Taiwan Economic News articles from February 2006

Taiwan Economic News archives from February 2006

Gov't to Track Closely NT$800 B. Major Private Investment Projects.
February 27, 2006... (From Taiwan Economic News) Taipei, Feb. 27, 2006 (CENS)--The Executive Yuan (the Cabinet) will closely track the progress of the three major investment projects in the Central Taiwan Science Park, involving NT$800 billion of capital in...

Taiwan's Machinery Exports Down 3.9% in January.
February 27, 2006... (From Taiwan Economic News) Taipei, Feb. 27, 2006 (CENS)--Taiwan's machinery exports amounted to US$1.08 billion in January, down 3.9% from the corresponding period of last year, according to preliminary statistics compiled by the...

Taiwan Hand Tool Suppliers to Debut Digital Tools at Cologne Fair.
February 27, 2006... (From Taiwan Economic News) Taipei, Feb. 27, 2006 (CENS)--Taiwanese hand-tool suppliers will display tools equipped with digital meters at the upcoming Cologne hardware show Practical World - International Hardware Fair/DIY'TEC as their...

HSBIP Posted A 7% Revenue Recession in 2005.
February 27, 2006... (From Taiwan Economic News) Taipei, Feb. 27, 2006 (CENS)--Companies at the Hsinch Science-based Industrial Park (HSBIP), Taiwan's largest base for high-tech industries, totally turned out revenue of NT$985.5 billion (US$30.7 billion at...

Funai Signa Inks Pact With CMO to Secure TV-panel Supply.
February 27, 2006... (From Taiwan Economic News) Taipei, Feb. 27, 2006 (CENS)--Funai Electric Co. Ltd. of Japan has recently signed a cooperation agreement with Chi Mei Optoelectronics Corp. (CMO), Taiwan's No. 2 thin film transistor-liquid crystal display...

DaimlerChrysler to Farm Out Production of Some Car Models in Taiwan, China.
February 27, 2006... (From Taiwan Economic News) Taipei, Feb. 27, 2006 (CENS)--The strategic partnership between DaimlerChrysler Group and Taiwan's China Motor Corp. (CMC) recently saw a major breakthrough as DaimlerChrysler is expected to commission CMC's...

Taiwan's FTC Chosen as 'Team of the Year' for 2005 by London-based GCR.
February 27, 2006... (From Taiwan Economic News) Taipei, Feb. 27, 2006 (CENS)--Taiwan's Cabinet-level Fair Trade Commission (FTC) was selected as the best 'Team of the Year' for 2005 by Global Competition Review (GCR), a leading law-related publication...

Taiwan's IT-Automotive Project Suffers Setback as Big Partners Pull Out.
February 27, 2006... (From Taiwan Economic News) By QUINCY LIANG Taiwan's IA (Information Technology and Automotive) Project, which is designed to integrate the resources of the island's automakers with those of information and communication technology...

DGBAS Revises 2006 Economic Growth Forecast to 4.25%.
February 24, 2006... (From Taiwan Economic News) Taipei, Feb. 24, 2006 (CENS)--The Directorate General of Budget, Accounting, and Statistics (DGBAS) revised upward its forecast for Taiwan's economic growth in 2006 to 4.25% on Feb. 23, due to the booming...

Evergreen Group to Challenge Revenues of NT$250 B. for 2006.
February 24, 2006... (From Taiwan Economic News) Taipei, Feb. 24, 2006 (CENS)--Thee listed firms of the Evergreen Group, including the flagship Evergreen Marine Corp, Evergreen International Storage & Transport Corp., and EVA Airways Corp., will aim for...

Adlink Ties Up With Kontron.
February 24, 2006... (From Taiwan Economic News) Taipei, Feb. 24, 2006 (CENS)--Adlink Technology Inc., one of Taiwan's leading manufacturers of industrial personal computers, recently has launched a strategic alliance with the Germany-based Kontron Inc., the...

Taiwan Moves to Differentiate Its Trade Shows From Mainland's.
February 24, 2006... (From Taiwan Economic News) Taipei, Feb. 24, 2006 (CENS)--Taiwan will work to differentiate its trade shows from mainland China's in light of increased exodus of Taiwan's enterprises to the mainland, according to a senior official of the...

