Taiwan Economic News articles from April 2006

Taiwan Economic News archives from April 2006

Over NT$250 B. of Mutual Funds Will Be Invested Abroad in 2006.
April 28, 2006... (From Taiwan Economic News) Taipei, April 28, 2006 (CENS)--In light of the strong upturn of the Taiwanese stock market, domestic fund managers are also raising new funds, most of which, however, will be invested in overseas markets ...

IPC Firms Post Handsome Profits in Q1.
April 28, 2006... (From Taiwan Economic News) Taipei, April 28, 2006 (CENS)--Thanks to the consistent growth in demand based on special procurement projects, Taiwan's leading manufacturers of industrial personal computers (IPCs), including Advantech Co.,...

Chien Shing to Build Steel Mill in Vietnam.
April 28, 2006... (From Taiwan Economic News) Taipei, April 28, 2006 (CENS)--Chien Shing Stainless Steel Co., one of Taiwan's leading manufacturers of stainless steel, recently resolved to set aside US$700 million for the establishment of an integrated...

ASE Unseats UMC as Taiwan's No.2 Chip Company.
April 28, 2006... (From Taiwan Economic News) Taipei, April 28, 2006 (CENS)--Advanced Semiconductor Engineering (ASE) Inc. replaced United Microelectronics Corp. (UMC) as Taiwan's No.2 chip company last quarter with revenue of NT$24.8 billion (US$776...

Taiwan Ranks as World's No. 1 OLED-shipping Nation.
April 28, 2006... (From Taiwan Economic News) Taipei, April 28, 2006 (CENS)--Global shipments of organic light-emitting diode (OLED) panels are expected to reach 83 million units this year, up more than 30% over last year's 63 million, according to...

First Taiwan-made GM Car Rolled Out by Yulon.
April 28, 2006... (From Taiwan Economic News) Taipei, April 28, 2006 (CENS)--Yulon GM Motors Co. Ltd. (Yulon GM), a joint venture between Taiwan's Yulon Motor Co. and General Motors (GM) of the U.S., recently began promoting its first locally made sedan...

TAITRA Actively Inviting Int'l Chain Store Firms to Buy Taiwan.
April 28, 2006... (From Taiwan Economic News) Taipei, April 28, 2006 (CENS)--Taiwan External Trade Development Council (TAITRA), the government-funded trade promotion organization, is launching a "chain store firms buying Taiwan" project this year. So far...

Taiwan's Textile Exports Down 1.6% to US$2.67 B. in Q1.
April 28, 2006... (From Taiwan Economic News) Taipei, April 28, 2006 (CENS)--Taiwan's textile exports came to US$2.67 billion in the first quarter of this year, slightly down 1.6% from US$2.714 billion posted in the same quarter of last year. If the...

Industrial, Electricity Rates to Be Hiked by 10%.
April 27, 2006... (From Taiwan Economic News) Taipei, April 27, 2006 (CENS)--The Ministry of Economic Affairs (MOEA) will publicize the program for electricity-rate hikes in mid-May, according to which household-electricity rates will remain unchanged or...

Good Friend Listed in H.K. Stock Market.
April 27, 2006... (From Taiwan Economic News) Taipei, April 27, 2006 (CENS)--Good Friend International Holdings Inc., a subsidiary of Taiwan's Fair Friend Enterprise Group, has gone public on the Hong Kong Stock Exchange, marking it the first domestic...

Motorola to Outsource Production of IP STB.
April 27, 2006... (From Taiwan Economic News) Taipei, April 27, 2006 (CENS)--Motorola Corp., the world's largest manufacturer of telecommunication equipment, will end in-house production of IP STB (Internet-protocol set-top boxes) and will outsource...

Google to Develop Strong Presence in Taiwan.
April 27, 2006... (From Taiwan Economic News) Taipei, April 27, 2006 (CENS)--Lee Kai-fu, vice president, engineer, and president of Google China, said recently that his company would expand operations in Taiwan so that the island could become his...

