Taiwan Economic News articles from December 2005

Taiwan Economic News archives from December 2005

Formosa Plastics Suspends Big Steel Plant Project.
December 30, 2005... (From Taiwan Economic News) Taipei, Dec. 30, 2005 (CENS)--The Formosa Plastics Group has decided to suspend its project to construct a new steel plant in Yunlin County, Taiwan, due to the opposition of newly elected county chief Su...

Robert Tsao Resigns From UMC Chairmanship.
December 30, 2005... (From Taiwan Economic News) Taipei, Dec. 30, 2005 (CENS)--Robert Tsao, chairman of United Microelectronics Corp. (UMC), recently announced on a stock market website and via e-mail that he has decided to relinquish the UMC chairmanship...

Contractor Relationship Between Asustek and Sony Weakens.
December 30, 2005... (From Taiwan Economic News) Taipei, Dec. 30, 2005 (CENS)--Sony Corp. of Japan is keeping its distance from Taiwan's Asustek Computer Inc., which has been one of Sony's major contract manufacturers in Taiwan in the past, chiefly because...

TRC Affirms Ratings on Tainan Business Bank With Outlook Revised to 'Positive'.
December 30, 2005... (From Taiwan Economic News) Taipei, Dec. 30, 2005 (CENS)--Taiwan Ratings Corp. (TRC) yesterday revised its outlook for Tainan Business Bank (TBB) to positive from stable, giving a rating of "twBBB" to the bank's long-term credit, and a...

VIA Projects Shipping 20% More Chipsets In 2006.
December 30, 2005... (From Taiwan Economic News) Taipei, Dec. 30, 2005 (CENS)--VIA Technologies projected that its chipset shipments would increase 20% in 2006 over the level in 2005, thanks to increased orders for its embedded chips in cars and to chips for...

Taiwanese DRAM Chipmakers See Signs of Recovery for DDRII Market.
December 30, 2005... (From Taiwan Economic News) Taipei, Dec. 30, 2005 (CENS)--Nanya Technology Corp. and ProMos Technologies Inc. recently said their sales of DDRII (double data rate 2) memory chips were rapidly increasing after four consecutive months of...

AUO to Procure NT$2.74 B. Worth of 7.5G TFT-LCD Equipment.
December 30, 2005... (From Taiwan Economic News) Taipei, Dec. 30, 2005 (CENS)--AU Optronics Corp. (AUO), Taiwan's No. 1 large-sized thin film transistor-liquid crystal display (TFT-LCD) panel maker, recently announced plans to procure production equipment...

Inventec to Explore Server Market in India.
December 30, 2005... (From Taiwan Economic News) Taipei, Dec. 30, 2005 (CENS)--Inventec Corp., Taiwan's leading notebook (NB) computer manufacturer, recently announced that it will invest US$3 million to set up a shareholding company in the U.S. with an...

Taiwan's Economic Indicator Flashed 4th Consecutive 'Green Light' in November.
December 30, 2005... (From Taiwan Economic News) Taipei, Dec. 30, 2005 (CENS)--Indicators monitoring Taiwan's economic performance flashed a "green" light for the fourth consecutive month in November, and the island's composite index remained at 24 points,...

Government Extends Rental Discounts for Industrial Land.
December 30, 2005... (From Taiwan Economic News) The government's program for subsidized rental of industrial land has proven so successful that it will be extended-with a switch in emphasis, however, to the traditional industries that have long been plagued...

Koninklijke Philips Transfers TSMC Shares to Royal Philips.
December 29, 2005... (From Taiwan Economic News) Taipei, Dec. 29, 2005 (CENS)--Three days before the conclusion of 2005, Koninklijke Philips Electronics N.V. transferred all of its shareholding in Taiwan Semiconductor Manufacturing Co. (TSMC) in after-hours...

Taiwan's Real Estate Market Saw Sluggish Performance in Q3, 2005.
December 29, 2005... (From Taiwan Economic News) Taipei, Dec. 29, 2005 (CENS)--The Construction Research Institute under the Ministry of the Interior (MOI) recently publicized a survey of real estate indicators for the third quarter of 2005, which showed a...

