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Tuesday, April 8, 2014
Shares of AU Optronics (AUO, 友達) and Innolux Co. (群創) recently surged dramatically amid rising demand, improving inventory prices and encouraging buying from foreign institutional investors that saw a 1 percent rebound from ten consecutive months of decline.
Economics Minister Chang Chia-juch expressed hope Monday that the Legislative Yuan will handle the service trade pact with China at the same time as it considers legislation monitoring future cross-Taiwan Strait agreements, warning that any further delay of the pact will hurt Taiwan's economy.
Asustek (華碩電腦) today will launch a trio of the Intel-powered ZenFone 4-6 in Taipei, although the target market will be China and the direct competitor will be mainland-based rising smartphone star Xiaomi Technology.
Taiwan's total imports rose by 7.5 percent from a year earlier to US$25.80 billion, while total exports in March grew by 2 percent year-on-year to US$27.76 billion, according to official statistics.
Taiwan shares closed lower Monday as investors remained cautious after the benchmark index reached a 33-month high last week, dealers said.
Taiwan -- Taiwan's CPI up 1.61 percent in March to 13-month high
Taiwan's consumer price index (CPI) for March rose 1.61 percent from the year-earlier level due to rising food costs, government statistics showed Monday. It was the largest gain in the CPI in 13 months, according to the Directorate General of Budget, Accounting and Statistics (DGBAS).
Monday, April 7, 2014
MediaTek Inc., one of Taiwan's leading integrated circuit designers, is expected to benefit from a merger with MStar Semiconductor Inc. to become the 12th-largest IC supplier in the world in 2014, according to a research report released Wednesday.
The Chung-Hua Institution for Economic Research (CIER, 中經院) is expected to make an adjustment to its 2014 GDP growth forecast of 3.03 percent, on April 15, according to local news sources.
Local airlines and travel industry groups are holding out hope that China's effective ban on its citizens changing planes in Taiwan will be lifted soon, they said Saturday, ahead of a high-profile international forum in China next week.
Taiwan-based smartphone vendor HTC Corp. is expected to enjoy sequential sales growth of up to 50 percent in the second quarter because of the launch of its new flagship model and its ambitions to penetrate mid-range markets, an advisory firm has said.
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