TSMC, UMC Boast 90-nm Service Harvests.
April 27, 2006... (From Taiwan Economic News) Taipei, April 27, 2006 (CENS)--Taiwan Semiconductor Manufacturing Co. (TSMC) and United Microelectronics Corp. (UMC) have recently respectively landed lucrative foundry orders depending on 90-nm process...

AUO's Q1 Profits Outshine Samsung, LPL's.
April 27, 2006... (From Taiwan Economic News) Taipei, April 27, 2006 (CENS)--AU Optronics Corp. (AUO), Taiwan's No. 1 and the world's No. 3 maker of thin film transistor-liquid crystal display (TFT-LCD) panels, recently stated its profits for the first...

CMO Now World's Most Profitable TFT-LCD Panel Maker.
April 27, 2006... (From Taiwan Economic News) Taipei, April 27, 2006 (CENS)--Chi Mei Optoelectronics Corp. (CMO), Taiwan's No. 2 maker of thin film transistor-liquid crystal display (TFT-LCD) panels, posted eye-catching profit performance for the first...

Taiwan's Jobless Rate Edged Down to 3.87% in March.
April 27, 2006... (From Taiwan Economic News) Taipei, April 27, 2006 (CENS)--Taiwan's jobless rate edged down by 0.05 of a percentage point from a month earlier to 3.87% in March, marking the fourth consecutive month that the percentage has been lower...

CHIER Ups Prediction for Taiwan Economic Growth to 4.17% for 2006.
April 27, 2006... (From Taiwan Economic News) Taipei, April 27, 2006 (CENS)--The Chung-Hua Institution for Economic Research (CHIER), a major economic think tank in Taiwan, recently upwardly adjusted its forecast for Taiwan's economic growth this year by...

Growth Rates of Money Supplies Dropped in March.
April 26, 2006... (From Taiwan Economic News) Taipei, April 26, 2006 (CENS)--Due to sluggish private investments and consumer credit crunch of banks, triggered by the double-card debt turmoil, annual growth rates of three kinds of money supply in March...

CMO to Set Up three 8G TFT-LCD Panel Plants in Kaohsiung Science Park.
April 26, 2006... (From Taiwan Economic News) Taipei, April 26, 2006 (CENS)--To counter increasing competition from strong rivals in Taiwan and mainland China, the Chi Mei Optoelectronics Corp. (CMO), Taiwan's No. 2 maker of thin film transistor-liquid...

Acer Aims for No.3 PC Maker Globally.
April 26, 2006... (From Taiwan Economic News) Taipei, April 26, 2006 (CENS)--Acer Inc., the world's fourth-largest brand of personal computers, shipped 57 million PCs, including desktop and notebook models, in the first quarter of this year, up 45%...

HEPC of India to Expand Procurement at TITAS 2006.
April 26, 2006... (From Taiwan Economic News) Taipei, April 26, 2006 (CENS)--The India-based Handloom Export Promotion Council (HEPC) will expand the size of a visiting contingent to step up procurement of Taiwan-made textile products at the TITAS 2006...

World Telecom Carriers Seen to Make Bold Investments in IPTV Gears.
April 26, 2006... (From Taiwan Economic News) Taipei, April 26, 2006 (CENS)--Market-research organizations forecast the world market for Internet Protocol TV (IPTV) equipment to grow at a frog-leap pace at least over the next four years thanks to bold...

Taiwanese Bank Joins Mainland Chinese Chipmaker's Syndicated Loan Program.
April 26, 2006... (From Taiwan Economic News) Taipei, April 26, 2006 (CENS)--Fubon Bank (Hong Kong), a member of the Taiwan-based Fubon Financial Holding, will take part in a US$600 million syndicated loan program for mainland Chinese chipmaker...

AutoTronics, DigiTronics Taipei 2006 Score Big Success.
April 26, 2006... (From Taiwan Economic News) Taipei, April 26, 2006 (CENS)--The first Taipei International Digital Electronics Show (DigiTronics Taipei 2006) and Taipei International Automobile Electronics Show (AutoTronics Taipei 2006), held on April...

