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Thursday, October 2, 2014
The Wintel camp's favoritism of component suppliers on the mainland is putting the local high-tech industry between hammer and anvil, says Taiwan's Market Intelligence & Consulting Institute (MIC, 資策會產業情報研究所).
 > Taiwan
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Mitsui Chemicals Inc., one of Japan's largest producers of petrochemicals, teamed up Monday with Taiwan's Industrial Technology Research Institute (ITRI) to manufacture high-safety lithium-ion battery materials in Taiwan.
The next version of Microsoft's flagship operating system will be called Windows 10, as the company skips version 9 to emphasize advances it is making toward a — centered on mobile devices and Internet services.
LG Electronics Inc. launched a new 8-inch tablet computer in Taiwan on Monday, but the South Korean handset maker said it will not release any tablets that can support the full spectrum of 4G bandwidths in the country until next year.
MasterCard, Chunghwa Telecom, banks team up
MasterCard Inc., the world's second-largest credit and debit card network, teamed up Wednesday with Chunghwa Telecom Co. (中華電信) and four banks in Taiwan to issue digital credit cards that use near-field communication (NFC) technology on smartphones.
 > Taiwan
Taiwan's manufacturing PMI fell during September: CIER
Taiwan's purchasing managers index (PMI) fell September, showing a slowing manufacturing sector, the Chung-Hua Institution for Economic Research (CIER, 中華經濟研究院) said Wednesday.
 > Taiwan
The U.S. dollar rose against the Taiwan dollar Wednesday, gaining NT$0.056 to close at NT$30.492 as traders responded to the weakness of the South Korean won by cutting their holdings in the domestic currency, dealers said.
 > Taiwan
Shares in Taiwan closed higher Wednesday despite lackluster activity on Wall Street overnight as Taiwanese suppliers in the Apple Inc. supply chain attracted bargain hunting after the U.S.
 > Taiwan
China's former richest man Wang Jianlin once bet Alibaba founder Jack Ma 100 million yuan (US$16.3 million) that online purchases in the country would not eclipse bricks-and-mortar buys in the next decade.
 > China
U.S. consumer confidence deteriorated in September after hitting the highest level in nearly seven years in August. But economists said the fall appears to be a temporary slip that shouldn't dampen consumer spending in the coming months.
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