| Prime News | | ![]() | ![]() | Cathay United Bank Won Bid for China United Branches
Taipei, Oct. 3, 2007 (CENS)--Cathay United Bank, under the Cathay Financial Holding, has emerged as the private bank boasting the largest number of branches, after it won the bid for the 20 branches of China United Trust & Investment Corp. at price much higher than market expectation yesterday (Oct. 2).
Cathay United Bank won the opening bidding for the "good bank" of China United Trust & Investment, including its assets and operation, requesting NT$12.9 billion of compensation from the Resolution Trust Fund, lower than that demanded by the other two rivaling bidders, Taipei Fubon Bank and Shanghai Commercial and Savings Bank. Two other contending bidders, Standard Chartered Bank and HSBC Bank, failed to tender bids at the last moment.
Since China United Trust & Investment's assets are negative NT$20.3 billion, Cathay United Bank's offer is tantamount to payment of NT$7.4 billion for the former's 20 branches, or NT$370 million each, the highest for sales of similar distressed assets by the Resolution Trust Fund, double NT$151 million paid by Union Bank of Taiwan for Chung Hsing Bank's branches in 2004 and NT$116 million by Chinatrust Bank for Hualien Business Bank's branches in May this year, the two previous highs.
Following the acquisition, the number of Cathay United Bank's branches will top 160, the highest among private banks, superseding Chinatrust Bank, with its market share in terms of assets rising from 4.6% to 4.8%.
The Resolution Trust Fund also sold off bad bank of China United Trust & Investment, or its bad-debt claims, to an Malaysian assets management firm, under GE Finance, at NT$2.727 billion yesterday.
In response to the suspicion over the excessive price paid by Cathay United Bank, Li Chang-kung, chief strategic officer of Cathay Financial Holding, justified the offer with several considerations, including miniscule 0.2% non-performing loan ratio of China United Trust and Investment, capability for relocating the latter's 20 branches to greater Taipei entirely (11 of them already in the area), boosting Cathay United Bank's branches in the region to 85, and under assessment of its real estates.
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| | ![]() | | | Chao Kuo-Shuai Appointed as CAL Chairman
Taipei, Oct. 3, 2007 (CENS)--Chao Kuo-shuai, incumbent president of China Airlines (CAL), was appointed as chairman of the airline by its board of directors yesterday (Oct. 2), taking over the helm of the company, whose operation has been haunted by the flight safety problem over the past years, including the recent fire for a plane at the Naha International Airport.
Chao, 51, won the appointment due to the backing of the Aviation Development Association, a government-sponsored body and the largest shareholder of the company. He immediately took over the new office in a swearing-in ceremony from outgoing Wei Chih-hsiung and became the youngest chairman of the airline ever. Chao reported that he will retain the presidency for a while, so that he can have sufficient time locating a successor for the position from within the CAL staff.
Chao noted that continuing improvement in flight safety is the most critical task, which has gained substantial progress in flight operation in recent years but needs more effort in the aspect of repair and maintenance. He will also dedicate to reform of the company in corporate restructuring, corporate culture, and personnel reshuffle.
Chao is a veteran in the aviation industry, beginning his aviation career from a rank-and-file member of CAL, with stints in the field including president of European, Thai, and San Francisco branches of Eva Airways, president of Mandarin Airlines, before assuming CAL presidency three years ago.
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| | ![]() | | | FSC to Tighten Qualifications for Banks to Issue Debenture Bonds
Taipei, Oct. 3, 2007 (CENS)--To avoid snowballing effects from mishandling problematic banking transactions, the Cabinet-level Financial Supervisory Commission (FSC) is considering not allowing banks with capital adequacy ratio (CAR) lower than the mandatory 8% threshold to issue debenture bonds.
FSC said it found that some banks with low CAR had issued debenture bonds to raise funds. If the regulations concerning the issuance of debenture bonds get tougher, the shareholders of these banks will have to deposit new cash to increase paid-in capital.
According to existing regulations concerning the issuance of debenture bonds, only those with insufficient reserves for writing off bad accounts aren't qualified to issue the financial instrument.
FSC said in addition to the revision of the CAR threshold, it will also review other relevant terms concerning the issuance of debenture bonds.