Cyber Link Lands Orders From HP and Lenovo.
February 24, 2006... (From Taiwan Economic News) Taipei, Feb. 24, 2006 (CENS)--Cyber Link Corp., a leading Taiwanese developer of digital entertainment and multimedia solutions, announced on Feb. 22 that it acquired orders late last year from Hewlett-Packard...

Systex, Sysware to Merge on November 1, 2006.
February 24, 2006... (From Taiwan Economic News) Taipei, Feb. 24, 2006 (CENS)--Two affiliates of Taiwan's Systex Group, including group flagship Systex Corp., Taiwan's largest system-integration company, and Sysware Corp., a leading software development...

Taiwan's Outbound Investments Plunged 76.37% to US$56.01 M. in January.
February 24, 2006... (From Taiwan Economic News) Taipei, Feb. 24, 2006 (CENS)--Taiwan's approved outbound investment in areas other than mainland China stood at US$56.01 million in January of this year, for a sharp fall of 76.37% from the corresponding...

Taiwan's Garment Makers Moving to Tap European Market.
February 24, 2006... (From Taiwan Economic News) Taipei, Feb. 24, 2006 (CENS)--To shun the micro-profit storm plaguing the garment industry, Taiwan's leading garment makers, including Makalot Industrial Co. and Eclat Textile Co., have actively explored the...

TFT-LCD Panel Makers Enter Into 8G Race.
February 24, 2006... (From Taiwan Economic News) By QUINCY LIANG A new wave of competition lies ahead in the global thin film transistor-liquid crystal display (TFT-LCD) panel industry, as all of the top-five players in the arena are ready to jump into...

Anti-Unification Movement Overshadows the Securities Market.
February 23, 2006... (From Taiwan Economic News) Taipei, Feb. 23, 2006 (CENS)--Regardless of the impact on the securities market and the concern from the U.S. government, President Chen Shui-bian appears to be resolute in his determination to dismantle the...

European Banks Intend to Set Up Branches in Taiwan.
February 23, 2006... (From Taiwan Economic News) Taipei, Feb. 23, 2006 (CENS)--Royal Bank of Scotland Group (RBS), Europe's second largest and the world's sixth biggest bank, is actively hunting talents in Taiwan, possibly for its entry of the island market....

TCL Chairman Visits Taiwan to Finalize TV-panel Orders.
February 23, 2006... (From Taiwan Economic News) Taipei, Feb. 23, 2006 (CENS)--To finalize his group's thin film transistor-liquid crystal display (TFT-LCD) panel procurement with Taiwanese makers, Tomson (Dongsheng) Li, chairman of the TCL Group of mainland...

Cathay Life Insurance Scored Investment Gains of NT$85 B. in 2005.
February 23, 2006... (From Taiwan Economic News) Taipei, Feb. 23, 2006 (CENS)--Cathay Life Insurance Co., Ltd., Taiwan's largest life insurer and under the umbrella of Cathay Financial Holding Co., said it gained NT$85 billion (US$2.65 billion at...

MediaTek Makes Foray Into Mainland Chinese TV Chip Market.
February 23, 2006... (From Taiwan Economic News) Taipei, Feb. 23, 2006 (CENS)--MediaTek Inc., Taiwan's biggest fabless house by market value, recently sent samples of its chips for digital and LCD (liquid crystal display) televisions to mainland Chinese TV...

Global Unichip to List on Taiwan Stock Exchange in September.
February 23, 2006... (From Taiwan Economic News) Taipei, Feb. 23, 2006 (CENS)--Global Unichip Corp., a Taiwan-based intellectual-property vendor held by foundry giant Taiwan Semiconductor Manufacturing Co. (TSMC), will likely go public on Taiwan's stock...

Taiwan's Automakers Conservative About Sales of New Cars.
February 23, 2006... (From Taiwan Economic News) Taipei, Feb. 23, 2006 (CENS)--Most of automakers in Taiwan expect a drop in their sales this year, but are working hard to keep their figures as high as possible; and they forecast total domestic sales of new...

