Taiwan businesses have called for a law on industrial espionage, especially by China, as growing ties have made it easier for mainland firms to steal secrets, officials and media said Thursday.
Seoul's antitrust agency said on Sunday it had fined 10 of the world's leading flat panel makers in South Korea and Taiwan a total of 194 billion won ($175 million) for price fixing.
Taiwan's government on Friday gave the green light for a plan by the island's leading flat panel maker AU Optronics Corp. to invest three billion US dollars in China.
Taiwanese IT firm Hon Hai Precision said Friday a huge fine imposed by the European Commission on its affiliate Chimei Innolux Corporation for price-fixing was "unfair" and "too high".
The European Commission has imposed 649 million euros in fines on South Korean and Taiwanese electronics firms for secretly fixing prices of LCD flat screens for Europe's TVs and computers.
Taiwan's AU Optronics Corp said Wednesday its net profit in the three months to September plummeted 98 percent from the previous quarter due to falling prices.
Taiwan is expected to approve a flat-screen maker's huge Chinese investment plan this month in another sign of the island easing high-tech controls on its formerly bitter rival, a report said Sunday.
Taiwan's AU Optronics Corp said Wednesday its net profit in the three months to June jumped 54.6 percent over the previous quarter, partly due to strong demand for high-priced items.
Taiwan's AU Optronics Corp said Sunday it would seek an injunction barring South Korean rival LG Display from exporting some products to the United States after winning a patent row.
Taiwan's AU Optronics Corp said Thursday it was setting up joint ventures with China's Haier Group and TCL Corp in the flat panel maker's latest forays into the mainland market.