LCD glass substrate maker Corning Inc has filed a patent infringement lawsuit with the Intellectual Property Court against AvanStrate Taiwan Inc (安瀚視特台灣), the US company said yesterday.
Corning said in a statement that AvanStrate Taiwan had produced glass substrates using the manufacturing process in its Taiwan Patent No. 570901.
Tainan-based AvantStrate Taiwan is a local unit of Tokyo-based AvanStrate Inc. Its LCD glass substrates are used in flat panels for TVs, notebook computers, mobile phones and other electronic devices. The unit has about 700 employees.
Corning also filed a patent infringement lawsuit against AvanStrate’s South Korean unit, AvanStrate Korea Inc, in the Seoul Central District Court for infringing Korean Patent Nos. 1230754, 1296484, and 0762054, the statement said.
The Japanese glass substrate maker was established as a 50-50 joint venture between Hoya Corp and Nippon Sheet Glass Co in 1991 and was named NH Techno Glass Corp at the time.
The company was renamed AvanStrate in 2008 following a capital injection from Carlyle Group. It began operating in Taiwan in 2000 and South Korea in 2002.
As Taiwan is among the world’s top three LCD panel manufacturing sites, Corning has built two fabs, a research and development center, and its Asia glass technology center in the nation, the company said.
CLIENTS’ RIGHTS: Banking Bureau Deputy Director-General Lin Chih-chi said the buyer and Citibank Taiwan would need to disclose changes to branch operations DBS Bank Taiwan (星展台灣), the local unit of Singapore-based DBS Group Holdings Ltd, has reportedly won a bid to acquire Citibank Taiwan Ltd’s (花旗台灣) consumer banking business, but the two companies declined to confirm the report yesterday. Citibank Taiwan’s consumer banking business is to be sold for about NT$60 billion (US$2.17 billion) to DBS Taiwan, the Chinese-language Economic Daily News reported on Sunday. DBS Taiwan and its parent company are expediting the negotiations with the seller’s US-based parent company, while other local bidders, including Fubon Financial Holding Co (富邦金控) and Cathay Financial Holding Co (國泰金控), have dropped their bids, the report said. Citibank
Intel Corp yesterday said it has placed its first order with ASML Holding NV to purchase the semiconductor industry’s first TWINSCAN EXE: 5200 system, as the US chip giant aims to compete with Taiwan Semiconductor Manufacturing Co (TSMC, 台積電) in advancing to 2-nanometer process technology. The Dutch semiconductor equipment maker’s TWINSCAN EXE:5200 system is an extreme ultraviolet (EUV) high-volume production system with a high numerical aperture (NA) that can produce 220 wafers per hour, more than the 150 wafers that its previous generation TWINSCAN EXE:5000 system can handle. ASML aims to launch the new system in 2024. ASML president and chief
MediaTek Inc (聯發科), the world’s biggest 5G chip supplier, saw its ranking rise by one notch to No. 7 last year among world semiconductor vendors, as it benefited from the rapid 5G smartphone uptake in China after Huawei Technologies Co (華為) was forced to exit the market, Gartner Inc said in a report yesterday. MediaTek’s revenue soared 58.8 percent to US$17.45 billion last year from US$10.99 billion in 2020, outpacing the global semiconductor industry’s growth of 25 percent, according to Gartner’s tally. That gave MediaTek a 3 percent market share. The Hsinchu-based chip company ranked No. 8 in 2020, behind Texas Instruments
Siltronic AG cast doubt on a planned US$5.3 billion takeover by GlobalWafers Co (環球晶圓), saying the German Ministry of Economic Affairs and Climate Action’s feedback so far was opaque and offered no clear resolution on how to win approval for the deal. During recent discussions, the companies did not receive any information as to whether and under which conditions a clearance for the takeover might be issued, the German company said in a regulatory filing on Friday following a news report on remedies the companies have offered. In the ministry’s view “in this case, a mitigation agreement is apparently not suitable