Taiwan Economic News articles from March 2002

Taiwan Economic News archives from March 2002

Central Bank raises projected GDP growth to around 2.2% for 2002.
March 29, 2002... Taipei, March 29, 2002 (CENS)--The Central Bank of China (CBC) is quietly raising its projection for Taiwan's growth rate in gross domestic product to around 2.2% for 2002 from an earlier estimation of 1.92% made late last year The...

Gov't, exporters plan various tactics on steel dispute with Beijing.
March 29, 2002... Taipei, March 29, 2002 (CENS)--While the government has worked out four possible options to deal with mainland China's probe into alleged dumping sales of Taiwan-made steel products in the mainland, exporters plan their own tactic to follow...

EU's quota restrictions on steel imports may indirectly hit Taiwan.
March 29, 2002... Taipei, March 29, 2002 (CENS)--Taiwan's exporters of steel products said yesterday they are closely watching the market development after the European Union's (EU) decision to impose a tariff quota restriction on imports of over a dozen steel...

Realty market showing signs of recovery.
March 29, 2002... Taipei, March 29, 2002 (CENS)--The Ministry of Finance (MOF) yesterday sold a land parcel in downtown Taipei at a price almost twice the floor price to a construction company through competitive bidding Officials said Yuanta Construction...

Employees won't get paid for staging strikes under new rules.
March 29, 2002... Taipei, March 29, 2002 (CENS)--The Council of Labor Affairs (CLA) has completed draft revisions to three major labor laws that will allow labor union members to stage strikes but the employers may also refuse to pay wages to strikers while...

United Ad to tie up with foreign agency for mainland market.
March 29, 2002... Taipei, March 29, 2002 (CENS)--United Advertising Co., one of the largest domestic ad agencies, plans to form alliance with an international agency to move into the tremendous and rapidly growing advertising market in mainland China ...

CMC Magnetics eyes Beijing's silver screens.
March 29, 2002... Taipei, March 29, 2002 (CENS)--Taiwan's CMC Magnetics Corp. plans to invest in a chain of movie cinemas in the mainland Chinese capital of Beijing, exploiting new opportunities in the liberalizing entertainment industry there Mainland...

IT firms form a global logistics e-operation alliance.
March 29, 2002... Taipei, March 29, 2002 (CENS)--Information technology firms, banks, and providers of logistics services recently announced the formation of a global logistics e-operation alliance The alliance will promote common standards in e-operations...

Atheros to tap WLAN market with Taiwan partners.
March 29, 2002... Taipei, March 29, 2002 (CENS)--Atheros Communications, Inc. of the U.S. is expected to team up with Accton Technology Corp., GemTek Technology Co., Ltd., and D-Link Corp. to tap the world wireless local area network (WLAN) market. The company...

Taiwan's skyrocketing WAN market heads back to earth.
March 29, 2002... Taipei, March 29, 2002 (CENS)--Demand for wide area (WAN) network products including asymmetrical digital subscriber line (ADSL) and cable modem devices could plunge by 47% this year, according to a forecast by the Market Intelligence Center...

Desktop CPUs find new home in notebook PCs: MIC.
March 29, 2002... Taipei, March 29, 2002 (CENS)--Nearly one in seven notebook computers sold this year will be powered by desktop PC central processing units (CPUs), according to the Market Intelligence Center (MIC) of the Institute for Information Industry of...

Taiwan motherboard makers back Nvidia chipset.
March 29, 2002... Taipei, March 29, 2002 (CENS)--Major motherboard makers in Taiwan plan to roll out boards with Nvidia's nForce chipset following the U.S. chipmaker's recent debut of the nForce 620 chipset, which supports AMD's Athlon series central...

Kai Mei Electric to score 60% revenue growth in March.
March 29, 2002... Taipei, March 29, 2002 (CENS)--Kai Mei Electric Co., a major aluminum electrolytic capacitor maker listed on Taiwan's over-the-counter (OTC) market, predicted that its revenue would reach NT$120 million in March, up 60% from February,...