Taiwanese Engineering Contractors to Seek Bids in Emerging Economies.
December 29, 2005... (From Taiwan Economic News) Taipei, Dec. 29, 2005 (CENS)--Taiwan's engineering contractors will team up with International Federation of Asian and Western Pacific Contractors' Associations (IFAWPCA) and government organizations to tap...

UMC Executives Suspected of Committing Insider Trading.
December 29, 2005... (From Taiwan Economic News) Taipei, Dec. 29, 2005 (CENS)--Chairman Kung Chao-sheng of the Financial Supervisory Commission (FSC) said yesterday his organization would look into the recent considerable change-hands of United...

CMO Gets Initial Win in Patent-infringement Dispute With SEL of Japan.
December 29, 2005... (From Taiwan Economic News) Taipei, Dec. 29, 2005 (CENS)--The Chi Mei Optoelectronics Corp. (CMO), Taiwan's No. 2 maker of large-sized thin film transistor-liquid crystal display (TFT-LCD) panels, recently won an initial ruling in a...

Japan's SMM to Pour 3 B. Yen Into LCD Driver-IC Capacity Expansion at Local Venture.
December 29, 2005... (From Taiwan Economic News) Taipei, Dec. 29, 2005 (CENS)--Sumitomo Metal Mining Co., Ltd. (SMM) of Japan recently announced plans to pour 3 billion Japanese yen (NT$848 million) into doubling the production capacity at its local venture,...

M1B Money Supply Rose in November But Still Saw 'Black Cross'.
December 29, 2005... (From Taiwan Economic News) Taipei, Dec. 29, 2005 (CENS)--The annual growth of M1B, one of Taiwan's major money supply indicators, bounced back from its previous falling trend to 5.44% in November, up 0.05 of a percentage point from...

MOEA Plans to Invest NT$16.5 B. in Developing Renewable Energy.
December 28, 2005... (From Taiwan Economic News) Taipei, Dec. 28, 2005 (CENS)--Ho Mei-yueh, economics minister, pointed out that with renewable industries having become new emerging industries, the Ministry of Economic Affairs plans to invest NT$16.5...

TRC: Cota Commercial Bank Ratings Affirmed; Outlook Stable.
December 28, 2005... (From Taiwan Economic News) Taipei, Dec. 28, 2005 (CENS)--Taiwan Ratings Corp. (TRC), one of the well-established credit-rating concerns operating in Taiwan, yesterday affirmed its 'twBBB+' long-term and 'twA-2' short-term credit ratings...

PSC Mulls Producing 4Gb NAND Chips Ahead of Schedule.
December 28, 2005... (From Taiwan Economic News) Taipei, Dec. 28, 2005 (CENS)--PowerChip Semiconductor Corp. (PSC) reportedly plans to begin producing 4Gb NAND flash-memory chips in the first quarter of 2006, a quarter earlier than scheduled, after improving...

Arima, Compal to Enjoy Increased Handset Orders From Sony-Ericsson.
December 28, 2005... (From Taiwan Economic News) Taipei, Dec. 28, 2005(CENS)--Arima Communication Corp. and Compal Communications Inc. are projected to have revenue increases in the first quarter next year mostly thanks to Sony-Ericsson's increased...

Ford Lio Ho Introduces Hybrid Escape Taiwan's Auto Market.
December 28, 2005... (From Taiwan Economic News) Taipei, Dec. 28, 2005 (CENS)--Taiwan's carmaker Ford Lio Ho Motor Co., a local subsidiary of Ford Motor of the U.S., recently announced introduction of the hybrid version of Escape sport utility vehicle (SUV)...

Top-two Bicycle Makers Reported Lucrative Operations in First 11 Months.
December 28, 2005... (From Taiwan Economic News) Taipei, Dec. 28, 2005 (CENS)--Taiwan's top-two bicycle makers, Giant Manufacturing Co., Ltd. and Merida Industry Co., Ltd., reported lucrative operation results in the first 11 months and announced plans to...

Taiwan Scored Second-highest Export Orders of US$24.6 B. in Nov.
December 28, 2005... (From Taiwan Economic News) Taipei, Dec. 28, 2005 (CENS)--Export orders received by Taiwan's manufacturers and traders in November hit the second monthly high of US$24.605 billion, a sharp rise of 24.58% or US$4.85 billion from the same...

