In a twist to the US’ import ban on various HTC Corp (宏達電) smartphones, the company yesterday said some of its products blocked by US customs because of patent-infringement concerns had been allowed to enter the US market after passing the customs’ review.
“Some of our products have passed the review and have been delivered to our telecoms operators’ clients in the US,” HTC said in a statement submitted to the Taiwan Stock Exchange yesterday.
The Taoyuan-based handset maker’s statement came after two of its flagship mobile phones, HTC One X and HTC EVO 4G LTE, were prevented by US customs from entering the country after the US International Trade Commission ruled late last year that HTC had infringed on a crucial patent held by Apple Inc.
“The company is closely working with the US customs to speed up the review,” HTC said in the statement. “The company is confident that the problem will be resolved soon.”
The US customs’ review went faster than a possible three-week examination estimated by Jeff Pu (蒲得宇), who tracks the handset industry for Fubon Securities (富邦證券), and that means the ban could have less impact on HTC’s revenue this quarter.
Originally, Pu expected US customs could spend up to three weeks checking HTC’s products, resulting in a reduction of 10 to 15 percent in the company’s revenue this quarter.
HTC, the world’s No. 5 smartphone maker, told investors last month that it expected revenue to grow 55 percent quarterly to NT$105 billion (US$3.55 billion) this quarter, recovering from a product transition period.
Last quarter, HTC’s shipments dropped 17 percent to 7.68 million units, compared with 9.3 million units in the previous year, because of competition from Apple Inc and Samsung, according to market researcher Gartner Inc’s statistics.
Sweeping policy changes under US Secretary of Health and Human Services Robert F. Kennedy Jr are having a chilling effect on vaccine makers as anti-vaccine rhetoric has turned into concrete changes in inoculation schedules and recommendations, investors and executives said. The administration of US President Donald Trump has in the past year upended vaccine recommendations, with the country last month ending its longstanding guidance that all children receive inoculations against flu, hepatitis A and other diseases. The unprecedented changes have led to diminished vaccine usage, hurt the investment case for some biotechs, and created a drag that would likely dent revenues and
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HSBC Bank Taiwan Ltd (匯豐台灣商銀) and the Taiwan High Prosecutors Office recently signed a memorandum of understanding (MOU) to enhance cooperation on the suspicious transaction analysis mechanism. This landmark agreement makes HSBC the first foreign bank in Taiwan to establish such a partnership with the High Prosecutors Office, underscoring its commitment to active anti-fraud initiatives, financial inclusion, and the “Treating Customers Fairly” principle. Through this deep public-private collaboration, both parties aim to co-create a secure financial ecosystem via early warning detection and precise fraud prevention technologies. At the signing ceremony, HSBC Taiwan CEO and head of banking Adam Chen (陳志堅)
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