Tsann Kuen Group records over 200% pretax profit growth in Q1.
March 29, 2002... Taipei, March 29, 2002 (CENS)--Tsann Kuen Group's revenue for the first quarter of the year is expected to jump 60% from one year earlier to hit NT$7 billion, with pretax profit estimated at NT$500 million, a whopping annual growth of over...

Unity Opto wins NT$500 M. LED order from U.S. carmaker.
March 29, 2002... Taipei, March 29, 2002 (CENS)--Unity Opto Technology Co. claimed yesterday that it has newly obtained an LED (light emitting diode) order worth NT$500 million from an international carmarker in the U.S., with deliveries to be made in the...

Opto Tech expects new high revenue in March.
March 29, 2002... Taipei, March 29, 2002 (CENS)--Mainly aided by increasing LED (light emitting diode) orders from both the U.S. and Japan, Opto Tech Co. expects its revenue for March will rise 72% from February to hit a 19-month high of NT$430 million ...

NT$ ends firmer, interbank loan rate down 0.8 basis point.
March 29, 2002... Taipei, March 29, 2002 (CENS)--The New Taiwan dollar yesterday edged up NT$0.013 to close at NT$35.024 against the U.S. dollar on the back of the gains in the local bourse and month-end demand for the local currency, dealers said The...

Taiwan's machinery exports to grow 10% in 2002: TAMI head.
March 29, 2002... Taipei, March 29, 2002 (CENS)--Taiwan's machinery exports are expected to post an annual increase to reach NT$320 billion, or US$9.14 billion this year, Chen Pan-chang, chairman of the Taiwan Association of Machinery Industry (TAMI) said...

Water Resources Agency established in central Taiwan.
March 29, 2002... Taipei, March 29, 2002 (CENS)--The Ministry of Economic Affairs yesterday inaugurated its Water Resources Agency (WRA) in the central city of Taichung to better manage Taiwan's water resources and tackle its lingering water shortage problem....

3 listed computer makers decide on dividend distribution for 2001.
March 29, 2002... Taipei, March 29, 2002 (CENS)--Advantech Co., Ltd., MiTAC International Corp., and MiTAC Technology Corp., three local computer manufacturers listed on the Taiwan Stock Exchange, will distribute dividends per share of NT$3.5, NT$0.5, and...

Yulon Motor to deal out NT$0.8 dividend per share for 2001.
March 29, 2002... Taipei, March 29, 2002 (CENS)--Yulon Motor Co., Ltd., a major local automobile manufacturer listed on the Taiwan Stock Exchange (TSE), will distribute a dividend of NT$0.8 per share, NT$0.6 in stock and NT$0.2 in cash, for its 2001 business...

Domestic prices of polyester filament yarn, PTY to rise for April.
March 29, 2002... Taipei, March 29, 2002 (CENS)--Local producers of polyester filament yarn and polyester textured yarn (PTY) have decided to raise their domestic sales prices for next month by NT$4-NT$5 per kilogram and NT$5 per kilogram at least,...

Chunghwa Telecom to mete out NT$3.5 per share for 2001 dividend.
March 29, 2002... Taipei, March 29, 2002 (CENS)--Chunghwa Telecom Co., Ltd., a state-run operator of telecommunication services listed on the Taiwan Stock Exchange (TSE), has decided to distribute dividend per share of NT$3.5, all in cash, for its 2001...

U-Ming Marine orders 2 bulk-cargo ships from China Shipbuilding.
March 29, 2002... Taipei, March 29, 2002 (CENS)--U-Ming Marine Transport Corp., a local shipping company listed on the Taiwan Stock Exchange, yesterday placed an order for two bulk-cargo ships at NT$2.4 billion with China Shipbuilding Corp., Taiwan's largest...

