Camera lens supplier Largan Precision Co (大立光) has lodged a patent infringement complaint in the US against Taiwanese companies Ability Opto-Electronics Technology Co (先進光電) and Newmax Technology Co (新鉅科), and US notebook computer vendor HP Inc.
It marked the first time Largan has filed suit to protect its intellectual property rights for lenses used in notebook computers, although about 90 percent of its revenue is derived from lenses used in smartphones.
The Taichung-based company filed the complaint with the US Eastern District Court of Texas on Wednesday last week, accusing the three companies of infringing on four of its patents, according to information posted on the district court’s Web site.
No details about the complaint were available on the Web site. However, a report by the Chinese-language Economic Daily News said that Largan is accusing Ability and Newmax of illegally using its patents to manufacture camera lenses for notebooks, with 15 HP laptop models equipped with the problematic lenses.
“Largan has claimed that Ability illegally used four of its patents in the production of camera lenses,” Ability said in a filing with the Taiwan Stock Exchange yesterday. “The company has never intended to infringe on patents owned by other companies. We will seek a legal approach to safeguard the interests of the company and our clients.”
Ability said in the filing that it owns 235 patents granted by the US Patent and Trademark Office.
This is the second lawsuit Largan has filed against Ability.
In 2013, it sued Ability for theft of trade secrets in Taipei.
A preliminary ruling in 2017 by the Intellectual Property Court ruled in favor of Largan and ordered Ability to pay NT$1.52 billion (US$48.9 million at the current exchange rate) in compensation.
Ability has filed an appeal.
Newmax also denied any wrongdoing, it said in a separate exchange filing on Tuesday night.
Ability and Newmax yesterday saw their shares tumble 1.41 percent and 4.23 percent to NT$48.80 and NT$102 respectively in Taipei trading, after the patent litigation was disclosed.
Largan shares edged lower 0.11 percent to close at NT$4,530.
Luxury hotel Mandarin Oriental Taipei (文華東方酒店) plans to reopen its guestrooms in December to take advantage of a boom in domestic travel. The reopening would come six months after the five-star facility suspended room operations to cut costs as countries across the region impose border controls to contain the COVID-19 pandemic, diminishing demand for business travel. “We are delighted to share that Mandarin Oriental Taipei will resume room operations on December 1,” the hotel said in a statement yesterday. The hotel in Songshan District (松山) said it would adopt stringent health and safety practices to ensure the well-being of its guests and employees. It
HSBC Bank (Taiwan) Ltd (匯豐台灣商銀) has approved two sustainability-linked loans totaling NT$450 million (US$15.55 million) for Taya Group (大亞集團) and Sinbon Electronics Co (信邦電子), the bank said yesterday, adding that interest rates would fall if the borrowers’ sustainability performance improves. Those marked the first sustainability-linked loans granted by HSBC Taiwan, it said. While HSBC Taiwan has experience providing green loans for the nation’s developers of renewable energy sources to support their projects, the bank began focusing on sustainability-linked loans to meet rising demand from companies in other sectors planning to undertake sustainability programs, it said. “As we reward our clients who reach their
FRONTRUNNER: While the company’s global parent has pledged to lower emissions to 2 tonnes per employee, the local subsidiary has curbed its output to 1.8 tonnes HSBC Bank Taiwan Ltd (?豐台灣商銀) is committed to enhancing corporate social responsibility by cutting carbon emissions, boosting sustainable financing and conducting projects that result in positive social impacts such as wild bird protection, the bank said in an interview in Taipei on Friday. The bank aims to reduce its carbon emissions as its parent company, HSBC Holdings PLC, earlier this month said it targets to reduce emissions in its daily operations and supply chains to net zero by 2030, as well as net zero emissions of its portfolio of customers by 2050, it said. HSBC Taiwan has adopted measures to make its
‘NEW TRAVEL MARKET’: The carrier initially planned to lay off about 8,000 people globally, but after government intervention reduced that to 18 percent of its workforce Cathay Pacific Airways Ltd (國泰航空) would cut 6,000 jobs and close its Cathay Dragon brand, the South China Morning Post reported, as part of a strategic review to combat the unprecedented damage caused by the COVID-19 pandemic. The Hong Kong-based airline is expected to officially announce the plan after the market close today, the newspaper said. It initially planned about 8,000 layoffs globally, but after government intervention reduced that to 18 percent of its total workforce, including about 5,000 jobs in Hong Kong, it said. The company, which posted a HK$9.9 billion (US$1.3 billion) loss in the first half, has for months