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January, 20, 2017

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Taiwan > Business
President's rumored investment 'personal':Ambassador Hotel
The Ambassador Hotel (國賓飯店) on Wednesday responded to recent media reports that its top executive plans to acquire McDonald's Taiwan, stating that the acquisition was a personal investment of a member of the business-owning family.
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Asus announces home robot presale date
Taiwan-based tech giant Asus (華碩) announced Wednesday that presales for the first group of Zenbo home robots are scheduled to begin in January.
 
Taiwan and Germany signed a joint declaration of intent on cooperation in the field of energy transition in Taipei Wednesday to strengthen cooperative efforts on related issues.
 
Robo ho ho
A little girl reaches out to touch RoBoHoN, Sharp's humanoid robot smartphone, at National Taiwan University Children's Hospital on Wednesday, Dec. 21. Yonglin Foundation, founded by Hon Hai Group founder Terry Gou (郭台銘), jointly held a Christmas concert with the hospital, featuring a debut performance from RoBoHoN. The foundation said it hoped to bring cheer to children at the hospital.
 
Mainland China-based foundry Semiconductor Manufacturing International Corp. (SMIC) announced Wednesday that Chiang Shang-yi (蔣尚義), a former top-level executive at rival Taiwan Semiconductor Manufacturing Co. (TSMC, 台積電), will become an independent chair at the Chinese firm starting this week.
 
TransAsia Airways' stock price Wednesday nosedived to the bottom of the daily limit as chances of a takeover by Far Eastern Air Transport Corp. (FAT) became increasingly slim.
 
Acer approves NT$6.34 bil. impairment charge
Taiwan-based PC brand Acer Inc. on Tuesday said its board of directors agreed at a special meeting to recognize an impairment charge of approximately NT$6.34 billion, mainly that of intangible assets of its new cloud-related business.
 
Taiwan Mobile's flagship store gets a robot receptionist
A humanoid robot named Pepper began serving Monday as a "super receptionist" at the Taipei flagship store of Taiwan Mobile Co., one of Taiwan's major telecommunication service providers, which revealed that more of the robots will be used at some of its other outlets next year.
 
Taiwan's GDP is expected to grow by 1.73 percent next year, according to the latest forecast from the Chung-Hua Institution for Economic Research (CIER).
 
A December survey conducted by Cathay Financial Holdings on Taiwanese nationals' confidence in the economy found that a majority of people expected no changes to their wages in the new year.
 
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