Shinkong, Tuntex Distinct not to distribute dividend for 2001.
March 29, 2002... Taipei, March 29, 2002 (CENS)--Shinkong Synthetic Fibers Corp. and Tuntex Distinct Corp., two main local manufacturers of polyester fiber listed on the Taiwan Stock Exchange (TSE), will not distribute any dividends for last year This is...

Central bank leaves rates unchanged after policy-making meeting.
March 29, 2002... Taipei, March 29, 2002 (CENS)--The board of the Central Bank of China decided to keep the bank's interest rates unchanged after it concluded its first quarterly policy-making meeting yesterday, on grounds that there are signs of economic...

TSMC pledges to build more wafer plants in Taiwan.
March 29, 2002... Taipei, March 29, 2002 (CENS)--Taiwan Semiconductor Manufacturing Co., the world's largest producer of made-to-order memory chips, promised yesterday to build more 12-inch wafer plants in Taiwan. As long as Taiwan's business environment...

Fubon Group said to have bought in 72.93 M. shares in United World.
March 29, 2002... Taipei, March 29, 2002 (CENS)--The Fubon Group was believed to have bought in 72.93 million shares in United World Chinese Commercial Bank released yesterday Taiwan Cooperative Bank yesterday, banking sources said. Taiwan Cooperative Bank...

China Development Financial to issue US$600 M. overseas bonds.
March 29, 2002... Taipei, March 29, 2002 (CENS)--The board of China Development Financial Holding Co. approved yesterday the company's plan to issue US$600 million in overseas convertible bonds for this year. The planned bonds will be issued separately in two...

Finance ministry not to issue government bonds in Q2.
March 29, 2002... Taipei, March 29, 2002 (CENS)--The Ministry of Finance has decided not to issue any government bonds in the second quarter of the year, citing an easing in demand for liquidity during the April-June period, MOF officials said yesterday. The...

Taiwan shares end higher as semiconductor issues make headway.
March 29, 2002... Taipei, March 29, 2002 (CENS)--Taiwan shares ended higher yesterday as late buying in semiconductor issues helped recover early losses, analysts said. The weighted price index of the Taiwan Stock Exchange rose 62.17 points, or 1.01%, to...

THE TAIWAN ECONOMIC NEWS FRIDAY, MARCH 29, 2002.
March 29, 2002... 30

Gov't eases mainland Chinese investment in Taiwan.
March 28, 2002... Taipei, March 28, 2002 (CENS)--The Executive Yuan (Cabinet) yesterday passed draft revisions to two bills that will allow direct mainland Chinese investment in Taiwan by removing the restrictions in current rules The Cabinet approved the...

Beijing rejects settling trade disputes via WTO.
March 28, 2002... Taipei, March 28, 2002 (CENS)--A mainland Chinese official said in Beijing that it is not necessary to solve the economic and trade disputes between Taiwan and the mainland through the World Trade Organization (WTO). Officials in Taipei said...

MOTC chief plans to talk on '3 direct links' in Shanghai.
March 28, 2002... Taipei, March 28, 2002 (CENS)--Transportation and Communications Minister Lin Ling-san yesterday said that he is willing to discuss with mainland Chinese officials on the relevant technical issue of opening 'three direct links' across the...

Shipments of Taiwan steel to mainland jump 6 times.
March 28, 2002... Taipei, March 28, 2002 (CENS)--The shipments of Taiwan-made cold-rolled steel products to mainland China by some suppliers have jumped by 500% or 600% recently in order to rush out exports after Beijing announced the probe into alleged...

Dell to bring mainland PCs to Taiwan in April 2002.
March 28, 2002... Taipei, March 28, 2002 (CENS)--American personal computer giant Dell Computer will start shipping PCs made in mainland China to Taiwan market in April. The company aims to lift Dell as the top brand in Taiwan's PC market Dell Computer...