Formosa Automobile to Assemble Skoda Cars in Taiwan in 2007.
February 23, 2006... (From Taiwan Economic News) Taipei, Feb. 23, 2006 (CENS)--Taiwan's Formosa Automobile Corp. is expected to soon terminate its cooperation with GM Daewoo Auto & Technology Co. and move to begin local production of car models from another...

Taiwanese Banks Saw Profits Halved to NT$78.6 B. in 2005.
February 23, 2006... (From Taiwan Economic News) Taipei, Feb. 23, 2006 (CENS)--Plagued by soaring bad credit-card and cash-card loans, Taiwan's domestic banks witnessed pretax profits shrink to NT$78.6 billion (US$2.31 billion at US$1 = NT$34) in 2005, down...

Gov't Will Endeavor to Keep Inflation Under 2%: Premier Su.
February 22, 2006... (From Taiwan Economic News) Taipei, Feb. 22, 2006 (CENS)--In his first policy report at the Legislative Yuan on Feb. 21, Premier Su Tseng-chang noted that economic prosperity will be the top priority item on the agenda of his...

Daikin of Japan Expected to Launch Production in Taiwan.
February 22, 2006... (From Taiwan Economic News) Taipei, Feb. 22, 2006 (CENS)--Ho Tai Development Co., Ltd., the Japan-based Daikin Co.'s sales agent in Taiwan, said it has set a goal of reaching 20 billion Japanese yen in sales in 2010, at which time...

Taiwan's Machine Tool Builders to Tap Vietnamese Market.
February 22, 2006... (From Taiwan Economic News) Taipei, Feb. 22, 2006 (CENS)--Taiwan's manufacturers of machine tools have shown strong interest in tapping Vietnamese market as many are scrambling to display products at the 2006 Vietnam International...

Microsoft Zeroes In On Low-priced Smart Phone Market.
February 22, 2006... (From Taiwan Economic News) Taipei, Feb. 22, 2006 (CENS)--Microsoft will begin rolling out low-cost smart phones in cooperation with world leading information-technology suppliers including Acer Inc., HTC Corp., BenQ Corp., and Texas...

Yageo Unveils Ambitious Market Share Goal.
February 22, 2006... (From Taiwan Economic News) Taipei, Feb. 22, 2006 (CENS)--Passive-electronic device maker Yageo Corp. projects that it will become the world's No.2 supplier of monolithic ceramic chip capacitors (MLCC) this year after drawing up a plan...

Taiwan Game Software Companies Form Business-promotion Alliance.
February 22, 2006... (From Taiwan Economic News) Taipei, Feb. 22, 2006 (CENS)--Several major game software companies in Taiwan have decided to set up a business promotion division, which will operate under the Taipei Computer Association (TCA) to jointly...

Over 750 Taiwanese Exhibitors at CeBIT 2006.
February 22, 2006... (From Taiwan Economic News) Taipei, Feb. 22, 2006 (CENS)--A total of 755 Taiwan companies will participate in CeBIT 2006, the world's largest information and communications technology (ICT) trade fair, helping the island maintain its...

Taiwan's Knowledge-based Investment to be Over 9% of GDP in 2006.
February 22, 2006... (From Taiwan Economic News) Taipei, Feb. 22, 2006 (CENS)--Taiwan's expenditure on education and R&D has continued a stable growth in recent years. This year the expenditure is expected to hit a record high of 9.07% of the island's GDP,...

Mega Most Profitable FHC in Taiwan in 2005.
February 22, 2006... (From Taiwan Economic News) Taipei, Feb. 22, 2006 (CENS)--Mega Financial Holding Co. was the most profitable financial holding company (FHC) in Taiwan last year, boasting pretax profits of NT$25.4 billion (US$747.06 million at US$1 =...

Taiwan Vehicle-frame Maker Kian Shen Sees Big Market in China.
February 22, 2006... (From Taiwan Economic News) Taiwan's Kian Shen Corp., a domestic manufacturer of chassis frames for automobiles and a major supplier of rear bodies for commercial vehicles in Taiwan, recently signed an agreement with Xiamen Golden Dragon...