According to statistics compiled by the FSC and the Central Bank of China, as of the end of June, the banks that saw CAR lower than the mandatory 8% level included Far Eastern International Bank, Bank of Overseas Chinese, Cosmos Bank, EnTie Commercial Bank, and ChinFon Commercial Bank.
It is expected if the regulations concerning the threshold for issuing the debenture bonds are raised, the impact on the weaker banks will increase when they want to issue debenture bonds.
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| | ![]() | | | Genuine to Challenge NT$7B. in 2007 Sales
Taipei, Oct. 3, 2007 (CENS)--aping the profits from its penetrating the 3C sector, Genuine Inc., one of Taiwan's leading distributors of 3C (consumer electronics, communications, and computers) products, will challenge NT$7 billion (US$215.38 million at US$1:NT$32.5) in annual sales this year.
Since two and a half years ago, Genuine has been deeply engaged in the B2B2C (business to business to consumer) operations. The company saw its B2B operations account for 40% of its total sales in the first eight months of this year.
An institutional investor predicted Genuine will be able to post NT$3.6 billion (US$110.76 million) in sales in the second half of this year, up over 20% from the first half.
One of Taiwan's top-four 3C product distributors, Genuine posted NT$3.04 billion (US$93.53 million) in sales in the first half of this year, down 30% year-on-year. The company attributed the sales decline to the slashed sales of the products consigned by Lenovo Group of mainland China and Hewlett Packard Inc. of the U.S.
Genuine said it posted NT$79.66 million (US$2.45 million) in pretax earnings in the first half of this year, up 47.8% year-n-year. The company saw after-tax earnings per share reach NT$0.89 (US$0.027) in the first half of this year, up 16-fold from the year earlier.
To reach the goal of cutting production costs and escalate competitiveness, Genuine has recently completed the buildup of B2B structure with some 3,000 participating agents by placing orders and launching price negotiations on the Internet.
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| | ![]() | | | Taiwanese TV Industry Urges Gov't to Release HDTV Channels Soon
Taipei, Oct. 3, 2007 (CENS)--Chairmen of Taiwan's two major television associations recently urged the Executive Yuan, Taiwan's Cabinet, to release high-definition television (HDTV) channels by the end of November so that the island's TV industry can net the fat business opportunities posed by the Beijing Olympic Games.
W.S. Lin, chairman and president of household appliance maker Tatung Co., and C.J. Cheng, president of TV broadcaster China TV Co., Ltd., recently together visited Minister without Portfolio F.C. Lin in their respective capacity of chairman of Taiwan Digital Television Association (TDTA) and chairman of the Association of Terrestrial Television Networks (ATTN).
For the first time, the heads of the two industrial associations jointly voiced concern at the government's lukewarm attitude towards releasing HDTV channels.
Studies forecast that procurements of HDTVs will likely hit 300,000 systems in Taiwan in a year if the island would begin HDTV broadcasting next year. The procurements will likely generate an estimate of NT$15 billion (US$454 million at US$1:NT$33) in industrial revenue.
The two chairmen stressed that HDTV broadcasting will help contribute to upgrade of Taiwan's industry and create business opportunities for the household-appliance industry.
However, they added that if the government fails to release the channels by November, local TV broadcasters will not be able to prepare themselves for pilot broadcasting by June next year and, then, definitely miss commercial broadcasting of 2008 Beijing Olympic Games, which will kick off in August.
Missing the games, they stressed, means missing lucrative business opportunities, and will put Taiwan in a disadvantageous position in global HDTV competition.
Lin and Cheng said the existing five local wireless TV stations enthusiastically hope the government to release the channels as soon as possible so that they can start as early as possible investing in HDTV broadcasting equipment. They urged the Yuan to hold intra-government meetings as soon as possible to decide on the matter.
Taiwan digital television's Lin pointed out that since developing HDTVs is already a set government policy, China Television (CTV), Chinese Television Systems(CTS), Taiwan Television Enterprise Co. (TTV) and Formosa Television (FTV) had been saddled with finding no channels for their HDTV programs although they already started their HDTV broadcasting schemes.
He suggested the Cabinet-level National Communications Commission (NCC), regulator of Taiwan's communications and telecommunications industries, should appropriate the channels to operators as soon as possible.
Cheng pointed out that CTV, CTS, TTV and FTV had already paid huge royalty money for the Beijing games broadcasting franchises and started HDTV broadcasting projects. However, the government is still withholding a channel previously set for HTDV broadcasting because of sudden policy turnaround.
