Recently, Chien Fu Shieh, the Chairman of led linear high bay light sapphire substrate manufacturer Tera Xtal(4969), revealed that the company plans to establish crystal-growing and substrate plants in China. The plan will be carried out in 1Q12 at the soonest.
Shieh pointed out that LCD TV’s weak demand caused a steep drop in the prices of sapphire ingot and substrate. However, after its August revenue hit a low of NT$ 105 million, Tera Xtal managed to bounce back and increase the revenues in September and October to NT$ 110 million and NT$ 113 million, respectively. Although it is still an underperformance compared to the average monthly revenue (NT$ 250-280 million) in 1H11, it indicates signs of rebound.
The OLG Karlsruhe and the Landgericht Mannheim has confirmed that 10 of the claims against DOMINANT are not valid. As a result of the proceedings, the Federal Patent Court of Germany have also nullified 4 OSRAM intellectual property rights and the European Patent Office has revoked one. Osram has been ordered to pay court fees.
Following the ruling, Higher Regional led high bay light Karlsruhe only considered two OSRAM patents have been infringed. Dominant has filed oppositions against the validity of these patents and is pending. We remain confident in nullifying the patents.
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