Massive Capital Outflow Slashed Balance-of-Payment Surplus in 2005.
February 21, 2006... (From Taiwan Economic News) Taipei, Feb. 21, 2006 (CENS)--Outward remittance by Taiwanese people jumped over 50% to NT$1.2 trillion in 2005, indicating the seriousness of the negative interest rates and interest differential between...

FPG to Forge 'New Silk Road' for Petrochemical Industry in October.
February 21, 2006... (From Taiwan Economic News) Taipei, Feb. 21, 2006 (CENS)--With the completion of a labor division plan across the Taiwan Strait, Formosa Plastics Group (FPG), Taiwan's largest petrochemical conglomerate, will build a ' New Silk Road,'...

Chin Fong to Have Second-Generation Management.
February 21, 2006... (From Taiwan Economic News) Taipei, Feb. 21, 2006 (CENS)--When celebrating its 60-year birthday on March 1, Chin Fong Machine Industrial Co., Ltd., Taiwan's largest manufacturer of pressing machines, is expected to be managed by the...

Wintek Poised to Challenge World's No. 1 Handset Panel Supplier.
February 21, 2006... (From Taiwan Economic News) Taipei, Feb. 21, 2006 (CENS)--Wintek Corp., Taiwan's largest supplier of screen panels for cellphones, will challenge the world's No.1 player Samsung SDI, whose global market share was 18.1% last year, with...

Top Three Taiwanese Telecom Providers Report A Banner January.
February 21, 2006... (From Taiwan Economic News) Taipei, Feb. 21, 2006 (CENS)--Chunghwa Telecom Co., Ltd., Far EasTone Telecom Co., Ltd. and Taiwan Mobile Co., Ltd.-Taiwan's top three telecom-service providers-reaped lucrative earnings in January thanks to...

Sales of New Cars in Taiwan Estimated at Under 500,000 Units in 2006.
February 21, 2006... (From Taiwan Economic News) Taipei, Feb. 21, 2006 (CENS)--Sales of new cars in Taiwan is not expected to outstrip 500,000 units this year, given the lackluster sales performance in January, according to industry sources. Taiwan's...

HTC's Full-Series Products to Support Microsoft's Direct Push Email.
February 21, 2006... (From Taiwan Economic News) Taipei, Feb. 21, 2006 (CENS)--Taiwan's High Tech Computer Corp. (HTC), now a global leader in Microsoft Windows Mobile-based devices, recently announced at the 3GSM World Congress held in Barcelona that its...

Taiwan's Top Golf Head Makers Saw Whopping Revenue Growth in Jan.
February 21, 2006... (From Taiwan Economic News) Taipei, Feb. 21, 2006 (CENS)--Thanks to robust market demand, both O-TA Precision Industry Co. and Dynamic Precision Casting Mfg., Co., the top two golf club and head manufacturers in Taiwan, enjoyed a...

Taiwan's Flat Panel Display Output Value Soars 37.1% in 2005.
February 21, 2006... (From Taiwan Economic News) The overall production value of Taiwan's flat panel display (FPD) industry rose 37.1% to about NT$976.1 billion (US$30.5 billion at NT$32:US$1) last year, according to statistics released by Industry &...

Cathay May Be Most Powerful Financial Bidder.
February 20, 2006... (From Taiwan Economic News) Taipei, Feb. 20, 2006 (CENS)--Following the announcement by Chinatrust Financial Holding of its hostile bid for Mega Financial Holding, it's reported that Cathay Financial Holding also possess considerable...

Taiwan's Cement Makers With Plants in China to See Higher Profit Margin.
February 20, 2006... (From Taiwan Economic News) Taipei, Feb. 20, 2006 (CENS)--Due to continued hikes in product prices, Taiwan's cement firms with plants in mainland China, including Taiwan Cement Corp., Asia Cement Corp. and Chia Hsin Cement Corp., will...

Yieh United Aims for World's Fifth-Largest Stainless Steel Producer.
February 20, 2006... (From Taiwan Economic News) Taipei, Feb. 20, 2006 (CENS)--Yieh United Steel Corp., the world's eighth-largest producer of stainless steel, will replace Pohang Steel Co. of South Korea as the world's fifth largest when its hot-rolling...

