An executive briefing on electronics for May 13, 2011, prepared by Asia Pulse (http://www.asiapulse.com), the real-time, Asia-based wire with exclusive news, commercial intelligence and business opportunities.
CHINA'S Q1 HANDSET INTERNET GAME MARKET CAPACITY AT US$39 MLN
BEIJING - China's handset internet game market capacity was about 255 million yuan (US$39 million) in the first quarter of 2011, up 18.41 per cent over the fourth quarter in 2010, according to the latest estimation made by Analysys International, a market consultant.
The consulting agency also estimated that the handset internet games attracted 23.32 million users in the first quarter, an increase of 15.05 per cent over the previous quarter.
GS CALTEX UNIT BREAKS GROUND FOR S.KOREAN JV BATTERY PARTS PLANT
SEOUL - GS Caltex Co., South Korea's second-largest refinery, said Friday that its joint venture with a Japanese firm started work on a plant to produce anode materials for lithium-ion rechargeable batteries.
Power Carbon Technology Co. (PCT), a 50-50 joint venture between GS Caltex and Japan's top oil company JX Nippon Oil & Energy (JX NOE) Corp., will complete the plant with an annual production capacity of 2,000 tons of anode materials in Gumi, 260 kilometers southeast of Seoul, by the end of this year, GS Caltex said in a statement.
JAPAN'S SMART DEBUTS NEW HOME BATTERY, CAN ALSO POWER HYBRID CAR
TOKYO - Japan's Smart Energy Co. has developed a lithium ion rechargeable battery for households that can also be used to power hybrid vehicles.
The environmental venture in Tokyo will start selling the batteries as early as this month, targeting the Tokyo metropolitan area, where electricity shortages are expected this summer. Its goal is to sell 100 units a month, or 1,000 by the end of fiscal 2011.
JAPAN'S TOKUYAMA TO LIFT POLYCRYSTALLINE SILICON OUTPUT
TOKYO - Japan's Tokuyama Corp. (TSE:4043) said Thursday that it will spend 111 billion yen (US$1.37 billion) at home and abroad to increase production of polycrystalline silicon, which is used to make wafers for chips and solar cells.
The company expects to boost its annual output capacity to 31,000 tons in 2015, double the projected level for 2013.
HITACHI TO RE-ENTER CHINA'S LCD TV MARKET
TOKYO - Hitachi Ltd. (TSE:6501) is re-entering the flat-panel television market in China, hoping a switch to consigned production will enable it to compete on price with local manufacturers.
The Japanese electronics giant will sell five LCD TV models in China, ranging in size from 26-46 inches. Its development team will create designs suited to Chinese consumers, and production will be outsourced to a local EMS (electronics manufacturing service) firm. With 42-inch models projected to sell for 70,000 yen to 100,000 yen (US$865-$1,236), Hitachi hopes to attract demand from middle- and high-income households.
PANASONIC TO DEBUT CAR NAVIGATION SYSTEMS MADE WITH SANYO
OSAKA - Japan's Panasonic Corp. (TSE:6752) said Thursday that from June it will gradually release 13 new portable car navigation devices that it developed together with Sanyo Electric Co., which was made a wholly owned subsidiary in April.
The devices are modeled on Sanyo's hit Gorilla car navigation system and feature the same name. Employing Panasonic's high-definition wide LCD screens, the new lineup will make map reading easier.
INSTITUTE SAYS IT DID NOT BETRAY TAIWANESE COMPANIES
TAIPEI - Taiwan's state-funded Industrial Technology Research Institute (ITRI) denied Thursday that its 2010 patent lawsuit settlement with Samsung Electronics Co. (KSE:005930) has negatively affected the interests of Taiwanese companies.
At a press conference, ITRI president Shyu Jyuo-min, however, refused to disclose the details of the settlement, citing "confidentiality." Shyu said that the ITRI "did not agree to sell patents" involved in the settlement exclusively to Samsung when it reached the deal last year with the South Korean company, which is seen as a rival by local electronics companies. Nor did the ITRI ink any deal with Samsung on cross licensing, he added.
TAIWAN WELL-POISED FOR ELECTRONIC BUSINESS: APPWORKS VENTURES
TAIPEI - Taiwan is well-poised to cash in on the electronic commerce market based on its convenient logistics and product diversity, a Taipei-based startup incubator said Thursday.
"Some logistics services in Taiwan that support 24-hour delivery have become a great advantage for e-commerce development, which will help consumers obtain their online purchases as soon as possible," said Jamie Lin, a founding partner of AppWorks Ventures.
INSTITUTE SAYS TAIWAN NOT AFFECTED BY SAMSUNG DEAL
TAIPEI - Taiwan's state-funded Industrial Technology Research Institute (ITRI) denied Thursday that its 2010 patent lawsuit settlement with Samsung Electronics Co. (KSE:005930) has negatively affected the interests of Taiwanese companies.
ITRI president Shyu Jyuo-min, however, refused to disclose the details of the settlement, citing confidentiality.
SHARES OF TAIWAN'S DELTA ELECTRONICS DIVE ON RATING DOWNGRADE
TAIPEI - Shares of Taiwan's Delta Electronics Inc. (TAIEX:2308), the world's largest provider of switching power supplies, took a beating in Thursday morning trading after Credit Suisse downgraded its rating on the stock to "underperform" from "neutral." During the trade, Delta Electronics fell 4.42 per cent to NT$119.00 (US$4.15) with 10.64 million shares changing hands, while the weighted index was down 0.02 per cent at 9,018.99.
In a research report, Credit Suisse said it has concerns over Delta Electronics' strategy to diversify its business to solar cell production as falling global demand is impacting the company's bottom line.
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