Record Low Lending Rate Seen in New Loans Granted in November.
December 28, 2005... (From Taiwan Economic News) Taipei, Dec. 28, 2005 (CENS)--The average interest rate for new loans extended by Taiwan's five leading domestic banks, excluding loans to government units, stood at 2.298% per annum in November, which was...

MOF Will Not Cut Business Tax Incentives.
December 27, 2005... (From Taiwan Economic News) Taipei, Dec. 27, 2005 (CENS)--The Ministry of Finance is backtracking from its policy of shrinking tax incentives for hi-tech firms by forcing them to choose one from the two existing options of five-year tax...

AIG to Acquire 52% Equity Stake in Central Insurance.
December 27, 2005... (From Taiwan Economic News) Taipei, Dec. 27, 2005 (CENS)--The U.S.-based American International Group, Inc. (AIG), parent of Nan Shan Life Insurance Co., recently announced that it will acquire a 52% equity stake in Central Insurance Co....

Booming Real Estate Market in 2006 Looming.
December 27, 2005... (From Taiwan Economic News) Taipei, Dec. 27, 2005 (CENS)--The government-assessed current land value for 2006 will be publicized by respective cities and counties on Jan. 1, 2006, and it is estimated the land value of northern Taiwan area...

Taiwan's Green Technologies to Be Awarded With Tax Incentives.
December 27, 2005... (From Taiwan Economic News) Taipei, Dec. 27, 2005 (CENS)--Renewable-energy technologies and reduction of carbon-dioxide (CO2) emission will be included in the tax-incentive list of Taiwan's Statute for Industrial Upgrading in 2006,...

Taiwanese Hand-Tool Suppliers Grow on Alliances.
December 27, 2005... (From Taiwan Economic News) Taipei, Dec. 27, 2005 (CENS)--Around 20 Taiwanese hand-tool suppliers have decided to organize a technology alliance and a total of 15 local suppliers in the line will hold an initiator meeting to decide when...

AFT Breaks Ground for New Glass-substrate Furnaces.
December 27, 2005... (From Taiwan Economic News) Taipei, Dec. 27, 2005 (CENS)--Asahi Glass Fine Techno Taiwan Co. Ltd. (AFT), the local subsidiary of Asahi Glass Co. (AGC) of Japan, recently broke ground for its second glass-substrate plant, which includes...

Corning, AGC Glass-substrate Capacity Expansion Projects Unit: 1 furnace Company Location 2004 2005 2006 Corning U.S. 0 0 0.
December 27, 2005... (From Taiwan Economic News) Japan 1 2 1 S. Korea 6 6 3 Southern Taiwan 4 2 0 Central Taiwan 0 4 2 AGC Japan 0 1 1 Taiwan (Yunlin) 1 1 1 Source: PIDA (Photonic Industry & Technology Development Association) Taiwan TFT-LCD Panel Makers...

Taiwan to Cease Production of CRT TVs.
December 27, 2005... (From Taiwan Economic News) Taipei, Dec. 27, 2005 (CENS)--Taiwan's production of cathode ray tube (CRT) television sets may cease soon as leading domestic TV producers, including Taiwan Kolin Co., Proton Electronic Industrial Co., Sampo...

Taiwan's Jobless Rate Hit 5-Year Low of 3.94% in November.
December 27, 2005... (From Taiwan Economic News) Taipei, Dec. 27, 2005 (CENS)--Taiwan's jobless rate stood at 3.94% in November, the lowest since April of 2001, according to the statistics released by the Cabinet-level Directorate General of Budget,...

Individuals May Invest in the International Board From the Beginning.
December 26, 2005... (From Taiwan Economic News) Taipei, Dec. 26, 2005 (CENS)--In a major reversal of its original strategy, the Financial Supervisory Commission is considering to allow the participation of individual investors in the international board...

CPT Wins Orders for TFT-LCD Panels From Big Names.
December 26, 2005... (From Taiwan Economic News) Taipei, Dec. 26, 2005 (CENS)--Chunghwa Picture Tubes Ltd. (CPT) has recently won orders from big-name firms such as Philips, Mitsubishi, and Toshiba for TFT-LCD (thin film transistor-liquid crystal display)...

