiwan yesterday said that unused coupons it has issued can be fully refunded, one day after it announced plans to suspend operations in the nation. The company said that if customers still have coupons for commodity items and travel products, they can use them before their expiration date. If they want full refunds, they can apply to the firm’s customer service center before Oct. 31, it said. Customer services will be provided until the end of March next year, it added. If customers want to return items already delivered, they can contact customer service centers within a seven-day trial period, it said.

SMARTPHONES

HTC tops sales list

HTC Corp (宏達電) topped a list of firms in terms of domestic sales volume last month with a 21.6 percent market share, industry sources said yesterday. Samsung Electronics Co was second with a 21.4 percent share, ahead of Asustek Computer Inc (華碩) with a 13 percent share, Apple Inc with 11.8 percent and Sony Corp with a 9.6 percent share, the sources said. The overall sales volume was 631,000 units last month in the smartphone market, down 2.9 percent from a month earlier, they said. Apart from the iPhone 6 and iPhone 6 Plus, the local smartphone market was largely dominated by low-to-mid-end models last month, the sources said.

CHIPMAKERS

UMC announces production

United Microelectronics Co (UMC, 聯電) yesterday said it has entered high-volume production for touch IC applications manufactured on its 0.11 micrometer eFlash process. The specialized technology, introduced by UMC in late 2012, was developed for next-generation touch controller ICs and Internet of Things applications, the company said in a statement. UMC said the technology provides smaller and faster logic devices that have higher performance results, while enabling the integration of higher-density embedded Flash and SRAM for use in microcontrollers for touch-screen products of all sizes.

BANKING

Mega approves issuance

State-run Mega Financial Holding Co (兆豐金控) on Tuesday said its board has approved the issuance of 1.15 billion new common shares in a bid to increase capital. Seventy-eight percent of the new shares are to be acquired by the company’s stakeholders, Mega Financial said in a statement. Another 12 percent will be reserved for employees, while the remaining 10 percent are to be sold to the public, the statement said. The company expects to finalize the price of the new shares by the end of next month and complete the new issuance before the end of this year.

CHOCOLATIERS

Lindt wins legal stoush

Lindt yesterday savored a victory over Haribo in a long-running legal battle after a German federal court ruled that chocolate teddy bears made by the Swiss giant were not a copy of the German sweets maker’s gummy bears. The German candy manufacturer took Lindt to court in 2012 after the Swiss chocolatier began selling their “Lindt Teddy” figurines in 2012 for the Christmas season. A German court initially ruled in favor of Haribo, but an appellate court threw out that verdict, finding that the chocolate teddies could not be mistaken for Haribo’s jelly sweets. To end the dispute, the case was brought to the German Federal Court of Justice for a final ruling.

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