New-car Sales in Taiwan Plunges in First 4 Months.
April 26, 2006... (From Taiwan Economic News) Taipei, April 26, 2006 (CENS)--Sales of new cars in Taiwan posted a sharp annual drop of 24% in the first four months (until April 20), reaching 127.730 units, according to statistics compiled by Ministry of...

Textile Makers in Southern Taiwan Form Alliance.
April 26, 2006... (From Taiwan Economic News) Taipei, April 26, 2006 (CENS)--Some 60 makers of textiles and related products in southern Taiwan have formed an alliance to share R & D and material resources to more effectively upgrade the textile industry...

Exchange Rate of N.T. Dollar Hit Three-Month High.
April 25, 2006... (From Taiwan Economic News) Taipei, April 25, 2006 (CENS)--Stimulated by the urge for revaluation of renminbi by the G7 industrialized nations, the anticipation for renminbi's revaluation swept the Asian currencies yesterday (April 24),...

BenQ, Teco to Grab Biz Opportunities From World Football Game.
April 25, 2006... (From Taiwan Economic News) Taipei, April 25, 2006 (CENS)--Thanks to their long-term deployment of production facilities and sales channels in Europe, Taiwan's leading manufacturers of home appliances, including BenQ Corp. and Teco...

MediaTek Turns to TSMC for Foundry Service.
April 25, 2006... (From Taiwan Economic News) Taipei, April 25, 2006 (CENS)--Taiwan's No.1 fabless house, MediaTek Inc., has contracted silicon-foundry giant Taiwan Semiconductor Manufacturing Co. (TSMC) to make its chips for slim-type televisions,...

Opto Tech to Benefit From Nichia's Expansion.
April 25, 2006... (From Taiwan Economic News) Taipei, April 25, 2006 (CENS)--Opto Tech Corp. expects contracts for its light-emitting diodes (LEDs) to double throughout this year as a result of Nichia Corp.'s plan to boost capacity by 50%, according to...

AIDC Enters Automotive Electronics Fields.
April 25, 2006... (From Taiwan Economic News) Taipei, April 25, 2006 (CENS)--Aerospace Industrial Development Corp. (AIDC), the largest aircraft maker in Taiwan, has announced plans to tap the automotive line by setting up an automotive-electronics design...

20060425016 CMO Announces to Set Up 3 8G TFT-LCD Panel Plants in Kaohsiung Science Park.
April 25, 2006... (From Taiwan Economic News) Taipei, April 25, 2006 (CENS)--To confront increasing competitions from strong rivals in Taiwan and mainland China, the Chi Mei Optoelectronics Corp. (CMO), Taiwan's No. 2 thin film transistor-liquid crystal...

MOF to Intensify Management of State-Owned Shares.
April 24, 2006... (From Taiwan Economic News) Taipei, April 24, 2006 (CENS)--In response to the strong takeover bid from private financial holding firms, the Ministry of Finance (MOF) has formulated a number of measures for intensifying the management of...

TSMC Engaged in Ambitious Process Technology Plan.
April 24, 2006... (From Taiwan Economic News) Taipei, April 24, 2006 (CENS)--Taiwan Semiconductor Manufacturing Co.'s chief executive officer (CEO), Eric Tsai, said yesterday that his company has started developing 22-nm process technology, which he...

DCB, iBIO Sign Biotech Cooperation MOU.
April 24, 2006... (From Taiwan Economic News) Taipei, April 24, 2006 (CENS)--Taiwan's Development Center for Biotechnology (DCB) recently signed a cooperation memorandum of understanding (MOU) with Illinois Biotechnology Industry Organization (iBIO) to...

AUO to Invest in 8G TFT-LCD Line: Chairman Lee.
April 24, 2006... (From Taiwan Economic News) Taipei, April 24, 2006 (CENS)--K.Y. Lee, chairman of AU Optronics Corp. (AUO), Taiwan's No. 1 and the world's No. 3 maker of thin film transistor-liquid crystal display (TFT-LCD) panels, recently disclosed for...

