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April 28, 2017

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Business > Company Focus
Delta says 150 more flights canceled as storm effects linger
Delta Air Lines said it canceled another 150 flights on Sunday as it tries to get back on schedule after severe thunderstorms that disrupted flights into and out of its hub in Atlanta.
 
Taiwan Semiconductor Manufacturing Company (TSMC, 台積電), the world's largest contract chipmaker, reported first-quarter profits lower than the company's prior guidance, falling short by NT$6 billion due to a stronger-than-expected Taiwan dollar.
 
The CEO of Barclays bank is being investigated by regulators for his attempts to unmask a whistleblower who had written anonymous letters raising concerns about a senior employee.
 
Samsung handsets, starring Bixby
A model shows off the newest Samsung flagship phones the Galaxy S8 and the Galaxy S8 plus on Monday, April 10.
 
Despite a recent sharp rise in component prices and currency fluctuations, Taiwan-based tech giant Asus (華碩) posted first-quarter revenue of NT$98.2 billion, which met analyst predictions.
 
A petroleum company under investigation for leaks in two underwater pipelines in Alaska's Cook Inlet confirmed Friday it has an issue with a third.
 
Media exec becomes 1st Taiwan student at Alibaba founder's school for entrepreneurs
George Hsieh (謝國樑), chairman of Hualien Media International Co., Ltd. (華聯國際) and publisher of The China Post, recently became Taiwan's first student at an entrepreneurs' college founded by Alibaba Group's founder Jack Ma.
 
Penghu welcomes luxury liner
America's luxury cruise ship Silver Shadow, photographed here, docked for the first time at Penghu's Magong Harbor on Friday, April 7. The cruise ship brought 116 foreign visitors to the shores of Taiwan, marking the first cruise ship this year to stop by the country and therefore officially kicking off tourist season.
 
Hon Hai Precision Industry (鴻海), also known as Foxconn Technology, has submitted a bid of more than 3 trillion Japanese yen (US$30 billion) to acquire the highly-sought after Toshiba's memory chip unit, Japanese newspaper Asahi News reported Friday.
 
Allergan acquires Zeltiq
Known worldwide for its Botulinum Toxin (BTX) brand "BOTOX," health care company Allergan announced the signing of a definitive agreement to acquire medical technology company Zeltiq for US$2.5 billion on Feb. 14. The deal is expected to be completed by the end of 2017 and hopes to expand the company's business in the aesthetic industry. Brent Saunders, company chairman and CEO, deemed the move highly compatible with the firm's own line of products, boosting sales and creating the opportunity for Allergan to become a world-class leader in the aesthetics business.
 
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