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Saturday, September 13, 2014
Apple Inc. has asked suppliers to halt the production of its first smartwatch for unknown reasons, Taiwanese daily the Economic Daily News reported Tuesday ahead of a long-awaited press conference by Apple in California.
U.S. authorities threatened to fine Yahoo US$250,000 a day if it failed to comply with a secret surveillance program requiring it to hand over user data in the name of national security, court documents showed Thursday.
News surfaced that Hon Hai Precision Industry (鴻海精密) would soon be granted a mobile virtual network operator (MVNO) license by the mainland regulator, beating Taiwanese peers to the major telecom market.
As inventory levels decline, semiconductor firms will receive rush orders starting at the end of November, resulting in a rebound in share prices, Deutsche Bank (德意志銀行) forecast recently.
Shares in Taiwan trended lower Friday as investors locked in the recent gains they had built in “Apple concept stocks,” with smartphone lens supplier Largan Precision Co. (大立光電) in focus, dealers said.
Following in the steps of competitors including Uniqlo, Gap and Zara, Korean fashion brand E-Land is planning a flagship store next year in Taipei's eastern Xinyi shopping district.
Advanced Semiconductor Engineering Inc. (ASE,日月光半導體), the world's largest integrated circuit packaging and testing services provider, said Friday that it has been included by Forbes in its 2014 Asia Fabulous 50 (Fab 50) Companies list.
Chunghwa Telecom Co. (中華電信), Taiwan's leading telecom services provider, said Friday it has been selected as one of the global components of the Dow Jones Sustainability Index (DJSI) series.
Top-flight banks to leave independent Scotland
In a blow to the Scottish independence campaign, top financial groups including the Royal Bank of Scotland (RBS) and Lloyds Banking Group say they will move their headquarters to England if Scots vote to break away from the United Kingdom.
Hertz announced Thursday that it had agreed to accept three of activist shareholder Carl Icahn's nominees on the rental car company's board, two of whom will help pick a new chief executive.
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