■ IPR protection
Genesis loses lawsuit
Genesis Microchip Inc, the world's biggest maker of chips for flat-panel computer monitors, said a US trade agency judge ruled that two Taiwanese competitors didn't infringe a patent. The US International Trade Commission administrative law judge's finding that the Genesis Microchip patent wasn't infringed by Media Reality Technologies Inc (晶捷科技) and Trumpion Microelectronics Inc (創品電子) isn't final, the company said. Genesis Microchip said it ask will the full commission to overturn the judge's finding. Three other patents remain in the case filed with the agency. Genesis Microchip, based in San Jose, California, filed the complaint seeking to ban the import of products using its patented innovations.
■ Macroeconomics
IMF raises HK's forecasts
The IMF may raise its GDP growth forecast for Hong Kong due to positive effects from close ties with the booming mainland Chinese economy, IMF deputy research director David Robinson said yesterday. Hong Kong's burgeoning economic recovery was being propelled by positive factors including a rise in Chinese tourists and the signing of the Closer Economic Partnership Arrangement (CEPA) with China in June, he said. Hong Kong firms and professionals will be granted easier access to China's huge market when the CEPA trade agreement comes into effect on Jan. 1, giving them an important headstart over foreign competitors. As a result, "the IMF is considering raising its GDP growth forecasts for Hong Kong," which currently stand at 1.5 percent for this year and 2.8 percent for next, said Robinson.
■ Semiconductros
Xilinx to farm out new chips
Xilinx Inc, the world's biggest designer of programmable semiconductors, is in talks with chipmakers, including Japanese companies, on making chips using finer circuitry widths, a move that would place the company ahead of closest rival Altera Corp in terms of production techniques. "We are now in talks with chipmakers, including the Japanese, to decide where to farm out system chips with circuitry of 65 nanometers," chief executive Willem Roelandts said in an interview this week in Tokyo without saying which companies he's talked to. A nanometer is one-billionth of a meter. The most advanced chips now use circuits with features 90 nanometers wide. The San Jose, California-based chipmaker began using 90-nanometer technology a year ahead of competitors by contracting production to Hsinchu, Taiwan-based United Microelectronics Corp (聯電), the world's No. 2 supplier of made-to-order chips.
■ Internet
US net surfers at new high
The number of US Internet users topped 150 million in September for the first time, a market research group said Tuesday. The report by comScore Media Metrix also found that time spent online also grew, driven by students returning to universities after summer vacation. "In September, a number events impacted Americans' use of the Internet, including Hurricane Isabel, the kickoff of the NFL [National Football League] season and students returning to school," said Peter Daboll, president of comScore Media Metrix. Microsoft and its MSN sites topped the list of most visited sites with 110 million users, followed by America Online and Time Warner sites with 109 million. Close behind was Yahoo with 108 million.
WHAT WAS ALL THAT FOR? Jaw Shaw-kong said that Cheng Li-wen had pushed for more drastic cuts and attacked him, just for the outcome to be nearly identical to his bill The legislature yesterday passed a supplementary budget bill to fund the purchase of separate packages of US military equipment, with the combined amount of spending capped at NT$780 billion (US$24.8 billion). The Chinese Nationalist Party (KMT) and Taiwan People’s Party (TPP) used their legislative majority to pass the bill, which runs until 2033 and has two main funding provisions. One was for NT$300 billion of arms sales already approved by the US for Taiwan on Dec. 17 last year, the other was for NT$480 billion for another arms package expected to be announced by Washington. The bill, which fell short of the NT$1.25
Taiwanese shares yesterday posted a record daily gain of more than 1,700 points to close above 40,000 points for the first time, led by large-cap semiconductor stocks such as Taiwan Semiconductor Manufacturing Co (TSMC, 台積電) and MediaTek Inc (聯發科) amid optimism about the artificial intelligence (AI) boom. The TAIEX ended up 1,778.51 points, or 4.57 percent, at 40,705.14 after moving between 39,228.39 and 40,755.52, while the New Taiwan dollar closed up NT$0.038 at NT$31.610 per US dollar, ending three consecutive sessions of declines. Turnover on the main board totaled NT$1.007 trillion (US$31.9 billion), with foreign institutional investors buying a net NT$66.98 billion
A former television news host and six military personnel — active and retired — have been indicted on espionage charges, Kaohsiung prosecutors said yesterday. Lin Chen-you (林宸佑), a former CTi News host and YouTuber, last year allegedly made videos at the direction of a Chinese agent criticizing the Democratic Progressive Party’s recall campaign, the Ciaotou District Prosecutors’ Office told a news conference in Kaohsiung. He allegedly received 4,325 tether coins for the videos from an unidentified person surnamed Huang (黃), believed to be an agent of a hostile foreign power, they said. Lin, also known as Ma Te (馬德), has a show named
NON-INTERFERENCE: The US called Taiwan a trusted and capable partner, while an African Union leader urged nations to reflect on respect for sovereign choices Taiwan is a “trusted and capable” partner of the US and Taipei’s global relationships, including with Eswatini, provide significant benefits, the US Department of State said of President William Lai’s (賴清德) trip to the southern African kingdom. Lai arrived in the former Swaziland on Saturday on a surprise visit after a planned trip last month was canceled when Seychelles, Mauritius and Madagascar denied overflight permission for his aircraft due to Chinese pressure. “Taiwan is a trusted and capable partner of the United States and many others, and its relationships around the world provide significant benefits to the citizens of those countries,