Breaking News

be quiet! enters high-end gaming mouse market with Dark Perk Ergo and Dark Perk Sym ASUS ROG announces ROG Strix GS-BE7200 Dual-Band WiFi 7 Gaming Router Transcend Launches RDE3 microSD Express Card Reader for Next-Generation High-Speed Performance Akasa Unleashes Six New Low-Profile CPU Coolers Up to 165W TDP Cooling in Compact Form Factors SWIT announces Powercell Battery Series for Sony, Canon, Nikon, and Fujifilm Cameras

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

be quiet! enters high-end gaming mouse market with Dark Perk Ergo and Dark Perk Sym
Gaming

be quiet! enters high-end gaming mouse market with Dark Perk Ergo and Dark Perk Sym

ASUS ROG announces ROG Strix GS-BE7200 Dual-Band WiFi 7 Gaming Router
Enterprise & IT

ASUS ROG announces ROG Strix GS-BE7200 Dual-Band WiFi 7 Gaming Router

Transcend Launches RDE3 microSD Express Card Reader for Next-Generation High-Speed Performance
Cameras

Transcend Launches RDE3 microSD Express Card Reader for Next-Generation High-Speed Performance

Akasa Unleashes Six New Low-Profile CPU Coolers Up to 165W TDP Cooling in Compact Form Factors
Cooling Systems

Akasa Unleashes Six New Low-Profile CPU Coolers Up to 165W TDP Cooling in Compact Form Factors

SWIT announces Powercell Battery Series for Sony, Canon, Nikon, and Fujifilm Cameras
Cameras

SWIT announces Powercell Battery Series for Sony, Canon, Nikon, and Fujifilm Cameras

Popular Reviews

be quiet! Dark Mount Keyboard

be quiet! Dark Mount Keyboard

Terramaster F8-SSD

Terramaster F8-SSD

be quiet! Light Mount Keyboard

be quiet! Light Mount Keyboard

Soundpeats Pop Clip

Soundpeats Pop Clip

Akaso 360 Action camera

Akaso 360 Action camera

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

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