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December, 3, 2016

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Taiwan > Business
IoT 'giving rise to security threats'
Companies and governments eager to harness the enormous growth potential of the internet of things (IoT) have rapidly produced millions of devices that could be hijacked in the service of distributed denial-of-service (DDoS) attacks, security specialists said Friday.
 
Zhang Zhijun (張志軍), head of China's Taiwan Affairs Office (國台辦), said Friday that his country continued to welcome investments from Taiwan companies but not those that support the idea of Taiwan independence.
 
Shares in Taiwan closed below the 9,200-point mark Friday as investors responded to steep falls in high-tech stocks in the United States overnight to cut their holdings in similar stocks here, dealers said.
 
Taiwanese artificial intelligence (AI) startup Appier (沛星互動科技) announced Thursday it had received NT$620 million (US$19.5 million) in foreign funding from its recent Series B round of fundraising.
 
Manufacturing activity in Taiwan expanded for the ninth consecutive month in November on the back of a recovery in global demand, giving a boost to the export-oriented sector, the Chung-Hua Institution for Economic Research (CIER, 中經院) said on Thursday.
 
TSMC: the museum
A man walks into the new TSMC Museum of Innovation (台積創新館) on Thursday, Dec. 1. The museum, which took two years to build, will celebrate the history, innovation and impact of the world's largest contract chip-maker Taiwan Semiconductor Manufactory Co. (TSMC, 台積電).
 
Shares in Taiwan closed higher Thursday, extending the momentum from a day earlier, but moved in a narrow range throughout the session with the gains capped ahead of strong technical resistance around the 9,300-point mark, dealers said.
 
Shares in Taiwan closed higher as late session buying boosted select large-cap stocks in both electronics and petrochemical sectors, while the property sector steamed ahead amid hopes that the government will push for urban renewal projects, dealers said.
 
ChipMOS Technologies, a Taiwan-based provider of semiconductor testing and packaging solutions, announced Wednesday it has terminated a plan to solicit investment from China's Tsinghua Unigroup.
 
New Motorola smartphones
Models at the launch of Motorola's new smartphone models display the Moto Z and Moto Z Play on Wednesday, Nov. 30.
 
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