DVD player royalty dispute could affect Taiwan suppliers.
March 28, 2002... Taipei, March 28, 2002 (CENS)--Leading Taiwanese suppliers of DVD players which enjoy brisk sales in mainland China could be affected by the prolonged standoff on royalty payment between DVD companies in the mainland and six international...

ITRI unveils hydra-dynamic bearing for HD-DVD drives.
March 28, 2002... Taipei, March 28, 2002 (CENS)--The Opto-Electronics & Systems Laboratories (OESL) of the Industrial Technology Research Institute (ITRS) recently developed a hydra-dynamic bearing for high-definition digital versatile disc (HD-DVD) drives ...

Hon Hai leads in connector suit against Tyco.
March 28, 2002... Taipei, March 28, 2002 (CENS)--Taiwan's Hon Hai Precision Ind. Co. seems to be coming out on top in the first round of its lawsuit against the U.S.-based Tyco over alleged infringement of its patented connectors. Hon Hai last year filed a...

Eastern Multimedia, i-CABLE near joint procurement deal.
March 28, 2002... Taipei, March 28, 2002 (CENS)--Eastern Multimedia Group chairman L.L. Wang will visit his counterpart at the Hong Kong-headquartered i-CABLE Communications Ltd. to discuss a joint-procurement deal as the first step of their joint entry into...

Taiwan has strong nanotechnology potential: ITRI.
March 28, 2002... Taipei, March 28, 2002 (CENS)--Taiwan should be able to marshal its world-topping ability in commercializing new technology to succeed in the rising field of nanotechnology, the government-backed Industrial Technology Research Institute...

LG Taiwan woos talent from local appliance makers.
March 28, 2002... Taipei, March 28, 2002 (CENS)--LG Taiwan, the local subsidiary of the leading South Korean home appliance maker, is actively recruiting middle- and high-ranking officials from other local appliance brands The company enticed the new...

HannStar wins UXGA-resolution panel orders from Compaq.
March 28, 2002... Taipei, March 28, 2002 (CENS)--Taiwan's HannStar Display Corp. recently said that it has received orders for top-level, 15-inch ultra extended graphics array (UXGA)-resolution liquid crystal display (LCD) panels used in notebook PCs from...

Taiwan IA market scale to hit over one million units in 2006.
March 28, 2002... Taipei, March 28, 2002 (CENS)--Taiwan's IA (information appliance) market enjoys bright sales prospects as the domestic demand is expected to break the level of one million units for the first time in 2006, the non-profit Institute for...

Taiwan PC popularity rate to surpass 50% in 2002: III.
March 28, 2002... Taipei, March 28, 2002 (CENS)--The average PC (personal computer) installation volume is expected to reach 0.51 unit per household in Taiwan in 2002, with the PC popularity rate in Taiwan poised to surpass 50% for the first time this year...

TSIP emerging as key production base for optoelectronics industry.
March 28, 2002... Taipei, March 28, 2002 (CENS)--The Tainan Science-based Industrial Park (TSIP) in southern Taiwan will serve as the key production base for Taiwan's optoelectronics industry as five TFT-LCD plants will invest over NT$200 billion in the park...

Taiwan Research Institute eyes economic growth of over 3% in 2002.
March 28, 2002... Taipei, March 28, 2002 (CENS)--Taiwan's economic growth will exceed 3% this year, and the growth rate will last well into the next two years, Liu Tai-yin, director of the Taiwan Research Institute, said yesterday The global economy...

Teco Image targets pretax EPS at NT$4.79 for 2002.
March 28, 2002... Taipei, March 28, 2002 (CENS)--Teco Image Co. said yesterday that its revenue may hit the target of NT$2.3 billion in 2002, up 20% from 2001 and its pretax profit will reach NT$348 million for earnings per share (EPS) of NT$4.79, a whopping...

