Breaking News

Samsung announces Galaxy Tab S11 and Galaxy S25 FE series TEAMGROUP Launches EXPERT P34F Find My External SSD NIKON RELEASES A NEW SILVER EDITION OF THE Z F FULL-FRAME MIRRORLESS CAMERA JSAUX Showcases Upcoming Switch 2 Ecosystem Solutions Ahead of IFA Berlin 2025 Viltrox Joins the L-Mount Alliance, Expanding Creative Possibilities

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

Samsung announces Galaxy Tab S11 and Galaxy S25 FE series
Smartphones

Samsung announces Galaxy Tab S11 and Galaxy S25 FE series

TEAMGROUP Launches EXPERT P34F Find My External SSD
Consumer Electronics

TEAMGROUP Launches EXPERT P34F Find My External SSD

NIKON RELEASES A NEW SILVER EDITION OF THE Z F FULL-FRAME MIRRORLESS CAMERA
Cameras

NIKON RELEASES A NEW SILVER EDITION OF THE Z F FULL-FRAME MIRRORLESS CAMERA

JSAUX Showcases Upcoming Switch 2 Ecosystem Solutions Ahead of IFA Berlin 2025
Gaming

JSAUX Showcases Upcoming Switch 2 Ecosystem Solutions Ahead of IFA Berlin 2025

Viltrox Joins the L-Mount Alliance, Expanding Creative Possibilities
Cameras

Viltrox Joins the L-Mount Alliance, Expanding Creative Possibilities

Popular Reviews

be quiet! Dark Mount Keyboard

be quiet! Dark Mount Keyboard

be quiet! Light Loop 360mm

be quiet! Light Loop 360mm

be quiet! Light Mount Keyboard

be quiet! Light Mount Keyboard

Terramaster F8-SSD

Terramaster F8-SSD

Noctua NH-D15 G2

Noctua NH-D15 G2

be quiet! Light Base 600 LX

be quiet! Light Base 600 LX

Soundpeats Pop Clip

Soundpeats Pop Clip

be quiet! Pure Base 501

be quiet! Pure Base 501

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