Rock Mobile to Make IPO on Nasdaq in Second Half of 2006.
February 20, 2006... (From Taiwan Economic News) Taipei, Feb. 20, 2006 (CENS)--Taiwanese mobile-entertainment website Rock Mobile Corp. will make initial public offering (IPO) on Nasdaq in the second half this year, becoming first Asian digital-music website...

Google to Open Branch in Taiwan in March.
February 20, 2006... (From Taiwan Economic News) Taipei, Feb. 20, 2006 (CENS)--Search engine Google will open a branch in Taiwan in March to offer services including information-software service, data-processing service, advertising service,...

Japan's Tokusyuukai Group to Procure Medical Devices From Taiwan.
February 20, 2006... (From Taiwan Economic News) Taipei, Feb. 20, 2006 (CENS)--Tokusyuukai Group of Japan, a major medical-care group that runs over 200 medical institutions and elderly-care centers in Japan, has decided to visit Taiwan to procure medical...

Three Yulon Subsidiaries Target NT$100 B. in Revenue for 2006.
February 20, 2006... (From Taiwan Economic News) Taipei, Feb. 20, 2006 (CENS)--The Yulon Group, the largest automobile-manufacturing conglomerate in Taiwan, has projected total annual revenue of its three subsidiaries, including Yulon Motor, Yulon-Nissan...

Taiwan's Tax Revenues rose by 6.6% to NT$114 B. in January.
February 20, 2006... (From Taiwan Economic News) Taipei, Feb. 20, 2006 (CENS)--The Taiwan government collected total tax revenues of NT$114.05 billion (US$3.35 billion at US$1 = NT$34) in January, up 6.6% or NT$7.1 billion (US$208.82 million) from the...

Taiwan's Top Computer Makers to Benefit from Apple's Sales Boom.
February 20, 2006... (From Taiwan Economic News) Taipei, Feb. 20, 2006 (CENS)--Thanks to the projected sales boom of Apple Computer Inc. for this year, Taiwan's leading contract computer manufacturers, including Hon Hai Precision Ind. Co., Quanta Computer...

FSC Tightens Information Management for Overseas Fund Raising.
February 17, 2006... (From Taiwan Economic News) Taipei, Feb. 17, 2006 (CENS)--After raising funds overseas, whenever domestic enterprises must publish or report their major happenings according to the regulations of the host government, the enterprises must...

UMC to Launch Administrative Appeal Over He Jiang Fine Case.
February 17, 2006... (From Taiwan Economic News) Taipei, Feb. 17, 2006 (CENS)--United Microelectronics Corp. (UMC) will launch an administrative appeal over the NT$5 million (US$156,000 at US$1:NT$32) fine the Taiwan government recently decided to impose for...

BenQ Acquires Orders From Vodafone.
February 17, 2006... (From Taiwan Economic News) Taipei, Feb. 17, 2006 (CENS)--BenQ Corp., one of Taiwan's largest manufacturers of cellphones, recently announced it has secured orders for HSDPA cellphones from European telecom system providers T-Mobile and...

Acer Expects NB sales to Mainland China Increase by Eight-fold.
February 17, 2006... (From Taiwan Economic News) Taipei, Feb. 17, 2006 (CENS)--Acer Inc., one of Taiwan's leading vendors of personal computers, recently estimated it would secure an eight-fold increase year-on-year for sales of notebook PCs in mainland...

UMC's Hu Issues Gloomy Q1 Forecasts.
February 17, 2006... (From Taiwan Economic News) Taipei, Feb. 17, 2006 (CENS)--In the first quarter of this year, silicon-foundry giant United Microelectronics Corp. will likely see its wafer shipments drop seven to eight percentage points, average selling...

TSMC Executive Expects 65-nm Process to Drive Up 2007 Revenue.
February 17, 2006... (From Taiwan Economic News) Taipei, Feb. 17, 2006 (CENS)--S.Y. Chiang, a senior vice president for research and development at silicon-foundry giant Taiwan Semiconductor Manufacturing Co. (TSMC), recently said the 65-nm process would...