NT$ ends firmer, average interbank loan rate up slightly.
March 28, 2002... Taipei, March 28, 2002 (CENS)--The New Taiwan dollar yesterday rose NT$0.013 to close at NT$35.024 against the U.S. dollar due to fresh gains in the Japanese yen, dealers said. The N.T. dollar opened at the day's high of NT$35.030 and hit a...

Taiwan's exports to mainland rose over 50% to US$2.24 B. in JanTaipei, March 28, 2002 (CENS)--Taiwan's exports to mainland China in January posted a sharp annual increase of 51.8% to reach US$2.24 billion, accounting for 23.1% of the island's total out.
March 28, 2002... Meanwhile, the 23.1% ratio of Taiwan's shipments to the mainland against the island's total exports in January represented a sharp rise of 8.1 percentage points from the same month of one year earlier BOFT statistics also indicated that...

Average daily forex deals hit 13-month high of US$5.167 B. in FebTaipei, March 28, 2002 (CENS)--Taiwan's average daily foreign exchange deals hit a 13-month high of US$5.167 billion in February, representing an increase of US$360 million over January d.
March 28, 2002... Forex deals between banks and customers accounted for 43.5% of total turnover in February, up from January's 37.5%. Interbank transactions commanded a 56.5% share, down from January's 62.5% and including 22.9% for deals among domestic banks...

Ideal Bike eyes net EPS of NT$1.15 for 2002.
March 28, 2002... Taipei, March 28, 2002 (CENS)--Ideal Bike Corp., a main local bicycle manufacturer listed on the local Taisdaq bourse, recently raised its financial projection for this year, with net (after-tax) earnings per share (EPS) targeted at NT$1.15...

Reward, Chuwa enjoyed huge profit growth in Feb.
March 28, 2002... Taipei, March 28, 2002 (CENS)--Reward Wool Industry Corp. and Chuwa Wool Industry Co., (Taiwan) Ltd., the top two local wool producers, saw whopping hikes in their pretax profits of NT$16 million and NT$2.87 million, respectively, for last...

Huaku Construction to deal out dividend per share of NT$2.2 for 2001.
March 28, 2002... Taipei, March 28, 2002 (CENS)--Huaku Construction Co., a local developer listed on the local Taisdaq stock market, will distribute a dividend of NT$2.2 per share, NT$1.2 in cash and NT$1 in stock, for its 2001 business operation Huaku's...

3 local makers hike March domestic prices of ABS, PS for 3rd time.
March 28, 2002... Taipei, March 28, 2002 (CENS)--Three local petrochemical manufacturers recently announced raising their domestic sales price per kilogram of ABS (copolymer of acrylonitrile, butadiene, styrene) by NT$1 and that of PS (polystyrene) by NT$2 for...

Local prices of PTA, EG, CPL, nylon expected to rise for April.
March 28, 2002... Taipei, March 28, 2002 (CENS)--Local producers of PTA (purified terephthalic acid), EG (ethylene glycol), CPL (caprolactam), and nylon plan to raise their domestic sales prices for next month by NT$4-NT$5 per kilogram for the first three...

Taiwan Life Insurance to mete out 2001 dividend of NT$3 per share.
March 28, 2002... Taipei, March 28, 2002 (CENS)--Taiwan Life Insurance Co., Ltd., listed on the Taiwan Stock Exchange (TSE), will deal out a dividend of NT$3 per share, including NT$2 in cash and NT$1 in stock, for its 2001 business operation. Taiwan Life's...

Taiwan's leading indicators posted slight on-month gain in FebTaipei, March 28, 2002 (CENS)--Taiwan's composite index of leading indicators rose 0.2% month-on-month in February, the fifth gain in a row, the Council for Economic Planning and Development.
March 28, 2002... The leading economic indicators, which gauge economic activity for the upcoming three to six months, stood at 98.7, the highest since December 2000, the CEPD said. The growth in February was weak, as compared with January's revised 1.9%...