TPV Technology Grabbed No.1 Position in LCD TV Shipments.
December 26, 2005... (From Taiwan Economic News) Taipei, Dec. 26, 2005 (CENS)-- TPV Technology Ltd. stood firmly as Taiwan's largest producer of LCD (liquid crystal display) TVs in terms of shipments in the third quarter of this year, according to statistics...

7 Taiwanese Industrial Associations Volunteer to Reduce CO2 Gas From 2006.
December 26, 2005... (From Taiwan Economic News) Taipei, Dec. 26, 2005 (CENS)--Seven Taiwanese industry associations including the Chinese National Federation of Industries will sign an agreement today with the Ministry of Economic Affairs (MOEA) to...

Taiwan's Hi-Tech Industries May Escape A Disputed Alternative Tax Decree.
December 26, 2005... (From Taiwan Economic News) Taipei, Dec. 26, 2005 (CENS)--Taiwan's hi-tech industries may escape a controversial alternative-tax decree, which is due to be issued by the end of this year, after Premier Frank Hsieh recently said that...

Yulon, ARCB Form Used-Car Sales, Auto-Repair Venture in Beijing.
December 26, 2005... (From Taiwan Economic News) Taipei, Dec. 26, 2005 (CENS)--Taiwan's Yulon Group, the largest automobile-manufacturing conglomerate on the island, recently signed an agreement with Beijing Auto Repair Co. (ARCB) to sell used cars and do...

I-Sheng's Notebook PC Power Cord Passes Dell's Certifications.
December 26, 2005... (From Taiwan Economic News) Taipei, Dec. 26, 2005 (CENS)--I-Sheng Electric Wire & Cable Co., Ltd., the largest power-cord manufacturer in Taiwan, recently claimed that its notebook PC power cords have passed certifications by Dell...

Nokia Promoting Commercial-use Palm Devices in Taiwan.
December 26, 2005... (From Taiwan Economic News) Taipei, Dec. 26, 2005 (CENS)--Nokia recently began promoting its 9300 mobile communication product in Taiwan, the company's first attempt to penetrate the market for commercial-use palm devices on the island...

Taiwan's Garment Makers Saw Growing Profits in November.
December 26, 2005... (From Taiwan Economic News) Taipei, Dec. 26, 2005 (CENS)--Taiwan's leading garment makers, including Makalot Industrial Co., Eclat Textile Co., and Tainan Enterprises Co., all witnessed growing profits in November, with Makalot and Eclat...

CBC Hikes Interest Rate by 0.125 of a Percentage Point.
December 23, 2005... (From Taiwan Economic News) Taipei, Dec. 23, 2005 (CENS)--With the continuing existence of inflationary pressure in Taiwan and with short-term interest rates still in negative territory, the Central Bank of China (CBC) here decided to...

FPC Increases Shareholdings in FPC-USA.
December 23, 2005... (From Taiwan Economic News) Taipei, Dec. 23, 2005 (CENS)--At a board of directors meeting recently held in Taipei, Formosa Plastics Corp. (FPC) resolved to increase its shareholding in FPC USA to 22.43% from the present 6.04% through a...

TRC: Mega FHC's Planned Acquisition of Taiwan Business Bank Has No Immediate Impact on Ratings.
December 23, 2005... (From Taiwan Economic News) Taipei, Dec. 23, 2005 (CENS)--Taiwan Ratings Corp. (TRC) has recently affirmed its ratings and outlook on Mega Financial Holding Co. following an announcement by Mega that it intends to acquire up to 26% of...

Etron Technology Posts Strong Sales.
December 23, 2005... (From Taiwan Economic News) Taipei, Dec. 23, 2005 (CENS)--Fabless chip house Etron Technology Inc. expects its revenue for this month to set a new high after 12 consecutive months of strong sales, according to company chairman Nicky Lu...

AGC to Expand 5G-beyond Glass Substrate Capacity in Taiwan.
December 23, 2005... (From Taiwan Economic News) Taipei, Dec. 23, 2005 (CENS)--Asahi Glass Fine Techno Taiwan Co. Ltd. (AFT), a local subsidiary of Asahi Glass Co. (AGC) of Japan, recently announced plans to further expand its investment in fifth-generation...