CMO, Sharp Sign LCD-patent Cross-licensing Agreement.
February 17, 2006... (From Taiwan Economic News) Taipei, Feb. 17, 2006 (CENS)--Chi Mei Optoelectronics Corp. (CMO), Taiwan's No. 2 thin film transistor-liquid crystal display (TFT-LCD) panel maker, recently signed a cross-licensing agreement covering LCD...

CMO's Profit Margin Outshines Global Counterparts.
February 17, 2006... (From Taiwan Economic News) Taipei, Feb. 17, 2006 (CENS)--Chi Mei Optoelectronics Corp. (CMO), Taiwan's No.2 thin film transistor-liquid crystal display (TFT-LCD) panel manufacturer, recently announced that its profit margin in the...

Major Taiwanese Banks Saw NPLs Drop to NT$157.5 B. as of January.
February 17, 2006... (From Taiwan Economic News) Taipei, Feb. 17, 2006 (CENS)--Seven leading banks in Taiwan saw their combined outstanding non-performing loans (NPLs) decline by NT$730 million (US$21.47 million at US$1 = NT$34) from a month earlier to...

Taiwan's OBUs Saw Record Deposits of US$20.7 B. From Non-Financial Institutions as of Dec. 2005.
February 17, 2006... (From Taiwan Economic News) Taipei, Feb. 17, 2006 (CENS)--Taiwan's offshore banking units (OBUs) witnessed deposits from non-financial institutions reach US$20.712 billion as of the end of December of 2005, the highest level ever...

Taiwan's Banks Brace for Consumer-loan Turmoil.
February 17, 2006... (From Taiwan Economic News) Recent announcements by the Cathay United Bank and Taishin International Bank that they were adding large amounts of funds to their bad-debt reserves heralded the end of booming development for credit- and...

UMC to Buy Back 1 B. Shares for Capital Write-down.
February 16, 2006... (From Taiwan Economic News) Taipei, Feb. 16, 2006 (CENS)--The United Microelectronics Corp. (UMC) announced a program on Feb. 15 for buying back 1 billion shares of its stock, starting today, which will be used to write down its capital...

UMC Fined NT$5 Million for 'Founding' He Jiang.
February 16, 2006... (From Taiwan Economic News) Taipei, Feb. 16, 2006 (CENS)--Taiwan government yesterday decided to impose a fine of NT$5 million (US$156,000 at US$1: NT$32) on United Microelectronics Corp. (UMC), a silicon-foundry giant, for its...

Taiwan's Exports of Fasteners to Grow 10% in 2006.
February 16, 2006... (From Taiwan Economic News) Taipei, Feb. 16, 2006 (CENS)--Exports of Taiwan-made fasteners grew 5% year-on-year to reach US$2.458 billion in 2005 and will continue to snap up another 10% annual growth this year, according to a survey...

Taiwanese, Japanese Steel Makers Teaming Up to Tap Sales in China.
February 16, 2006... (From Taiwan Economic News) Taipei, Feb. 16, 2006 (CENS)--Taiwan's steel makers, including China Steel Corp. (CSC) and Chang Yi Steel Corp., have teamed up with Japanese concerns, including Maruichi Steel Tube Ltd., Metal One and Toyota...

Taiwan to Have First Publicly Held Internet Company.
February 16, 2006... (From Taiwan Economic News) Taipei, Feb. 16, 2006 (CENS)--On-line human-resource service site 104 Corp. will float its stocks on Taiwan's Stock Exchange (TSE) market tomorrow, becoming the first Taiwanese Internet company to go public on...

MediaTek Forecast to Post 25% Loss in Q1.
February 16, 2006... (From Taiwan Economic News) Taipei, Feb. 16, 2006 (CENS)--MediaTek Inc., currently Taiwan's No.1 fabless house by revenue, will likely see revenue recess 25% this quarter from last quarter, according to the company's chairman, M.K. Tsai....

MOEA to Spend NT$12 B. to Support ICT-Technology R&D.
February 16, 2006... (From Taiwan Economic News) Taipei, Feb. 16, 2006 (CENS)--The Ministry of Economic Affairs (MOEA) will spend NT$12 billion (US$375 million at US$1: NT$32) to subsidize the development of new technologies in Taiwan's information and...