Citibank Unseats Chinatrust as Taiwan's No. 1 Derivative Financial Dealer in February.
April 24, 2006... (From Taiwan Economic News) Taipei, April 24, 2006 (CENS)--After lagging behind for one and a half years, Citibank finally overtook Chinatrust Commercial Bank as the No. 1 dealer in Taiwan's derivative financial market in Feb. of this...

Foreign Banks Squeezed out of Taiwan's 'Top 10' Syndicated Loan Providers Club in Q1.
April 24, 2006... (From Taiwan Economic News) Taipei, April 24, 2006 (CENS)--In the first quarter of this year Taiwan's top 10 provider of syndicated loans were all domestic banks, with Chiao Tung Bank taking the lead with US$489.9 million in such loans,...

MOEA Officials Strive to Protect Two Heavy-Industry Projects.
April 21, 2006... (From Taiwan Economic News) Taipei, April 21, 2006 (CENS)--In its pre-drafted conclusions for the two-day national sustainable development conference starting April 21, the working panel of the conference has suggested the Executive Yuan...

Monitor Manufacturers Switch to LCD TVs.
April 21, 2006... (From Taiwan Economic News) Taipei, April 21, 2006 (CENS)--With an attempt to ratchet up handsome profits, Taiwan's leading manufacturers of monitors, including AmTran Technology Co. and Jean Co., are rushing to undertake production of...

Compal Sets Up Technology Center.
April 21, 2006... (From Taiwan Economic News) Taipei, April 21, 2006 (CENS)--Following the establishment of a research institute by Quanta Computer Inc., Compal Electronics Inc., one of Taiwan's leading contract manufacturers of notebook personal...

Top Three Taiwanese Telecom Firms Posted Robust Profits in Q1.
April 21, 2006... (From Taiwan Economic News) Taipei, April 21, 2006 (CENS)--In the first quarter of the year, Chunghwa Telecom Co., Ltd., and Taiwan Mobile Corp. reported after-tax income of NT$1.04 per share and NT$0.63 per share, respectively, while...

Burgeoning Biz Fuels Demand for Refurbished Chip-Making Equipment.
April 21, 2006... (From Taiwan Economic News) Taipei, April 21, 2006 (CENS)--A significant business upturn has promoted the world's first-tier chipmakers, including Taiwan Semiconductor Manufacturing Co. (TSMC) and Samsung Electronics, to join second-tier...

Giga-Byte Saw Profit Margin Fall Under 10% in Q1.
April 21, 2006... (From Taiwan Economic News) Taipei, April 21, 2006 (CENS)--The profit margins of Giga-Byte Technology Co., Ltd., a major motherboard maker in Taiwan, fell under 10% in the first quarter of the year, and some market insiders expected the...

Taiwan's Cross-Boarder Claims Up 16.64% to US$109.5 B. as of Dec. 2005.
April 21, 2006... (From Taiwan Economic News) Taipei, April 21, 2006 (CENS)--Taiwan's domestic banks posted a total of US$109.5 billion in outstanding consolidated cross-boarder claims (CCBCs) as of the end of the December of 2005, up US$15.6 billion or...

Maximum Insured Pay for Labor Insurance Will Rise to NT$45,800.
April 20, 2006... (From Taiwan Economic News) Taipei, April 20, 2006 (CENS)--On the eve of the Labor Day on May 1, the Executive Yuan has decided to give the nation's laborers a big gift by raising the maximum insured pay for the labor insurance program...

Securities Firms May Invest in China via Indirect Channel.
April 20, 2006... (From Taiwan Economic News) Taipei, April 20, 2006 (CENS)--The Financial Supervisory Commission (FSC) has planned to allow domestic securities firms to invest in mainland China via their subsidiaries in a third place, such as Hong Kong....

Top-five Life Insurers Scored Investment Gains of NT$150 B. in 2005.
April 20, 2006... (From Taiwan Economic News) Taipei, April 20, 2006 (CENS)--Taiwan's top-five life insurance companies scored NT$150 billion (US$4.61 billion at US$1:NT$32.5) from investments last year, according to statistics compiled by the non-profit...