Taiwan shares end down on profit taking.
March 28, 2002... Taipei, March 28, 2002 (CENS)--Taiwan shares slid yesterday as investors sold traditional manufacturing stocks following their recent gains, while technology issues remained weak on concerns of the second quarter sales, analysts said....

First Bank sells NT$13 billion NPLs to Cerberus.
March 28, 2002... Taipei, March 28, 2002 (CENS)--First Commercial Bank yesterday sold NT$13 billion worth of its non-performing loans to U.S-based Cerberus Asia Capital Management through auction, bank officials said. First Bank, however, declined to reveal...

Taiwanese banks cut rates for passbook savings deposits.
March 28, 2002... Taipei, March 28, 2002 (CENS)--Two of Taiwan's 'Big-Three' commercial banks--First Commercial Bank and Hua Nan Commercial Bank--yesterday lowered their interest rates paid to passbook savings deposits by 0.2 of a percentage point to 2%,...

Cabinet approves administrative guidelines for fiscal 2003.
March 28, 2002... Taipei, March 28, 2002 (CENS)--The Executive Yuan (Cabinet) yesterday approved a set of administrative guidelines for fiscal 2003, calling for a balance budget within the upcoming five to 10 years. Under the administrative guidelines, the...

Taiwan's labor/management disputes hit record high in 2001.
March 28, 2002... Taipei, March 28, 2002 (CENS)--The number of labor/management disputes in Taiwan broke the 10,000 mark to reach 10,955 cases in 2001, as more and more local companies restructured their organizations, or even merged with others to strengthen...

24/7 Business Model Gains Popularity in Taiwan.
March 28, 2002... More and more companies in Taiwan are switching to the 24-hour business model in an effort to generate more sales in the face of the slumping economy and changing lifestyles In times past, only convenience stores operated around the...

Infineon, Naya Tech of FPG forming semiconductor alliance.
March 27, 2002... Taipei, March 27, 2002 (CENS)--The Formosa Plastics Group (FPG) and German semiconductor giant Infineon are edging toward a deal to set up the world's third largest semiconductor company after Samsung of South Korea and Micron Technology of...

Taiwan to take steel dispute with Beijing to WTO.
March 27, 2002... Taipei, March 27, 2002 (CENS)--The government has not ruled out a plan to lodge a protest against mainland China for its failure to officially inform Taiwan of its plan to conduct a probe into alleged dumping sales of Taiwan-made steel...

President vows transport hardware to lure investors.
March 27, 2002... Taipei, March 27, 2002 (CENS)--President Chen Shui-bian vowed yesterday to improve the hardware infrastructures for shipping and air cargo services in Taiwan to attract foreign companies to take root on the island When attending the...

Gov't to help settle labor dispute arising from bank merger.
March 27, 2002... Taipei, March 27, 2002 (CENS)--The Council of Labor Affair (CLA) will invite officials of two other government agencies to coordinate on settling the labor disputes involving the demand for severance pay by former employees of Dah An...

3 gov't banks to trim 1,000 employees from workforce.
March 27, 2002... Taipei, March 27, 2002 (CENS)--Three government-owned banks will soon implement plans of cutting their payrolls by offering early retirement packages and lop off over 1,000 employees Executives of Bank of Taiwan, Taiwan Cooperative Bank...

Gov't to announce wafer foundry investment policy.
March 27, 2002... Taipei, March 27, 2002 (CENS)--Officials of the Executive Yuan (Cabinet) held last night the last meeting concerning the government's policy of allowing semiconductor companies to conditionally set up eight-inch wafer foundries in mainland...

LCD PC prices head up.
March 27, 2002... Taipei, March 27, 2002 (CENS)--Desktop computer systems with liquid crystal display (LCD) monitors are becoming more costly as makers of the flat-panel displays jack up prices A typical Pentium-4 desktop PC with a 15-inch LCD monitor in...