Lealea Group Builds Textile R & D Center in Taiwan.
February 16, 2006... (From Taiwan Economic News) Taipei, Feb. 16, 2006 (CENS)--Unlike Taiwan's most textile manufacturers that have in recent years either suspended operations or rapidly moved their production lines overseas, Lealea Enterprise Co. and its...

Media Service Firms Take Half of Taiwan's Advertising Pie.
February 16, 2006... (From Taiwan Economic News) Taiwan's total advertisement value topped NT$94.19 billion in 2005, of which NT$41.3 billion worth, or 43.8%, was placed via the island's 18 major media service firms. The three largest of these firms, Carat...

Triple Tech Reconsiders Plan for Listing on Hong Kong Bourse.
February 15, 2006... (From Taiwan Economic News) Taipei, Feb. 15, 2006 (CENS)--Triple Technology, an affiliate of First International Computer, is in talks with securities firms to study the feasibility for it to resume the plan of listing its shares on the...

Lee Chang Yung to Operate MTBE Plant in Qatar.
February 15, 2006... (From Taiwan Economic News) Taipei, Feb. 15, 2006 (CENS)--Lee Chang Yung Chemical Corp., one of Taiwan's listed chemical concerns, is gearing up the second-phase construction of a plant of MTBE (methyl tertiary butyl ether) and methanol...

Awea Ties Up With Toyoda to Tap U.S. Market.
February 15, 2006... (From Taiwan Economic News) Taipei, Feb. 15, 2006 (CENS)--Awea Mechantronic Corp., one of Taiwan's largest manufacturers of large-sized machining centers, has stricken a technical-cooperation deal with Japan-based Toyoda Machinery, a...

NEC to Increase Contracts to Taiwanese Suppliers.
February 15, 2006... (From Taiwan Economic News) Taipei, Feb. 15, 2006 (CENS)--The NEC Group will further increase contracts to Taiwanese suppliers this year after it bought NT$87.4 billion (US$2.7 billion at US$1:NT$32) worth of information-technology...

CMC Magnetics Acquires Major Stake in Prodisc.
February 15, 2006... (From Taiwan Economic News) Taipei, Feb. 15, 2006 (CENS)--CMC Magnetics Corp. recently acquired 140 million shares of Prodisc Technology Inc. stock at NT$3.59 per share, floating its ownership in the optical-disk supplier to total 170...

Sharp Mulls Buying TFT-LCD TV Panels From Taiwan.
February 15, 2006... (From Taiwan Economic News) Taipei, Feb. 15, 2006 (CENS)--Sharp Corp. of Japan, the world's No. 1 LCD TV brand, is actively considering procuring under-30-inch thin film transistor-liquid crystal display (TFT-LCD) TV panels from Taiwan...

Taiwan's Derivative Financial Deals Hit New High of NT$5.77 Trillion in Dec. 2005.
February 15, 2006... (From Taiwan Economic News) Taipei, Feb. 15, 2006 (CENS)--The derivative financial deals recorded by banks in Taiwan hit a record high of NT$5.77 trillion (US$169.8 billion at US$1 = NT$34) in December 2005, up about 10% from a month...

TICC Inaugurated to Reinforce Taiwan's Ties With India.
February 15, 2006... (From Taiwan Economic News) Taipei, Feb. 15, 2006 (CENS)--To actively promote economic, trade and academic exchanges between Taiwan and India, Taiwan-India Cooperation Council (TICC) was recently inaugurated in Taipei with strong support...

Ma Ying-jeou Proposes Formation of Cross-Strait Common Market.
February 14, 2006... (From Taiwan Economic News) Taipei, Feb. 14, 2006 (CENS)--Ma Ying-jeou, chairman of the opposition Kuomintang, proposed the establishment of a cross-Taiwan Strait common market, which will benefit the two sides of the Strait, as well as...

Acer's NB Shipments Seen to Shoot Up 80% in Q1.
February 14, 2006... (From Taiwan Economic News) Taipei, Feb. 14, 2006 (CENS)--Acer Inc. will see shipment of notebook personal computers reach between 1.7 million and 1.8 million units in the first quarter of this year, up 70% up to 80% from the...