Alibaba Group Holding Ltd (阿里巴巴) was the foreign company with the most local patent applications last quarter for the third consecutive quarter, the Ministry of Economic Affairs said yesterday.
Alibaba filed a total of 151 patent applications in the July-to-September quarter, a jump of 1,273 percent from the same period last year, the ministry’s Intellectual Property Office said.
Qualcomm Inc took second place with 135 applications, while Intel Corp filed 110, office data showed.
Applied Materials Inc was fourth with 108 applications and Tokyo Electron Ltd was fifth with 87 filings, the statistics showed.
Toshiba Memory Corp was sixth among foreign firms with 83 applications last quarter, the first time the Japanese firm applied for patents over the past year, the office said.
It was also the first time that China’s Oppo Mobile Telecommunications Corp (歐珀移動) applied for patents in Taiwan, with 81 applications submitted, the office added.
Taiwan Semiconductor Manufacturing Co (TSMC, 台積電) applied for a total of 225 patents last quarter, the fifth straight quarter the company led local firms in filings, the data showed.
Hon Hai Precision Industry Co (鴻海精密) followed TSMC with 114 applications, while AU Optronics Corp (AUO, 友達光電) was third with 99, the office said.
There were a total of 11,631 patent applications by domestic and foreign firms last quarter, an increase of 4 percent from the same period last year, it added.
It was the third consecutive quarter of an annual increase in filings, the data showed.
The US dollar was trading at NT$29.7 at 10am today on the Taipei Foreign Exchange, as the New Taiwan dollar gained NT$1.364 from the previous close last week. The NT dollar continued to rise today, after surging 3.07 percent on Friday. After opening at NT$30.91, the NT dollar gained more than NT$1 in just 15 minutes, briefly passing the NT$30 mark. Before the US Department of the Treasury's semi-annual currency report came out, expectations that the NT dollar would keep rising were already building. The NT dollar on Friday closed at NT$31.064, up by NT$0.953 — a 3.07 percent single-day gain. Today,
‘SHORT TERM’: The local currency would likely remain strong in the near term, driven by anticipated US trade pressure, capital inflows and expectations of a US Fed rate cut The US dollar is expected to fall below NT$30 in the near term, as traders anticipate increased pressure from Washington for Taiwan to allow the New Taiwan dollar to appreciate, Cathay United Bank (國泰世華銀行) chief economist Lin Chi-chao (林啟超) said. Following a sharp drop in the greenback against the NT dollar on Friday, Lin told the Central News Agency that the local currency is likely to remain strong in the short term, driven in part by market psychology surrounding anticipated US policy pressure. On Friday, the US dollar fell NT$0.953, or 3.07 percent, closing at NT$31.064 — its lowest level since Jan.
The New Taiwan dollar and Taiwanese stocks surged on signs that trade tensions between the world’s top two economies might start easing and as US tech earnings boosted the outlook of the nation’s semiconductor exports. The NT dollar strengthened as much as 3.8 percent versus the US dollar to 30.815, the biggest intraday gain since January 2011, closing at NT$31.064. The benchmark TAIEX jumped 2.73 percent to outperform the region’s equity gauges. Outlook for global trade improved after China said it is assessing possible trade talks with the US, providing a boost for the nation’s currency and shares. As the NT dollar
The Financial Supervisory Commission (FSC) yesterday met with some of the nation’s largest insurance companies as a skyrocketing New Taiwan dollar piles pressure on their hundreds of billions of dollars in US bond investments. The commission has asked some life insurance firms, among the biggest Asian holders of US debt, to discuss how the rapidly strengthening NT dollar has impacted their operations, people familiar with the matter said. The meeting took place as the NT dollar jumped as much as 5 percent yesterday, its biggest intraday gain in more than three decades. The local currency surged as exporters rushed to
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