Taiwan Expects to Ship 10 M. LCD TVs in 2006: PIDA Analyst.
December 23, 2005... (From Taiwan Economic News) Taipei, Dec. 23, 2005 (CENS)--Taiwan is expected to ship about 10 million liquid crystal display (LCD) TV sets in 2005, compared with about 5.6 million units this year, according to PIDA (Photonic Industry &...

Taiwanese Banks Actively Erasing Bad Loans.
December 23, 2005... (From Taiwan Economic News) Taipei, Dec. 23, 2005 (CENS)--To lower non-performing loan (NPL) rates and increase the quality of their assets for 2006, many of Taiwan's banks are actively writing off or selling their bad loans before the...

Asia Cement Expanding Operations in China.
December 23, 2005... (From Taiwan Economic News) Taipei, Dec. 23, 2005 (CENS)--Asia Cement Corp., Taiwan's leading cement producer and a subsidiary of the Far Eastern Group, is further expanding its operations in mainland China with a plan to invest more...

Foreign Brokers Upbeat About Taiwan's Commercial Property Market.
December 23, 2005... (From Taiwan Economic News) With demand for office space booming in Taiwan, foreign realty brokers see lucrative promise in the island's market for commercial property and have formulated aggressive growth targets for the next several...

Gov't to Reconsider Change in Tax Incentive for Hi-tech Firms.
December 22, 2005... (From Taiwan Economic News) Taipei, Dec. 22, 2005 (CENS)--With the minimum tax burden ready to take effect from Jan. 1, 2006, the government is considering to change via administrative decree the existing dual tax incentives of five-year...

Chinatrust Won Franchise Right for Lotto Issuance.
December 22, 2005... (From Taiwan Economic News) Taipei, Dec. 22, 2005 (CENS)--Chinatrust Commercial Bank obtained the seven-year franchise for lotto issuance starting 2007 at a huge price of NT$2.0868 billion annually, 10 times the floor price on Dec. 21....

China Airlines to See Sales Hit NT$100 Billion in 2005.
December 22, 2005... (From Taiwan Economic News) Taipei, Dec. 22, 2005 (CENS)--China Airlines Ltd. (CAL), Taiwan's largest air carrier, will see annual sales break the NT$100 billion (US$3.01 billion at US$1:NT$33.2) mark in 2005 for the first time in its 46...

Australian Bank Acquires Taiwan Broadband Comm From Carlye.
December 22, 2005... (From Taiwan Economic News) Taipei, Dec. 22, 2005 (CENS)--Macquarie Bank of Australia recently confirmed reports that it has signed a pact to acquire Taiwan Broadband Communications Co. from Carlye Group of the United States for A$1.19...

PSC Okayed to Launch Chip-making Project Plan in Central Taiwan.
December 22, 2005... (From Taiwan Economic News) Taipei, Dec. 22, 2005 (CENS)--The Cabinet-level National Science Council (NSC) has recently approved PowerChip Semiconductor Corp.'s (PSC's) application to construct four 300-mm wafer fabrication factories at...

U.S.-based AKT to Set Up 7G EBT Equipment Plant in Taiwan in 2006.
December 22, 2005... (From Taiwan Economic News) Taipei, Dec. 22, 2005 (CENS)--Applied Komatsu Technology Inc. (AKT) of the United States, the world's leading supplier of plasma enhanced chemical vapor deposition (PECVD) systems for the flat panel display...

New Assn. Set Up to Boost Local Content Rate for Panel Production in Taiwan.
December 22, 2005... (From Taiwan Economic News) Taipei, Dec. 22, 2005 (CENS)--To boost the local content rate for the production of thin film transistor-liquid crystal display (TFT-LCD) panel industry in Taiwan, the Taiwan Optoelectronics and Semiconductor...

Cabinet Urges Merger of Bank of Taiwan, Land Bank, Central Trust.
December 22, 2005... (From Taiwan Economic News) Taipei, Dec. 22, 2005 (CENS)--Premier Frank Hsieh recently instructed the Ministry of Finance (MOF) to assess the possibility of a merger among Bank of Taiwan (BOT), Land Bank of Taiwan, and Central Trust of...

