Friday, March 29, 2024
Search
  
Thursday, January 4, 2001
 Philips hard hit by CD patent expiry -paper
You are sending an email that contains the article
and a private message for your recipient(s).
Your Name:
Your e-mail: * Required!
Recipient (e-mail): *
Subject: *
Introductory Message:
HTML/Text
(Photo: Yes/No)
(At the moment, only Text is allowed...)
 
Message Text: "...Philips Electronics NV, co-developer of the compact disc, will suffer a heavy financial blow when CD patents expire this summer in most of Asia and Europe, a Dutch newspaper reported on Thursday. The patents' expiry will cost Europe's biggest electronics company 100-200 million guilders ($43-86 million) in profit per year, evening newspaper NRC Handelsblad said. The NRC quoted analysts as saying Philips earned more than 60 percent of the patent income on compact discs, with co-developer Sony of Japan the rest.

Many patents were applied for in summer 1981 and ran for 20 years, the paper said. Philips would continue to earn from later patents on specific CD production methods and CD-ROMs. The Dutch company could partially compensate its lost CD patent income with earnings from recently gained patents on DVDs (digital versatile discs), NRC Handelsblad said.No one at Philips could be reached for comment..."

 
Home | News | All News | Reviews | Articles | Guides | Download | Expert Area | Forum | Site Info
Site best viewed at 1024x768+ - CDRINFO.COM 1998-2024 - All rights reserved -
Privacy policy - Contact Us .