Wednesday, October 7, 2015
Former president of Nanya Technology Corp. (南亞科技) Charles Kau (高啟全) will likely make his decision on whether to join China's Tsinghua Unigroup this week, according to local media sources yesterday, which will ultimately decide the future of the domestic DRAM industry.
The Taiwan External Trade Development Council (TAITRA), Taiwan's main trade promotion body, has signed an agreement with the Eurochambres group to strengthen export cooperation among small and medium-sized enterprises.
Taiwan's communications regulator has approved a long-anticipated handset from HTC Corp. (宏達電) that the Taiwanese smartphone maker hopes will bolster its lineup and fend off competition from other budget phone vendors.
Standard Chartered Bank said Tuesday it has signed a multi-million Sale and Operating Leaseback contract with EVA Air, Taiwan's second-largest carrier, for two Airbus A330-300 aircraft that will be delivered in 2017.
Shares of Largan Precision Co. (大立光) moved sharply higher Tuesday morning after the smartphone camera lens supplier reported better-than-expected sales for September, dealers said.
Five of Acer Inc.'s (宏碁) products have been honored at the 2015 edition of Japan's Good Design Awards for their design excellence.
The latest innovations in electronics are on show at the 2015 Taipei International Electronics Show (台北國際電子產業科技展), held this year with Taiwan's first trade fair featuring e-commerce.
Tseng Ming-chung (曾銘宗), chairman of the Financial Supervisory Commission (FSC), said Tuesday that a legal maneuver by IC packager Advanced Semiconductor Engineering Inc. (ASE, 日月光) against a rival is unlikely to affect Taiwan's broader equity market.
The U.S. dollar fell against the New Taiwan dollar Tuesday, shedding NT$0.065 to close at NT$32.937 amid rising optimism that the U.S. Federal Reserve is in no hurry to kick off an interest rate hike cycle, dealers said.
Shares in Taiwan closed higher Tuesday, with the index still off an earlier high, ending below the 8,400-point mark while turnover remained moderate, failing to give a significant boost to the market, dealers said.