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| | ![]() | | | Tatung Telecom to Launch WiMAX Service in 2008
Taipei, Oct.3, 2007 (CENS)--Tatung Telecom of the Tatung Group plans to launch WiMAX service in the fourth quarter of 2008 by offering mobile Internet connection in the initial stage and then expand into other applications, according to the company's president, Vincent Chih.
The company's chairperson, Lin Guo Wen-yen, said the company's entry into WiMAX telecom service represents the group's diversification into the service industry from the manufacturing industry. She noted that choosing 2008 as the year for kicking off the service marks the 90th anniversary of the group.
The company won a license in July this year to offer WiMAX telecom service in southern Taiwan. Industry watchers pointed out that Tatung has been the most aggressive of the six license winners in carrying out service programs from its service outset timetable.
In line with the company's licensed service region, Tatung Telecom, Lin Guo announced, will open a facility in the Southern Taiwan Science Park to engage in technology research and development as well as service-application developments.
Lin Guo said her company will focus on data, broadband and multimedia services in the near future.
Chih added that the telecom company will use Tatung Group's distribution network to sell its service. He estimated his company will have at least 350 shops available for the sale by the end of next year.
Tatung's service program poses a lucrative business opportunity for equipment suppliers. The company is estimated to release orders for nearly 200 WiMAX base-station systems by the end of this year. Qualified suppliers include Nortel, Motorola, NEC and Alcatel-Lucent.
Tatung estimated its revenue to cross NT$10 billion (US$303 million at US$1:NT$33) in 10 years after starting the service. Currently, the company's major business is manufacturing of various telecom equipment including set-top boxes.
According to a Taiwan government's study, Taiwan boasts the world's second highest density of WiMAX infrastructure installation, next only to the United States. Industry watchers forecast until 2010 Taiwan will have 13 million WiMAX equipment systems at home and WiMAX industrial revenue up to NT$100 billion (US$3 billion), soaring 162 folds from 2006.
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| | ![]() | | | Strong Players Jump Onto Lucrative Used-car Bandwagon
Taipei, Oct. 3, 2007 (CENS)--Amid sluggish domestic new-car sales, automakers, car-leasing companies, and auto-financing firms are turning their eyes to the promising used-car market.
The most active players including the Yulon Group, Hotai Group, and Fortune Motors Group, which are expected to restructure the domestic used-car market by pouring ample resources unmatched by typical small-scale players.
Statistics compiled by Ministry of Transportation and Communications (MOTC) showed that a total of about 499,000 used-car were sold (or transferred) in the first eight months, compared with only 228,000 new cars sold during the same period.
Some used car dealers said that if the government could provide some commodity-tax deduction measures to used-car transactions, the export competitiveness of used-car in Taiwan is expected to further upgrade while the domestic used-car market would become more vivid.
Taiwan's new-car market has become mature, in which over 80% of the new-car buyers already own one or more cars. So automakers now pay also attentions to the used-car business.
Sinjang Corp. of the Yulon Group has introduce related know-how and expertise from a Japanese partner and set up Taiwan's largest used-car auction system, the Sinjang Automobile Value Evaluation (SAVE), which has been the major price indicator of used-car transactions.
Hotai Motor has developed the Toyota Used Car used-car sales chain around the island, making it the most successful used-car sales arm among local automakers. Hotai plans to step into used-car auction business in 2008, leading to a face-to-face competition with Yulon.
China Motor Corp., the local producer of Mitsubishi car models, also plans to develop used-car sales channels by cooperating with its distributor Shung Ye to set up used-car sales points for used Mitsubishi cars in Taiwan so as to trim the Mitsubishi used-car prices for helping new-car sales.
Fortune Motors, the largest automobile distributor in Taiwan, has also developed the Service Your Motors (SUM) used-car sales alliance, the largest such on the island, making it an unneglectable force in the sector.
Local banks and car-leasing firms are also eyeing the lucrative used-car business and have been continuously jumping onto the bandwagon. Carplus Auto Leasing Co., the largest car-leasing firm in Taiwan, has set up its used-car division to sell used vehicles for higher overall operation margin. In addition, many banks provide car-financing services have also begun setting up used-car division to self-sell used-cars so as to decrease losses generated by bad car loans.
