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February, 20, 2017

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Business > Company Focus
Mark Zuckerberg lays out sweeping manifesto
Mark Zuckerberg's long-term vision for Facebook, laid out in a sweeping manifesto, sometimes sounds more like a utopian social guide than a business plan. Are we, he asks, "building the world we all want?"
 
Taiwan-based Hon Hai Precision Industry Co. (鴻海), the world's largest contract electronics maker, and its Japanese subsidiary Sharp have reportedly sped up plans to build a plant for the mass production of organic light-emitting diode (OLED) displays.
 
Growing local footprint
This photo shows the new flagship store of Japanese footwear and athletic apparel brand ASICS in Taipei's Daan District. The brand is strengthening its presence in Taiwan, adding the island to its chain of flagship stores around the world, including in New York, Tokyo and London.
 
Encouraged by U.S. President Donald Trump's "friendly attitude" toward the domestic oil and gas industry, Formosa Plastics Group (FPG, 台塑關係企業) said Friday it has boosted planned investments in the U.S. to approximately NT$500 billion.
 
Donald Trump's first six months in office are likely to stimulate the global economy, and Asian investors could benefit, according to Lim Say Boon (林哲文), chief investment officer of DBS Bank.
 
The axe finally fell on South Korea's once-mighty Hanjin Shipping on Friday as a Seoul court declared it bankrupt after struggling for years under the weight of billions of dollars-worth of debt.
 
Ford is not scrapping plans to build two new factories in Mexico, despite an announcement last month that it had scrapped plans for a plant in the central state of San Luis Potosi.
 
Britain's biggest trade union demanded Thursday that the government protect the local unit of General Motors from the impact of leaving the European Union as the company discusses a possible sale to French carmaker PSA Group.
 
Google announced Thursday it was launching voice-activated shopping from its artificial intelligence-powered Home speaker, in a direct challenge to Amazon's Alexa devices.
 
Google parent Alphabet said Thursday that artificial intelligence-infused navigation software has significantly sped up plans to deploy Project Loon internet balloons to serve remote regions of the world
 
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