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December, 9, 2016

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Taiwan
Gov't is 'turning its back on  innovation,' says Uber boss
Taiwan risks "going backward" if it fails to embrace new technologies, Uber's regional chief said Tuesday at a press conference in Taipei.
 
Formosa Plastics board says it has  'high hopes' for Q4 performance
Formosa Plastics Group (FPG) held a press conference on Tuesday, Dec. 6 to discuss its production and sales performance for the month of November.
 
Financial advisors with international accounting firm PricewaterhouseCoopers (PwC) on Tuesday released tax suggestions for local firms with operations in the United States and U.S. nationals. The suggestions come after President-elect Donald Trump stated one of his top priorities is comprehensive tax reform to significantly lower individual and corporate tax rates.
 
A historic phone call between President Tsai Ing-wen and U.S. President-elect Donald Trump will act as a symbol for decades-long cordial relations between the two countries, the Ministry of Foreign Affairs (MOFA) said Tuesday.
 
Taiwan Semiconductor Manufacturing Co. (TSMC, 台積電), the world's largest contract maker of semiconductors, plans to invest NT$500 billion in its 3-nanometer (3nm) and 5-nanometer (5nm) processes, with the aim of mass-producing the chips by 2022, Technology Minister Yang Hung-duen (楊弘敦) said Tuesday.
 
Something in the water
Samples of four brands of alkaline water containers tested by the Consumers' Foundation are displayed in Taipei at a press event on Tuesday, Dec. 6. The foundation said all four had exaggerated the benefits of alkaline, a possible violation of the Act Governing Food Safety and Sanitation and the Fair Trade Act.
 
Shares of Taiwan-based Largan Precision Co. (大立光), a smartphone camera lens supplier to Apple Inc., climbed Tuesday on its November sales data and upbeat outlook for December, dealers said.
 
Prostitution ring busted
Four foreign suspects detained after allegedly engaging in prostitution are seen in photo taken in Yunlin on Tuesday, Dec. 6. Yunlin District Prosecutors Office said Tuesday that they have uncovered a prostitution ring and are scheduled to charge ring members for human trafficking. The four foreign nationals are set to be deported, prosecutors said.
 > Yunlin
 
The military has fired a warning to drone hobbyists -- stay away from airports and military installations or risk having your drones shot down.
 
Canyon tragedy
The "Wan Lian" (萬年,"ten thousand years") Canyon in Yunlin's Gukeng Township is seen in this undated file photo. Police said on Tuesday, Dec. 6 that a man and his wife from Miaoli were found dead in waters at the canyon. Authorities are still investigating the exact cause of death.
 > Yunlin
 
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