Thursday, July 24, 2014
Apple quarterly profit climbed with strong demand for iPhones, particularly in China where the California company's revenue surged.
Operations of Taiwanese tire makers will not be adversely impacted by the U.S. duties probe into tires imported from China since those companies can diffuse risk by allocating orders to factories elsewhere, local media said.
McDonald's Tuesday said profit slipped in the second quarter amid fairly flat global sales as it pledged to take action against any wrongdoing in an Asian food safety scare.
British drugmaker GlaxoSmithKline (GSK) on Wednesday slashed its 2014 profits forecast as second-quarter earnings sank on the back of weak U.S. trade, adverse currency moves and a Chinese bribery probe.
The Chinese-made smartphone Redmi Note (紅米Note) was recently revealed by a Hong Kong cellphone forum to automatically connect to a mainland Chinese server unbeknownst to users, prompting various concerns regarding personal information being leaked to the communist government.
Brokerage CLSA Ltd. has raised its price target for shares of industrial computer supplier Advantech Co. (研華科技) to NT$270 (US$9.02) from NT$210 after the company forged a robotics alliance with machine tool manufacturer Hiwin Technologies Corp. (上銀科技).
LG Display Co. said profit for the April-June quarter more than doubled as a stronger won reduced the value of its foreign debt and the World Cup boosted demand for ultra-high-definition TVs.
Wednesday, July 23, 2014
According to Vietnamese media, Formosa Plastics Group (台塑) will be compensated US$2.397 million in total for its losses incurred during anti-Chinese unrest in Vietnam, US$952,000 of which will be shouldered by insurance companies, while the government will give compensation of US$1.445 million.
A Wall Street Journal report yesterday stated that Apple's upcoming iPhone 6 handset will see unprecedented shipping volumes to reach between 70 million and 80 million units before the end of this year, vastly exceeding the company's earlier handsets.
Facebook on Monday began letting people squirrel away online tidbits such as links to chew on more thoroughly later.