Breaking News

ASUS Republic of Gamers Announces Availability of ROG Swift OLED PG27UCWM and PG32UCWM Tandem RGB OLED Gaming Monitors TAMRON announces 12-20mm F2.8 Ultra Wide-Angle Zoom DELKIN HOLDS THE LINE ON 512GB POWER CFexpress 4.0 TYPE B PRICING Viltrox Launches Ultra-Compact AF 26mm F2.8 EVO Pancake Lens XPG Unveils the New NIMBUS and NIMBUS PLUS Gaming Chairs

logo

  • Share Us
    • Facebook
    • Twitter
  • Home
  • Home
  • News
  • Reviews
  • Essays
  • Forum
  • Legacy
  • About
    • Submit News

    • Contact Us
    • Privacy

    • Promotion
    • Advertise

    • RSS Feed
    • Site Map

Search form

Taiwan Optical Media Makers Suit Philips For Veeza Royalties

Taiwan Optical Media Makers Suit Philips For Veeza Royalties

Optical Storage Sep 10,2007 0

Four Taiwan disc-makers accusing Philips of charging unfair royalties are seeking the return of paid royalties and damages, a newspaper reported Monday. Ritek, CMC Magnetics, Prodiscand Daxton have complained to the Fair Trade Commission (FTC) through the Tsar & Tsar Law Firm, the Economic Daily News reported today.

The four firms accused Philips of continuing to charge them under the Veeza scheme a royalty of 2.5 US cents per CD-R even though CD-R prices have dropped from 5 US dollars to 1 US dollar.

Philips introduced the Veeza scheme in January 2006, cutting its CD-R royalty by 44 per cent to curb the illegal use of its patented technology.

The other reason the four firms believe it is unfair for them to pay royalties is that their counterparts in China and India have been exempted from the same payments, the Taipei Times daily said.

Taiwan Information Storage Association (TISA) also issued press release today on behalf of the four companies. According to the association, the four firms are unhappy about the Veeza scheme because the royalty is 30 per cent of the product's leave-factory price, and the products must use Philips' label.

Both Ritek and CMC Magnetics had accepted Philips' Veeza licencing scheme last year.

Tags: veeza
Previous Post
SanDisk Announces the New Sansa View
Next Post
Sony Launches Limited-Edition Daxter PSP Entertainment Pack

Related Posts

  • Daxon Renews Licensing For CD-R

  • Philips to Lower CD-R Royalty Fee

  • Philips to Reduce CD Rewritable Disc Compliant Royalty Rate

  • Philips' Veeza Licensing Scheme Scores Points in China

  • Philips and CMC Conclude VEEZA Licensing Deal for CD-R Discs

  • Ritek Accepts Veeza Licensing

  • Philips Changes Licensing Scheme to Attract Pre-recorded Disc Makers

  • Taiwan CD-R disc Makers Fight Philips' Veeza

Latest News

ASUS Republic of Gamers Announces Availability of ROG Swift OLED PG27UCWM and PG32UCWM Tandem RGB OLED Gaming Monitors
Gaming

ASUS Republic of Gamers Announces Availability of ROG Swift OLED PG27UCWM and PG32UCWM Tandem RGB OLED Gaming Monitors

TAMRON announces 12-20mm F2.8 Ultra Wide-Angle Zoom
Cameras

TAMRON announces 12-20mm F2.8 Ultra Wide-Angle Zoom

DELKIN HOLDS THE LINE ON 512GB POWER CFexpress 4.0 TYPE B PRICING
Cameras

DELKIN HOLDS THE LINE ON 512GB POWER CFexpress 4.0 TYPE B PRICING

Viltrox Launches Ultra-Compact AF 26mm F2.8 EVO Pancake Lens
Cameras

Viltrox Launches Ultra-Compact AF 26mm F2.8 EVO Pancake Lens

XPG Unveils the New NIMBUS and NIMBUS PLUS Gaming Chairs
Gaming

XPG Unveils the New NIMBUS and NIMBUS PLUS Gaming Chairs

Popular Reviews

Endorfy Thock V2 Wireless Keyboard

Endorfy Thock V2 Wireless Keyboard

Dragon Touch Digital Calendar

Dragon Touch Digital Calendar

be quiet! Pure Loop 3 280mm

be quiet! Pure Loop 3 280mm

Noctua NF-A12x25 G2 fans

Noctua NF-A12x25 G2 fans

Soft2bet and the unseen hardware that makes instant play possible

Soft2bet and the unseen hardware that makes instant play possible

The Quiet Technology Behind the Spin

The Quiet Technology Behind the Spin

SoundPeats Cove Pro

SoundPeats Cove Pro

Kioxia Exceria Plus G3 512GB microSD

Kioxia Exceria Plus G3 512GB microSD

Main menu

  • Home
  • News
  • Reviews
  • Essays
  • Forum
  • Legacy
  • About
    • Submit News

    • Contact Us
    • Privacy

    • Promotion
    • Advertise

    • RSS Feed
    • Site Map
  • About
  • Privacy
  • Contact Us
  • Promotional Opportunities @ CdrInfo.com
  • Advertise on out site
  • Submit your News to our site
  • RSS Feed