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May 30, 2017

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MOST READ
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Suspects detained for vandalizing Japan-era statues at school
2
Shrimp for NT$120,000! An industry outsider rakes in 13 times the average revenue
3
Taiwan launches countermeasures amid invasion by mainland Chinese frogs
4
Ceiling tiles fall on McDonald's customers, 3 injured
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Bamboo raft returns from trip to Japan's Yonaguni Island
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Taiwan > Business
Shrimp for NT$120,000! An industry outsider rakes in 13 times the average revenue
As a man with a background in finance, Liao Nien-ching (廖年靖) is an industry outsider with no experience in shrimp farming. After a friend asked him to take on running an aquarium shrimp business, he was able to use his unique eye to pave out a new road in the market, growing revenues 13 times in only five years.
 
Check out the winners of the d&i awards and more at Computex 2017
The winners of this year's Computex d&i awards were announced at the kickoff event for the 2017 information and technology exhibit on Monday. The Taiwan External Trade Development Council (TAITRA) and the Taipei Computer Association (TCA) hosted one last press conference for Computex 2017, rounding out the promotional events for the show, which starts on Tuesday.
 
Sharp confirms plan to build flat panel plant in U.S.
Sharp Corp., a Japanese subsidiary of Taiwan-based manufacturing giant Hon Hai Precision Industry Co. (鴻海), confirmed Saturday that it is planning to set up a flat panel plant in the United States.
 
Hotai Motor's profits jump two-fold despite stagnant sales. How did they do it?
Over the past decade, Taiwan's yearly car sales have seen nearly zero growth. In an unfavorable environment, only one enterprise has posted a rise in profit, with growth that's about two-fold. This company isn't a high-tech firm with an arsenal of unique technology, and it's not a manufacturing firm with iron-willed management.
 
Exports of Taiwan-made machinery rose more than 10 percent in the first four months of 2017 from a year earlier, bolstered by strengthening global demand as the world economy continues to recover.
 
Taiwan's top statistics agency has raised its forecast for Taiwan's gross domestic product (GDP) growth this year to over 2 percent after the country's economy recorded stronger than expected growth in the first quarter.
 
Shares in Taiwan closed marginally lower Friday after moving in a narrow range throughout the session amid cautious sentiment ahead of the upcoming four-day Dragon Boat Festival holiday, dealers said.
 
TSMC plans trial production of advanced 5nm process in 2019
Taiwan Semiconductor Manufacturing Co. (TSMC, 台積電), the world's largest contract chip maker, is planning to start production of chips made using the sophisticated 5 nanometer process on a trial basis in 2019.
 
Shares in Taiwan moved higher for the fourth consecutive session to remain above the 10,000-point mark, led by electronics giants, dealers said.
 
Critical Care's NT$6 billion under siege
Last year, the government vowed to carve out NT$6 billion to support hospitals' debt-ridden critical care services. That promise has not yet materialized, and the funds have now been redistributed to all medical services -- to be shared by many. The medical community has since caught wind of this, and a heated debate has ensued.
 
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