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Optical disc maker Princo fronts security deposit in order to pursue CD-R royalty case with Philips

Yen-Shyang Hwang, Taipei; Adam Hwang, DIGITIMES Asia Monday 20 July 2009 0

Second-tier Taiwan-based optical disc maker, Princo, has offered a security deposit of NT$300 million (US$9.1 million) in cash and stocks to a northern Taiwan court in an attempt to prevent Royal Philips Electronics from executing provisional seizure...

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