1. Date of Event: 07/01/115

2. Company Name: Taiya Semiconductor Co., Ltd.

3. Relationship with Company (enter '本公司' or 'Subsidiary'):本公司

4. Cross-shareholding Ratio: Not applicable

5. Media Outlet: Weekly Wang

6. Report Content: On 07/01/115, CTWant Weekly Wang reported: Desheng Photonics ordered products from renowned tech manufacturer Taiya Semiconductor in 2022... Taiya repeatedly requested Desheng to pay the NT$2.1 million invoice, but was refused, and Desheng further rejected delivery of 7,500 completed units... among other details.

7. Background: 1. Desheng Photonics Co., Ltd. (hereinafter 'Desheng Photonics') entered into a purchase order with our company in 111, ordering packaged products with special-specification substrates. Our company has fully fulfilled the order, but Desheng Photonics maliciously breached the contract by refusing to accept the goods and pay the invoice. 2. This case has already been adjudicated by the Taiwan Taoyuan District Court in a civil ruling, which decided on the transaction price for partially fulfilled deliveries and related claims for damages.

8. Response Measures: 1. Our company initiated debt recovery and damage compensation claims in 113. After litigation, we obtained a full first-instance victory at the end of 114, and the judgment is now final. 2. The case has now fully entered the compulsory enforcement and asset seizure phase, and we are actively proceeding with final debt recovery through legal counsel. 3. This case does not affect our company's sales operations and has no material impact on our financial or business operations.

9. Other Matters to be Disclosed: None.

FACT BOX

  • Source: PR Times
  • Category: News
  • Dates in source: 115/07/01