Tuesday, July 15, 2014
The U.S. dollar on Tuesday ended above NT$30 for a second consecutive day at the day's high of NT$30.042 in Taipei as the local central bank continued its intervention to keep the Taiwan dollar cheaper, according to dealers.
Monday, July 14, 2014
Worldwide smartphone shipments will continue growing in 2014, spurred on by the growing promotion of 4G Long-Term Evolution (LTE) networks, a local market information advisory firm said Friday.
Microsoft Corp. launched its 4G-enabled Lumia 930 smartphone in Taiwan Thursday, marking the second Windows phone released in Taiwan since the software giant acquired Nokia's handset division.
With worse-than-expected sales of HTC's flagship One M8, financial firm Canaccord Genuity has lowered the smartphone maker's target price from NT$145 to NT$130.
Foxconn Technology Group plans to use more robots in its various manufacturing operations as part of its efforts to replace “dangerous, boring and repeated” work, which has often been blamed for the series of suicides at its various facilities in recent years.
The Ministry of Finance's (MOF) plans to initiate consolidation among a number of state-run banks may commence before the end of this year, beginning with a release of Taiwan Business Bank (TBB, 台企銀) shares held by Mega Financial Holdings (兆豐金控), according to reports.
Sunday, July 13, 2014
The International Trade Administration (ITA) of the U.S. Department of Commerce (DOC) said Friday that it has issued a final decision to impose anti-dumping duties on oil pipe exporters from Taiwan and other countries in Asia, Europe and the Middle East.
Taiwan's major integrated circuit manufacturers are likely to give positive leads for the third quarter at their investor conferences that start next week, market analysts said Saturday, citing the expected launch of new mobile devices in the second half of the year.
Several foreign brokerages have given an optimistic forecast of third-quarter sales by Taiwan-based metal casing supplier Catcher Technology Co., citing the expected unveiling of Apple Inc.'s new generation of iPhone later this year.
The number of properties that have changed hands as gifts has registered a sharp rise since the gift tax was lowered in 2009, but housing market analysts have warned about taxation risks when reselling these units.