Johnson Health Aims for World's No. 3 Fitness Maker in 2006.
December 22, 2005... (From Taiwan Economic News) Taipei, Dec. 22, 2005 (CENS)--Johnson Health Tech. Co. is actively expanding its global operations and aims to ambitious to become the world's third-largest fitness and gym equipment manufacturer in 2006 ...

Technology Developments Take Center Stage at Taiwan's First Automotive Summit.
December 22, 2005... (From Taiwan Economic News) By QUINCY LIANG The Taiwan Automotive International Forum & Exhibition (TAIFE), the first of its kind, was held on Oct. 17-19 in Taipei. The aim was to boost the development of the domestic auto-parts industry...

Revised Law Introduces Strict Rules Against Insider Trading.
December 21, 2005... (From Taiwan Economic News) Taipei, Dec. 21, 2005 (CENS)--The Legislative Yuan enacted the revised Securities Trading Law on Dec. 20, which sets forth important regulations governing insiders' trading, corporate governance, and the...

Six Percent of Income Earners Face Credit Crisis.
December 16, 2005... (From Taiwan Economic News) Taipei, Dec. 16, 2005 (CENS)--The reckless promotion of credit-card business by Taiwan's banks in recent years has had a serious side effect, because for every 100 Taiwanese income earners, six are now facing...

Credit Crunch Will Cut Private Consumption by NT$20 B.
December 16, 2005... (From Taiwan Economic News) Taipei, Dec. 16, 2005 (CENS)--New loans provided by cash cards, credit cards, revolving credit, and small loans topped NT$200 billion in Taiwan this year, providing considerable impetus to private consumption....

Hi-Tech Gurus Hold Optimistic Views on 2006 Chip Business.
December 16, 2005... (From Taiwan Economic News) Taipei, Dec. 16, 2005 (CENS)--Many chief executives from Taiwanese and foreign hi-tech enterprises forecast world semiconductor business to grow 5% to 10% in 2006 at a conference held yesterday in Taiwan to...

Taiwan Cement to Raise NT$15 B. in Syndicated Loan.
December 16, 2005... (From Taiwan Economic News) Taipei, Dec. 16, 2005 (CENS)--Taiwan Cement Corporation, Taiwan's largest producer of cement, recently said it would acquire fresh funds of NT$15 billion (US$446.42 million at US$1:NT$33.6) from a syndicated...

Adlink Acquires Big-ticket Order From India Military.
December 16, 2005... (From Taiwan Economic News) Taipei, Dec. 16, 2005 (CENS)--Adlink Technology Inc., one of Taiwan's leading manufacturers of industrial computers, recently announced it has obtained a big-ticket order amounting to NT$160 million (US$4.76...

UMC Restates 2002-2004 Accounting Sheets at U.S. Securities Regulator's Request.
December 16, 2005... (From Taiwan Economic News) Taipei, Dec. 16, 2005 (CENS)--Silicon-foundry provider United Microelectronics Corp. (UMC) announced on Dec. 14 it would restate its accounting results for three years beginning with 2002 in response to a...

Nvidia Acquires Taiwanese Core-logic Technology Developer.
December 16, 2005... (From Taiwan Economic News) Taipei, Dec. 16, 2005 (CENS)--Nvidia Corp., currently the world's No.1 computer graphics-processor supplier, has signed a pact to acquire Taiwanese core-logic technology developer ULi Electronics Inc. for...

TFT-LCD Panel Makers in for Colder Winter as Dell Cuts Monitor-panel Orders.
December 16, 2005... (From Taiwan Economic News) Taipei, Dec. 16, 2005 (CENS)--Dell Computer Corp., the world's No. 1 computer brand, has cut orders for 600,000 thin film transistor-liquid crystal display (TFT-LCD) monitor panels in the past two months,...

Yulon to Set Up New Venture Capital Firm With NT$3 B.
December 16, 2005... (From Taiwan Economic News) Taipei, Dec. 16, 2005 (CENS)--Taiwan's Yulon Group, the largest automobile production conglomerate on the island, is expected to soon complete the raising of NT$3 billion (US$89.55 million at US$1: NT$33.5) in...