Sinjang vice president Hung Shun-chen said that Taiwan's used-car market has transformed from a sector filled with individual, small-scale players into big-scale, brand-oriented operators. Big automobile-related conglomerates are expected to restructure the market soon with their abundant resources in brand, service capability, capital, and unmatched used-car sources.
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| | ![]() | | | GSK, NTU Hospital to Tie Up in Local Clinical Research Center
Taipei, Oct. 3, 2007 (CENS)--GlaxoSmithKline (GSK), one of the world's leading research-based pharmaceutical and healthcare companies, recently announced to tie up with local National Clinical Trial and Research Center under the National Taiwan University Hospital (NTU Hospital) to establish GSK's only clinical research center.
GSK is currently one of the top-three pharmaceutical manufacturers in the world with registered revenue of about US$47.5 billion in 2006. The company already runs 19 global R&D centers, but Hans L. Bock, president of GSK's Asia clinical R&D and medical affairs, said that his company decided to set up GSK's first clinical R&D center in Asia by recognizing Taiwan's good clinical-research capability.
Lin Fang-yu, superintendent of NTU Hospital, pointed out that GSK originally was the most well-positioned applicant for setting up an influenza vaccine R&D center in Taiwan and planned to locate the center in northern Taiwan's Chupei biomedical park. GSK's original investment project, however, Lin said, was terminated due to some policy changes, which led to NTU Hospital's withdrawing from the project and GSK's project termination. GSK finally turned instead to set up a clinical-research center in Taiwan after carrying out re-evaluations.
Industry insiders said that the government started aggressively soliciting big international companies to set up R&D center on the island by providing preferential investment terms. Taiwan government has been targeting to persuade GSK from the very start and now, in addition to GSK, an increasing number of global pharmaceutical companies such as Novatis, with some global drug makers considering to set up similar clinical research centers on the island.
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| | ![]() | | | Taiwan's Exports to and Imports from China Both Hit Record Highs in July
Taipei, Oct. 3, 2007 (CENS)--Taiwan's exports to and imports from China both hit monthly record highs in July of this year. During the month the exports to China witnessed an annual growth of 19.1% to US$6.45 billion and imports from it shot up by 19.2% to US$2.6 billion, according to the statistics released by the Bureau of Foreign Trade (BOFT) under the Ministry of Economic Affairs (MOEA).
In July, Taiwan's trade surplus with China stood at US$3.85 billion, up 19% from the corresponding figure of last year. In the same month, Taiwan's reliance on China as an export market posted at 30.4%, the second highest of its kind and slightly lower than 30.7% recorded in March of this year.
In July Taiwan's exports to China were mainly electric machinery equipment & related parts and optical items & related parts, which together accounted for US$3.7 billion or 57.4% of the total export value during the month. Among the exported items LCD panels, ICs, and electronic parts all presented an obvious growth.
In the first seven months, Taiwan's two-way trade with China reached US$55.54 billion, up 14.3% from the corresponding figure of last year. Of which, exports posted at US$39.8 billion and imports US$15.74 billion, with an annual rise of 13.8% for the former and 15.5% for the latter.
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| | ![]() | | | Cathay Financial Plans to Establish China Headquarters in Shanghai
Taipei, Oct. 3, 2007 (CENS)--Taiwan's Cathay Financial Holding Co. is reportedly planning to establish its China's headquarters in Shanghai's Pudong area to meet its expanding operations there.
About three years ago Cathay Life Insurance, an affiliate of Cathay Financial Group, cooperated with China Eastern Airlines, a leading airline company in China, to jointly establish a subsidiary in Shanghai for exploring the huge life insurance market in China. The subsidiary has rented several floors of Jin Mao Tower, one of the skyscrapers in Shanghai, as its office there.
Recently the subsidiary has actively expanded business to Fujian Province and Cathay Financial is also intending to run non-life insurance in China in the near future too. For the prospective expansion, Cathay worries that the existing office areas in Jin Mao Tower may not be large enough, so it is considering to building up own headquarters there.
China's first-rate cities such as Shanghai, Beijing and Shenzhen are quite interested in attracting foreign leading enterprises to set up their headquarters in the said cities and Taiwan's conglomerates are among those they most welcome. Recently Taiwan's two conglomerates--Evergreen Group and Hon Hai Group, the former is a titanic transportation operator and the latter an electronics giant, have already announced to establish their China headquarters in Pudong Shanghai too.