Taiwan's Monitor Line to Challenge a 75% Global Market Share of 75%.
April 20, 2006... (From Taiwan Economic News) Taipei, April 20, 2006 (CENS)--Taiwan's monitor industry is poised to challenge a 75% market share globally this year, as Japanese manufacturers of personal computers have retreated from monitor production and...

Lotrich Wins Chinatrust Financial's Lottery System Contract.
April 20, 2006... (From Taiwan Economic News) Taipei, April 20, 2006 (CENS)--Lotrich Information Co., Ltd. outbid rivals to win contract to supply lottery information systems to Chinatrust Financial Holding Co., Ltd., which beat Taipei Fubon Bank early...

Nanya, Inotera Report A Banner Q1.
April 20, 2006... (From Taiwan Economic News) Taipei, April 20, 2006 (CENS)--Nanya Technology Corp. posted after-tax earnings of NT$0.54 per share, and its affiliate Inotera Memories Inc. NT$0.95 per share, both higher than expected Industry watchers...

ITRI Debuts Global-leading DSP, DVB-T RF Tuner.
April 20, 2006... (From Taiwan Economic News) Taipei, April 20, 2006 (CENS)--The SoC (System-on-a-Chip) Technology Center (STC) of Industrial Technology Research Institute (ITRI) has recently debuted two new "Taiwan First" products, including a...

DFI's Profits Soar 129% on New Industrial Computer Biz.
April 20, 2006... (From Taiwan Economic News) Taipei, April 20, 2006 (CENS)--DFI Corp., a second-class motherboard maker in Taiwan, witnessed its first-quarter pretax profits shoot up 129.3% from one year earlier as a result of its successful...

Taiwan's FHCs Saw Earnings Shrink in March.
April 20, 2006... (From Taiwan Economic News) Taipei, April 20, 2006 (CENS)--Plagued by bad card debts, some of Taiwan's financial holding companies (FHCs) saw their earnings drop in March, and among them were Cathay Financial Holding Co. and Chinatrust...

Gov't Adopts Measures to Alleviate Impact of Oil Price Hikes.
April 19, 2006... (From Taiwan Economic News) Taipei, April 19, 2006 (CENS)--In the face of the mounting inflationary pressure, the Executive Yuan announced six price-stabilization measures on April 18, which include reduction of gasoline tariff to 5% and...

UMC Exits MediaTek's Director Board.
April 19, 2006... (From Taiwan Economic News) Taipei, April 19, 2006 (CENS)--United Microelectronics Corp. (UMC) yesterday quit its position as a supervisor at the MediaTek Inc.'s board, abandoning its last seat at the fabless house's board of directors...

TSMC Launches Fresh Expansion.
April 19, 2006... (From Taiwan Economic News) Taipei, April 19, 2006 (CENS)--Taiwan Semiconductor Manufacturing Co. (TSMC) and administration of the Southern Taiwan Science Park separately confirmed yesterday that the world's No.1 pure silicon-foundry...

SYM's Indonesia PTW Plant to Kick Off Production in June.
April 19, 2006... (From Taiwan Economic News) Taipei, April 19, 2006 (CENS)--Sanyang Industry Co., Ltd. (SYM brand), a major powered two-wheeler (PTW) maker in Taiwan, is scheduled to kick off operation of its new PTW plant in Indonesia in June, and the...

BenQ to Oustrip Samsung in LCD Monitor Shipment in 2006.
April 19, 2006... (From Taiwan Economic News) Taipei, April 19, 2006 (CENS)--Taiwan's BenQ Corp. projects its liquid crystal display (LCD) monitor shipment to outstrip that of major South Korean rival Samsung this year, according to BenQ president and COO...

Eva Airways Posted Higher Earnings Than China Airlines in 2005.
April 19, 2006... (From Taiwan Economic News) Taipei, April 19, 2006 (CENS)--Eva Airways posted after-tax profit of NT$1.326 billion (US$39 million at US$1 = NT$34), for earnings per share (EPS) of NT$0.39 (US$0.012) in 2005, outstripping that of its...

