Wednesday, April 16, 2014
The U.S. dollar rose against the Taiwan dollar Tuesday, gaining NT$0.002 to close at NT$30.235 on the back of the local central bank's intervention to reverse the greenback's earlier losses, dealers said.
Tuesday, April 15, 2014
As the European Union strives for an 80-percent reduction in carbon emissions, Taiwan should also promise to cut down on carbon emission by 2050, said Sir David King, special representative to the foreign secretary on climate change in the UK.1 Comment
Far EasTone Telecommunications Co., Taiwan's third-largest mobile operator, announced yesterday its own-branded mid-tier 4G smartphone to make inroads into the country's new 700 megahertz (MHz) frequency.
Mobile chips used in Apple Inc. products may account for 20 percent of the sales of Taiwan Semiconductor Manufacturing Co. (TSMC) in the next two years, according to a Barclays PLC research note.
Tigerair Taiwan, a new budget carrier that will fly initially between Taiwan and other Asian destinations, is hoping to begin services in October at the earliest, its newly appointed chief executive officer said yesterday.
Taiwan's HTC Corp. will release a plastic version of its newest flagship smartphone in China next month to undercut the prices of competing products like Samsung Electronics Co.'s Galaxy S5, according to a media report.
Nomura Securities (野村證卷) yesterday stated that TSMC's (台積電) second-quarter performance may grow as much as 20 percent, exceeding the 15 percent expected by the market, while raising the company's target share price from NT$123 to NT$129, ahead of the company's earnings conference scheduled this Thursday.
Local scholars raised concern in a public hearing yesterday that the government's flagship project Free Economic Pilot Zones (FEPZ) may face public opposition, as the program may induce income disparity as well as land ownership disputes.
The global market for wearable devices will grow substantially over the next four years, as technology development is now focused on such devices, according to a report by the Institute for Information Industry (III).
Taiwan Stock Exchange (TWSE) data shows that foreign institutional investors (FINIs) last week overbought local shares worth NT$21.41 billion, an over 40-percent drop from the NT$36.45 billion a week earlier.