A senior official at Cathay Financial disclosed that Shanghai City Government has promised to allocate a property in Pudong for Cathay to construct its headquarters. However, before erecting the headquarters, Cathay is believed to have to solve some problems, including the consent of its partner—China Eastern Airline, the limitation set by Taiwan's government for China-bound investment, and the timing set by Shanghai City Government for any upcoming constructions to be finished within two years before the inauguration of Shanghai World Expo 2010.
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| | ![]() | | | Pioneer to Venture Into Making LCD TVs
Taipei, Oct. 3, 2007 (CENS)--The Japan-based Pioneer Electronics Inc., the world's fourth-largest supplier of plasma TVs, plans to venture into the field of 42-inch and below liquid crystal display (LCD) TVs, hoping to diversify its production from plasma models to LCD models to explore huge market demand worldwide, according to company sources.
As a globally well-known supplier of audio and video entertainment, Pioneer is expected to quickly venture into production of LCD TVs by its ample experience in branding and manufacturing.
Taiwanese suppliers of display panels, such as AU Optronics Corp., Chi Mei Optoelectronics Corp. and Chunghwa Picture Tube Ltd., all have 6- and 7.5-generation manufacturing plants of thin-film transistor (TFT) panels, boasting sufficient capacity of 42-inch and below display panels. Thus, Pioneer's venturing into LCD TVs will probably bring considerable business opportunities to them.
Panasonic, the world's largest supplier of branded plasma TVs, has already moved to launch 37-inch LCD TVs since this September, as well as broken a stereotype that a Japanese maker's 37-inch and above flat TV lines include only plasma models. This means that Japan's large-sized suppliers of plasma TVs are managing to maintain their influences in the market for plasma models, and, at mean time, deliberating to further explore the market for LCD models.
This year, sales of plasma TVs in the global market is estimated to reach 13 million units, while that of LCD models to nearly 80 million units. The figures will increase to 16 million units and 100 million units, respectively.
Pioneer recently unveiled its new KURO series plasma TV and blu-ray DVD player, for sales in Asia. The new plasma TVs are turned out from Pioneer's newest 8-generation production line, which boast the highest contrast at 20000:1 than any other competing models and will be sold to hit the market for high-end models.
Pioneer noted that it has taken its plasma TVs to explore the global market for 42-inch and above flat TVs, and now, plans to venture into the market for 42-inch and below LCD TVs due to household use triggering huge demand for small- and medium-sized LCD TVs all around the world.
At the moment, Pioneer ranks as the world's fifth-largest brand of plasma TVs in terms of market shares, only trailing Panasonic, LG, Samsung and Hitachi, and has its own manufacturing plants. The brand already projects its sales to amount to 720,000 plasma TVs this year, and to grow by 10% to between 780,000 and 800,000 units for next year.
Besides, Pioneer has four production lines of plasma display panels in Japan, of which three lines are able to turn out more than 500,000 units of 50- and 60-inch plasma TVs every year, and one to generate 400,000 units of 42-inch models.
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| | ![]() | | | Globe Union's Milim Aims for Domestic Orders in China
Taipei, Oct. 3, 2007 (CENS)--The China-based Milim G&G Ceramics Co., Ltd., a fully-owned company under Taiwan's Globe Union Group Industrial Corp., which produces porcelain sanitary products, has invested RMB50 million in constructing a new plant, which will start mass production by the end of this year at the earliest, according to company sources.
The new plant in northern China will specialize in mass producing general products, while Milim's other existing plant is to produce high-end products. Besides, Milim will install a new director for the two plants, respectively, hoping to add new momentum to its business.
Besides, after completing construction of its new plant, Milim, which has fully focused production on exports originally, will turn to venture into the Chinese market for water closets and basins and will penetrate the local market in China's Shandong Province with own branded products initially. The company wants to push up the proportion of domestic sales to 10% of its totals sales next year.
At present, Globe Union markets all around the Chinese market with its Gobo-branded sanitary products. To differentiate its sanitary products from Globe Union's middle- and high-end models, Milim is going to concentrate promotion on low- and middle-end products in the future, when moving to China's domestic market.
Chin J.H., vice president of Milim, noted that in addition to own brand Milim, the company has also had other renowned brands, namely Danze, Gobo and Gerber, with total production volume of 1.6 million items every year. The figure will increase to 2.4 million items next year, after the new plant becomes operational.