CSC Ranks as World's No.19 Steel Producer.
April 17, 2006... (From Taiwan Economic News) Taipei, April 17, 2006 (CENS)--Taiwan-based China Steel Corp. (CSC) saw its world ranking slip to 19th last year from the previous year's 16th, according to statistics compiled by U.K.-based Metal Bulletin...

Top 3 Taiwanese DRAM Makers Raising Funds for Quick Expansions.
April 17, 2006... (From Taiwan Economic News) Taipei, April 17, 2006 (CENS)-ProMos Technology Inc., PowerChip Semiconductor Corp. (PSC) and Nanya Technology Corp. are busy raising capital for quick expansions at their dynamic random access memory (DRAM)...

Chinese Leader Offers Four Suggestions as Ground for Resuming Cross-Strait Talk.
April 17, 2006... (From Taiwan Economic News) Taipei, April 17, 2006 (CENS)--Chinese Communist Party chief Hu Jintao yesterday came up with what he called "four suggestions," based upon which mainland China and Taiwan should resume talks as soon as...

????? Yageo to Tap Automotive Electronics Market With Thin-film Resistors.
April 17, 2006... (From Taiwan Economic News) Taipei, April 17, 2006 (CENS)--Yageo Corp. of Taiwan, one of the world's leading thin-film resistor makers, recently announced that it would utilize its industry-leading laser trimming and vacuum sputtering...

AmTRAN's Vizio-brand LCD TVs Tap into Wal-Mart.
April 17, 2006... (From Taiwan Economic News) Taipei, April 17, 2006 (CENS)--AmTRAN Technology, Co. Ltd. of Taiwan, a leading maker of LCD monitors and TVs in Taiwan, recently claimed that Wal-Mat of the U.S., a leading global retail chain, will begin...

Taiwanese Banks Saw Lending Growth Drop to 8.42% in February.
April 17, 2006... (From Taiwan Economic News) Taipei, April 17, 2006 (CENS)--Influenced by the consumer finance storm caused by bad cash- and credit-card loans, the annual rise of loans extended and investments made by Taiwan's domestic banks dropped to...

CBC Expands Market Intervention to Boost Interest Rates.
April 14, 2006... (From Taiwan Economic News) Taipei, April 14, 2006 (CENS)--In order to mop up the glut of idle funds in the market and induce benchmark interest rates to rise to reasonable levels, Taiwan's Central Bank of China (CBC) has decided to...

Pan Wen-yen Assumes Chairman Post at CPC.
April 14, 2006... (From Taiwan Economic News) Taipei, April 14, 2006 (CENS)--Pan Wen-yen, former president of Taiwan's state-run Chinese Petroleum Corp. (CPC), recently came back to the company to resume the post of chairman of CPC after leaving his...

Hon Hai Saw Sales Decline 25.63% in Q1.
April 14, 2006... (From Taiwan Economic News) Taipei, April 14, 2006 (CENS)--Hon Hai Precision Industry Co., Taiwan's largest private-sector manufacturer, posted NT$174.7 billion (US$5.37 billion at US$1:NT$32.5) in sales in the first quarter, down 25.63%...

Chunghwa to Spend Billions on Next-generation Network.
April 14, 2006... (From Taiwan Economic News) Taipei, April 14, 2006 (CENS)--As world telecom operators begin to converge all communications networks onto a single digital platform, Chunghwa Telecom Co., Ltd. recently announced that it will spend...

Yageo Gains Capacitor Strength by Acquiring ChipCera Stake.
April 14, 2006... (From Taiwan Economic News) Taipei, April 14, 2006 (CENS)--Yageo Corp. recently announced it had acquired a 69% stake in high-voltage capacitor maker ChipCera Technology Co., Ltd., making it a formidable competitor to Holy Stone...

Taiwan to Ship 3 Million FVD Players, Drives This Year.
April 14, 2006... (From Taiwan Economic News) Taipei, April 14, 2006 (CENS)--Taiwan companies are expected to ship a total of about three million forward versatile disc (FVD) players and drives this year, according to estimates made by Huang Der-ray,...

