Taipei, Nov. 1, 2012 (CENS)--Shieh Yih Machinery Industry Co., Ltd. vows to rank among the world’s top five manufacturers of metal-pressing machine tools in five years with consolidated revenue of NT$10 billion (US$344 million at ...
Tags: Shieh Yih Machinery Industry, metal pressing machine tools
Taipei, Nov. 1, 2012 (CENS)--Francisco Sanchez, undersecretary for international trade at the U.S. Department of Commerce, announced yesterday (Oct. 31) that the Taiwan-U.S. economic and trade relationship has been upgraded from friendship ...
Tags: international trade, Taiwan-U.S.economic and trade relationship
According to Barclays Capital, Mainland China's aluminum output remains strong, meaning the market is still not getting the supply cuts necessary to start whittling down ample global supplies. According to the British bank, copper and ...
Tags: Mainland China, aluminum output, aluminum, aluminum supply
Kao Fong Machinery Co., Ltd. estimated it to ship around 200 machine tools to mainland China in 2013 as its agents in Anhui Province are likely to conclude several lucrative deals estimated at NT$600 million (US$20 million at US$1:NT$29). ...
Taipei, Oct. 29, 2012 (CENS)--Chimei-Innolux Corp., under Hon Hai Group, is reportedly in talks with China Electronics Panda Crystal Technology (CEC Xtall) and Hisense Group of mainland China for cooperation in the forms of investment or ...
Tags: Chimei-Innolux Corp, Electronics Panda Crystal Technology, CEC Xtall
Taipei, Oct. 22, 2012 (CENS)--After having declined for six consecutive months, Taiwan's export orders received by Taiwan's traders and manufacturers inched up 1.9% to US$37.66 billion in September, according to the Ministry of Economic ...
Tags: MOEA, Taiwan's export orders, Exports, export orders, U.S.economic policy
Taipei, Oct. 19, 2012 (CENS)--Fubon Financial Holding will close a deal for the acquisition of First Sino Bank, a Taiwanese-invested bank in Shanghai, by the end of this month, at the earliest. According to insider sources, Fubon will buy ...
Tags: Fubon Financial, First Sino Bank, Taiwanese-invested bank, Bank
Genius Electrical Optical Co., Ltd.’s consolidated revenue hit all-time high of NT$1.2 billion (US$42 million at US$1:NT$29) in October, rising 30.7% from a month earlier and 87.58% year on year. Industry executives ascribed the ...
Tags: Genius Electrical, revenue
Taiwan’s HTC Corp. sold 2.8 million smartphones in mainland China in the third quarter of 2012, nearly double the amount it sold a quarter earlier in the mainland, according to market consulting firm Canalys, Meanwhile, the sale ...
Tags: HTC, Q3 Smartphone
Taiwan may be able to establish RQFII (renminbi qualified foreign institutional investor) mechanism, similar to Hong Kong, thereby facilitating the flowing back of renminbi to mainland China, which is critical for Taiwan to develop into a ...
Tags: Taiwan, RQFII Mechanism
Giga Solar Materials Corp. will add production lines at its photovoltaic conductive-paste plant in the Southern Taiwan Science Park to cope with booming orders from solar-energy equipment manufacturers. Industry executives pointed out ...
The central government-level “task force for augmenting the efficacy of the operation of public funds” resolved yesterday (Nov. 21) requiring the labor pension fund and the labor insurance fund not to clear the positions for ...
Tags: Public Funds, Small-Cap Stocks
Taipei, Nov. 13, 2012 (CENS)--San’an Optoelectronics, mainland China’s largest LED (light emitting diode) epitaxy manufacturer, announced yesterday (Nov. 12) buying into Formosa Epitaxy Inc., the second largest LED epitaxy ...
Tags: San'an Optoelectronics, LED industry, global LED market
Taipei, Nov. 14, 2012 (CENS)—Formosa Epitaxy Inc. (FOREPI) Chairman F.J. Chien yesterday said San’an Optoelectronics Co., Ltd.’s 19.9% acquisition of his company’s ownership will help his company enter mainland ...
Tags: Forepi, China's LED market, LED market
Taipei, Nov. 19, 2012 (CENS)--The offshore banking units (OBUs) and overseas branches of domestic banks are expected to contribute over 30% of domestic banks’ profits this year, a new high in the wake of the global financial tsunami. ...
Tags: Taipei, overseas business, Taiwan business, FSC