Wednesday, December 17, 2014
Morgan Stanley remains optimistic toward Chinese phone maker Xiaomi Corp.'s (小米) suppliers despite the Delhi High Court's order last week that its phones be taken off Indian store shelves due to suspected patent infringement.
Shares of Delta Electronics Inc. (台達電), one of Taiwan's leading power management system suppliers, moved sharply higher Tuesday morning after the company announced a deal to acquire Eltek ASA, a Norwegian power conversion specialist, dealers said.
The U.S. dollar fell against the Taiwan dollar Tuesday, shedding NT$0.015 to close at NT$31.327 in the wake of a strengthening Japanese yen, dealers said.
Shares in Taiwan extended their losses Tuesday following a decline in American markets overnight driven by plunging international crude oil prices, dealers said.
Tuesday, December 16, 2014
One of the major challenges Taiwan is facing in Southeast Asia is the lack of free trade agreements (FTAs), causing major disadvantages for Taiwanese businesses in the long run, a Foreign Ministry official said yesterday.
High tariffs on some items and lengthy customs clearance processes remain among the greatest challenges faced by Taiwanese exporters to China, said Peter Huang, president & CEO of the Taiwan External Trade Development Council (TAITRA), on Monday.
Alibaba founder Jack Ma yesterday (馬雲) in Taipei urged Taiwanese business leaders to repair a private-sector culture that is unfriendly toward youth.
Future cross-strait economic cooperation should aim to benefit the public in tangible ways and to distribute the benefits to all, said former Vice President Vincent Siew (蕭萬長) in Taipei yesterday.1 Comment
Samsung Electronics Co. launched two mid-tier metal clad smartphones with premium designs in Taiwan Monday in an attempt to attract young consumers and regain ground from other handset makers.
Undeterred by economic uncertainty, CoCo Fresh Tea & Juice, a top Taiwanese bubble tea brand in Thailand, plans to open at least 4-5 more branches next year.