Samsung, Sony Announce 8G TFT-LCD Panel-manufacturing Project.
April 14, 2006... (From Taiwan Economic News) Taipei, April 14, 2006 (CENS)--Samsung Electronics Co., Ltd. of South Korea and Sony Corp. of Japan signed a Letter Of Intent (LOI) on April 10 to manufacture eighth-generation (8G) thin film transistor-liquid...

Taiwan's State-run Enterprises Suffered Combined Loss of NT$18 B. in Q1.
April 14, 2006... (From Taiwan Economic News) Taipei, April 14, 2006 (CENS)--Due to soaring price hikes for crude oil and precious metals in the international market, three of Taiwan's government-owned enterprises-including Taiwan Power Company, Chinese...

Taiwan Saw Growing Deposits by Foreigners in February.
April 14, 2006... (From Taiwan Economic News) Taipei, April 14, 2006 (CENS)--Taiwan's outstanding local currency deposits by foreigners stood at NT$223.9 billion (US$6.59 billion at US$1 = NT$34) at the end of February, rising by NT$20.8 billion...

Taiwan's Card Issuers Plagued by Worsening Card Debt.
April 14, 2006... (From Taiwan Economic News) By JUDY LI Taiwan's issuers of cash and credit cards worked very hard last year to put more cards into circulation, and now some of them are regretting it. The problem of card debt is getting worse and worse,...

Gov't Plans to Open Up Visits by Chinese Tourists to Taiwan in Six Months.
April 13, 2006... (From Taiwan Economic News) Taipei, April 13, 2006 (CENS)--The government will open up direct visits of mainland Chinese tourists to Taiwan unilaterally, if the ongoing cross-Taiwan Strait talk on visits of mainland Chinese to Taiwan and...

Preston Chen Elected as Chairman of CNFI.
April 13, 2006... (From Taiwan Economic News) Taipei, April 13, 2006 (CENS)--Preston Chen, chairman of Ho Tung Chemical Co., was recently elected as the chairman of the Taipei-based Chinese National Federation of Industries (CNFI) and will take over the...

Top-five Non-life Insurers Controlled Half the Market in 2005.
April 13, 2006... (From Taiwan Economic News) Taipei, April 13, 2006 (CENS)--Taiwan's top-five non-life insurance companies accounted for half of the overall insurance premiums written by the industry, which comprised 23 firms last year, according to...

Taiwanese-led Unitex Opto Now No.1 LED Maker in China.
April 13, 2006... (From Taiwan Economic News) Taipei, April 13, 2006 (CENS)--Unitex Opto Co., Ltd., led by former Hsinchu City Major Tung Shen-nan, has become the No.1 supplier of epitaxy wafers for light-emitting diodes (LEDs) in mainland China, with...

PSC Eyes World No.1's Position in DRAM Supply.
April 13, 2006... (From Taiwan Economic News) Taipei, April 13, 2006 (CENS)--Taiwanese chipmaker PowerChip Semiconductor Corp. (PSC) has projected to seize the No.1 title of the world's dynamic random access memory (DRAM) industry with its Japanese...

AutoTronics Taipei 2006 to Kick Off Apr. 17 at TWTC.
April 13, 2006... (From Taiwan Economic News) Taipei, April 13, 2006 (CENS)--Asia's first and only automotive electronics fair, the 2006 Taipei International Automobile Electronics Show (AutoTronics Taipei 2006) will be held on Apr. 17-20 at the...

CMC to Sell 20% Stake in SEM to Mitsubishi Motors.
April 13, 2006... (From Taiwan Economic News) Taipei, April 13, 2006 (CENS)--Taiwan's China Motor Corp. (CMC), the local maker of Mitsubishi and Chrysler car models, will soon finalize a transaction to sell a 20% stake in mainland China-based subsidiary...

Taiwan's Daily Forex Deal Hit Record High of US$14.671 B. in Feb.
April 13, 2006... (From Taiwan Economic News) Taipei, April 13, 2006 (CENS)--Taiwan's daily foreign exchange turnover hit a new high of US$14.671 billion in February of this year, breaking the record of US$14.314 billion set in December 2005, according to...