FIC to expand mainland production.
March 27, 2002... Taipei, March 27, 2002 (CENS)--Signs of recovery in the global information and electronics industry have encouraged First International Computer Inc. (FIC) to accelerate production expansions in mainland China FIC has set up three...

Lite-On IT secures DVD-ROM drive order from Sony.
March 27, 2002... Taipei, March 27, 2002 (CENS)--Optical disk drive maker Lite-On IT Corp. of Taiwan will supply digital video disk read only memory (DVD-ROM) drives to Sony Corp., thanks to a recently secured order from the Japanese electronics giant. The...

Microsoft wins corporate backing for XML web services in Taiwan.
March 27, 2002... Taipei, March 27, 2002 (CENS)--Microsoft Taiwan recently announced that 19 Taiwanese enterprises including Jih Sun Securities Co., Ltd., Chinatrust Commercial Bank, ez Travel.com and books.com.tw have joined its XML Web Services program. The...

Legend to outsource digital cameras from Taiwan.
March 27, 2002... Taipei, March 27, 2002 (CENS)--Taiwanese manufacturers will join two mainland Chinese firms in supplying low- to mid-range digital cameras to the mainland-based Legend Group, according to industry sources in Taiwan The cameras will have...

ARTC to inaugurate new lab and test track in mid-year.
March 27, 2002... Taipei, March 27, 2002 (CENS)--The Automotive Research & Testing Center (ARTC) will inaugurate Taiwan's first world-class automobile testing lab and test track in mid-year, according to the Industrial Technology Department (ITD) of the...

Asustek expects 25% growth in notebook PC sales in Taiwan in 2002.
March 27, 2002... Taipei, March 27, 2002 (CENS)--After four years of efforts, Asustek Computer Inc. expects its annual sales of notebook PC sales in the Taiwan market will break the level of 80,000 units for the first time in 2002, executives of the firm said...

GVC to win huge mobile phone orders from Ericsson.
March 27, 2002... Taipei, March 27, 2002 (CENS)--GVC Corp. said yesterday that it has already obtained the authorization for GPRS (general packet radio service) mobile phone platform from Ericsson The move expects to help GVC win orders for 2.5 generation...

Powerchip Semiconductor wins OEM orders from Tachyon.
March 27, 2002... Taipei, March 27, 2002 (CENS)--The U.S.-based Tachyon Semiconductor said yesterday that its stacking memory would enter trial production in the second quarter. On an OEM (original equipment manufacturer) basis, logic products will be made by...

Epistar lands huge LED orders from Europe, Japan.
March 27, 2002... Taipei, March 27, 2002 (CENS)--Epistar Corp. claimed yesterday that the firm has newly obtained huge LED (light emitting diode) orders from international makers in both Europe and Japan, which is expected to help the firm rake in revenue of...

Optoelectronics leads in production value at TSIP in Jan.-FebTaipei, March 27, 2002 (CENS)--The production value of optoelectronics products surpassed that of semiconductors in the Tainan Science-based Industrial Park (TSIP), in southern Taiwan, for th.
March 27, 2002... TSIP officials said yesterday that optoelectronics products posted the production value of NT$6.6 billion in the first two months, exceeding that of NT$6.5 billion recorded for semiconductor products for the first time after the establishment...

Quanta Display to assemble rear-end TFT-LCD modules for Sharp.
March 27, 2002... Taipei, March 27, 2002 (CENS)--Quanta Display Inc. said yesterday that the firm has obtained orders from Sharp of Japan for assembling rear-end TFT-LCD (thin film transistor-liquid crystal display) modules for the Japanese firm on an OEM...

NT$ rises slightly, average interbank loan rate down 0.5 basis point.
March 27, 2002... Taipei, March 27, 2002 (CENS)--The New Taiwan dollar yesterday inched up NT$0.009 against the U.S. dollar to close at NT$35.037 on the Taipei foreign exchange market as the Japanese yen turned stronger against the greenback, dealers said ...