Saturday, January 10, 2015
Shares in Taiwan retreated Friday as Taiwan Semiconductor Manufacturing Co. (TSMC, 台積電), the market's most heavily weighted stock, came under pressure after two European brokerages downgraded the stock, dealers said.
Shares of Nanya Technology Corp. (南亞科) and Inotera Memories Inc. (華亞科), two of Taiwan's leading dynamic random access memory (DRAM) chip makers, moved higher Friday morning after their U.S. based counterpart Micron Technology Inc. soared on Wall Street overnight, dealers said.
MediaTek Inc. (聯發科), one of Taiwan's leading integrated circuit designers, said Friday that it met its sales target for the fourth quarter of last year, an achievement it attributed to solid global demand for smartphone chips.
A Japanese woman got more than a mouthful when she discovered fragments later identified as “dental material” in a McDonald's hamburger, marking the fast-food chain's latest food quality embarrassment.
The Obama administration said Thursday it is fining Honda US$70 million — the largest civil penalty levied against an automaker — for not reporting to regulators some 1,729 complaints that its vehicles caused deaths and injuries, and for not reporting warranty claims.
Apple and thousands of mobile software developers are feasting on people's ravenous appetite for apps.
Friday, January 9, 2015
Barclays Capital said Thursday that it has listed Taipei-based smartphone camera lens supplier as one of its top picks on the back of increasing demand for high-end lenses.
Samsung Electronics, the world's largest smartphone maker, flagged a lighter than expected profit decline in the fourth quarter Thursday, with memory chip sales cushioning a continued slump in mobile revenue.
Monsanto said Wednesday that its earnings fell 34 percent in the first fiscal quarter as South American farmers cut back on planting corn, reducing demand for the company's biotech-enhanced seeds.
Struggling teen clothing retailer Wet Seal is closing 338 stores, about two-thirds of its stores, resulting in nearly 3,700 full- and part-time workers losing their jobs.