Taiwan's Garment Makers to See Hectic Shipment for 2006.
December 16, 2005... (From Taiwan Economic News) Taipei, Dec. 16, 2005 (CENS)--Taiwan's leading garment makers, including Taiwan Enterprises Co., Makalot Industrial Co., Roo Hsing Garment Co., and Eclat Textile Co., are expected to enjoy a 20%-50% rise in...

Taiwan's Top Golf Head Makers Scored Record Profits in November.
December 16, 2005... (From Taiwan Economic News) Taipei, Dec. 16, 2005 (CENS)--Taiwan's leading makers of golf clubs and heads, including Fu-Sheng Industrial Co., O-TA Precision Industry Co., and Dynamic Precision Casting Mfg. Co., saw their monthly earnings...

Industry Expert Urges "Survival of the Fittest" in Local TFT-LCD Line.
December 16, 2005... (From Taiwan Economic News) Taiwan's thin film transistor-liquid crystal display (TFT-LCD) panel makers are facing fierce challenges from big rivals in South Korea and from the overcrowding in the industry in Taiwan These challenges...

Formosa Petrochemical to See Annual Sales Exceed NT$500 billion.
December 15, 2005... (From Taiwan Economic News) Taipei, Dec. 15, 2005 (CENS)--Formosa Petrochemical Corp. (FPCC) of the Formosa Plastics Group is expected to see its annual production capacity of ethylene reach three million metric tons in the beginning of...

Top Three Taiwanese Telecom Providers Report Lucrative Results.
December 15, 2005... (From Taiwan Economic News) Taipei, Dec. 15, 2005 (CENS)--Throughout the first 11 months this year, Far EasTone Telecom had pre-tax earnings of NT$4.33 per share, Taiwan Cellular had NT$3.52 per share, and Chunghwa Telecom posted...

TSMC Acquires One More Flash-Memory Partner.
December 15, 2005... (From Taiwan Economic News) Taipei, Dec. 15, 2005 (CENS)--Taiwan Semiconductor Manufacturing Co. (TSMC) recently landed contracts to make 0.13-micron process, NOR-type flash-memory chips from Silicon Storage Technology (SST). The...

TiVo Enters Taiwan Family-Entertainment Market.
December 15, 2005... (From Taiwan Economic News) Taipei, Dec. 15, 2005 (CENS)--TiVo Inc., the creator of and leader in television services for digital video recorders (DVR), and TGC Inc., TiVo's exclusive partner in the mainland China, Hong Kong, Taiwan,...

Tatung Deploys Global Home-Appliance Manufacturing Base in Vietnam.
December 15, 2005... (From Taiwan Economic News) Taipei, Dec. 15, 2005 (CENS)--Tatung Co., a leading electrical-machinery, information technology (IT), and home-appliance product maker in Taiwan, recently announced that it would upgrade its plant in Vietnam...

MOEA to Sign Protocol With Domestic Enterprises to Cut CO2 Emission.
December 15, 2005... (From Taiwan Economic News) Taipei, Dec. 15, 2005 (CENS)--Taiwan's Ministry of Economic Affairs (MOEA) is scheduled to sign a protocol on Dec. 26 with the Chinese National Federation of Industries and seven individual associations that...

Nylon Makers Seeing Biz Soar on Rising CPL Price.
December 15, 2005... (From Taiwan Economic News) Taipei, Dec. 15, 2005 (CENS)--Taiwan's textile makers have recently adjusted their production lines to meet the growing demand for nylon products and to take advantage of the rising price of caprolactam...

3G Carriers Lament Slow Start in Taiwan.
December 15, 2005... (From Taiwan Economic News) Taiwan's three major telecom carriers, who launched third-generation (3G) mobile-phone services several months ago, are having trouble expanding their subscriber base The three--Chunghwa Telecom, Taiwan...

Local Enterprises Lack Strong Confidence in Hi-Speed Rail Project.
December 14, 2005... (From Taiwan Economic News) Taipei, Dec. 14, 2005 (CENS)--Despite the high expectation among local people, a recent survey shows that local enterprises lack strong confidence in the outlook and benefits of the high-speed rail project,...