Milim has exported its sanitary products to North America, Europe, Australia and quite a few countries in Asia, and will step into China's domestic market. Its products are mainly used in high-class hotels, clubs, office buildings and houses.
To add technology-based sanitary products into its product lines, Milim has been working with China Building Material Academy and Shandong Origine Nanomaterial Engineering Co., Ltd. to collectively develop a nano-tech, antibiotic sanitary ceramic products, which has self-cleaning functions and can resist up to 99.7% bacteria on its surface.
In response to increasing concerns for water-conservation in China, Milim has come up with a new toilet flushing system, which is designed with tubes to flush 4L and 6L of water. The product has already proven effective in saving water, and been approved by China's government. This helps Milim in turn to fully explore the Chinese market, according to the company.
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| | ![]() | | | Taiwan's Touch Panel Makers Lead in Global Market Share
The value of touch panels produced worldwide in 2006 came to US$1.028 billion, to which Taiwanese makers contributed a 38% share to lead the sector, according to statistics complied by Industrial Economics & Knowledge Center (IEK) under the government-funded Industrial Technology Research Institute (ITRI).
Perhaps triggered by the launch of the Apple iPhone, which features touch screens, the demand for touch panels for consumer electronic applications has rocketed, resulting in a steady increase of the penetration rate for such high-tech item.
The IEK estimated that the global production of touch panels will grow by 50% to US$1.5 billion this year, of which Taiwanese makers will probably control a share of more than 40%, or US$600 million. Such promising outlook has lured quite a few makers in Taiwan to set foot in the sector, including Innolux Display Corp. and Wintek Corporation.
Gearing Up for Mass Production
One eager supplier who is on the cusp of turning out capacitive touch panels is Innolux, who has already announced its plan to mass produce the products in the fourth quarter of this year, with another to invest NT$1 billion to build new plants with a monthly capacity of 60,000 units.
Wintek, after venturing into making capacitive touch panels, wants to further integrate its supply chain by developing indium tin oxide (ITO) conductive glass and other capacitive products.
Other capacitive touch panel makers, including J TOUCH Corporation, Young Fast Enterprise Co., Ltd. and SWENC Inc., and ITO conductive glass suppliers, such as GemTech Optoelectronics Corp. and Applied Vacuum Coating Technologies Co., Ltd., all plan to expand production next year.
The IEK noted that touch panels are being widely installed in mobile phones, portable game consoles, personal navigation devices (PNDs) and ultra-mobile PCs (UMPCs), incurring a steady rise in the penetration rates of touch panels in the four major consumer electronics. A compound annual growth rate in the shipment of touch panels is expected to exceed 35%.
The IEK added that Taiwanese makers of touch panels mainly benefit from demands generated by Chinese suppliers of generic handsets as they heavily adopt such parts. As the demand for handsets in the Chinese market expected to break 100 million units, 60-70% of which using Taiwan-made touch panels, makers on the island are likely to snap up about 70% market share this year.
Rapid Growth in Production Value
The global production of touch panels last year totaled US$1.028 billion, to which Taiwan contributed 38%, far exceeding Korea's 4%, China's 13%, North America's 17% and Japan's 28%. The reason for such success is that Taiwanese makers know exactly what their buyers want, and together have formed an integrated supply chain to cut production costs.
With explosive demand for touch panels this year but a limited supply of ITO film, the price of the product remains US$1 per two inches, with the production value to rise sharply by 50% to US$1.5 billion.
As suppliers of related raw materials, like the Japan-based Nitto Denko Corporation, speed up production lines to ensure reliable supply in the face of burgeoning demand, the price of touch panels may fluctuate, which may impact the growth of the production value in the sector to wind down to a modest 35% next year.
Touch-panel-based products are designed to suit consumer demands—developed with various functional characteristics, such as scratch-resistant touch screens, and different models such as capacitive, ultrasonic, infrared, and electromagnetic-induction.
However, Taiwanese makers are advised to take advantage of a well-integrated supply chain in the liquid crystal display (LCD) panel making sector to actively develop panels incorporating built-in touch-screen functions. For instance, some have already succeeded in embedding a light-sensing function in a thin-film transistor (TFT) LCD panel, which can sense photo-transmission when users touch the screens, allowing users to input commands directly.
((SC)) (Sept. 2007) | |
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