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January, 21, 2017

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Business > Company Focus
Sharp Corp., partially owned by Hon Hai, has sharply boosted its stakes in Japanese lens module maker Kantatsu in a bid to win iPhone orders away from Taiwan's Largan Precision, the Central News Agency (CNA) cited Japanese news media as reporting on Friday.
 
Paramount Pictures said Friday it has inked a co-financing deal with two Chinese companies for the Hollywood studio's slate of movies over the next three years.
 
Uber has agreed to pay US$20 million to settle charges that the ride-sharing company exaggerated claims about driver pay and new car financing, U.S. regulators said on Thursday.
 
Samsung Electronics says it will announce the reason why its Galaxy Note 7 smartphones overheated and caught fire on Jan. 23.
 
Facebook CEO Mark Zuckerberg is going to court to gain ownership of isolated pockets of land tucked away within his sprawling estate in Hawaii.
 
Pizza Hut is gearing up for the Super Bowl by hiring 11,000 people in the U.S. to cook up its pies, deliver them to hungry customers or manage its restaurants.
 
International Business Machines Corp. (IBM) on Thursday reported fourth-quarter profit of US$4.5 billion.
 
Virtual reality shines at Taipei Game Show
Virtual reality (VR) is the star of this year's Taipei International Game Show, which is set to exhibit the largest selection of VR games in the trade show's history.
 
S. Korea furniture giant opens store in Taipei
South Korean furniture company iloom officially opened the doors to its first ever overseas flagship store on Thursday at the CityLink mall in Taipei.
 
Netflix's shrinking DVD service faces uncertain future
Originally cast in a starring role, Netflix's original DVD-by-mail service has been reduced to a bit player -- one that may eventually get killed off as the company focuses on its booming video streaming service.
 
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