CyberLink has decided to reduce its paid-in capital by 20% to NT$941.9 million (US$31.9 million) to hike return on equity for its stock.
The Taiwan-based provider of digital multimedia software solutions is downsizing its capital because it has NT$4.36 billion cash on hand - a sum as much as its annual revenues - and software firms usually do not need capital expenditure budgets, Cyberlink said.
CyberLink said it will offer new versions of PowerDVD, its flagship product, specifically for pre-installation in tablet PCs, with shipments to OEM clients to begin as early as second-quarter 2011.
Article translated by Adam Hwang
