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September, 28, 2016

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Taiwan > Business
Railway workers stage overnight sit-in at station
Members of the Taiwan Railway Union (TRU) staged an overnight sit-in at Taipei Main Station Thursday, in a bid to pressure the government into improving working conditions.
 
-Major telecom service providers in Taiwan have unveiled monthly service packages for buyers of the iPhone 7, the latest smartphone models from Apple Inc., ahead of the first round of global sales scheduled to kick off Friday.
 
The incumbent chief executive officer of Taiwan-based PC brand Acer Inc. (宏碁) will take the post of company chairman next year, according to Acer founder and honorary Chairman Stan Shih (施振榮).
 
A Taiwanese company has been fined US$9,000 for dumping waste water in a Vietnamese canal, an official said Tuesday, just months after another firm from the island was blamed for mass fish deaths in the country.
 
HTC working with Japanese game supplier to promote Vive in Tokyo
Taiwan-based smartphone brand HTC Corp. (宏達電) is working with Japanese game software supplier Bandai Namco Entertainment Inc. to promote its first virtual reality headset -- the HTC Vive -- in Tokyo.
 
CAL row continues
Flight attendants from China Airlines (CAL) rally outside Taoyuan City Hall Wednesday, Sept. 14, accusing the municipal government of helping their company to deny them their rights.
 
Shares in Taiwan closed lower Wednesday as investors were concerned that a possible interest rate hike by the U.S. Federal Reserve will impact markets in Europe and the U.S., dealers said.
 
Acer marks 40th anniversary
Acer's founder Stan Shih, right, and Chairman George Huang, left, give the thumbs up at a press conference in Taipei marking the PC vendor's 40th anniversary. The company announced that it will hold a series of arts performances and forums in September and October to celebrate the anniversary.
 
The Financial Supervisory Commission (FSC, 金管會) fined the scandal-hit Mega Financial Holding Co. (兆豐金控) NT$10 million and ordered the removal of six high-ranking personnel from their posts, Wednesday.
 
Far EasTone (TAIEX: 4904) today announced its unaudited results for August 2016. Far EasTone's consolidated total revenue was NT$7.763 billion. The consolidated EBITDA and net income were NT$2.590 billion and NT$1.077 billion, respectively. The unaudited EPS stands at NT$0.33, according to a press release from the company.
 
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