Taiwan Economic News articles from November 2006

Taiwan Economic News archives from November 2006

Gov't May Tacitly Ease Chinese Investment Restrictions Taipei, Nov. 29, 2006 (CENS)--Faced with the resurgent pressure from the business community for relaxing restrictions on investments in China, the Executive Yuan and the ruling DPP (Democratic Progres.
November 29, 2006... (From Taiwan Economic News) MOTC Gives Green Light to Inauguration of High-Speed Rail Conditionally Taipei, Nov. 29, 2006 (CENS)--The concluding contract-performance evaluation meeting for the high-speed rail, organized by the Ministry...

Taiwan to Finance Private Development of Innovative Web 2.0 Ideas With NT$400 MTaipei, Nov. 29, 2006 (CENS)--The Ministry of Economic Affairs (MOEA) has decided to finance the private sector with NT$400 million (US$12 million at US$1:NT$33) over the ne.
November 29, 2006... (From Taiwan Economic News) Executives of the government-backed Institute for Information Industry (III), which is entrusted to conduct the funding project, pointed out that the government project includes an NT$1 million (US$30,000)...

CPT to Ship 6 M. TV Panels in 2007.
November 29, 2006... (From Taiwan Economic News) Taipei, Nov. 29, 2006 (CENS)--The Chunghwa Picture Tubes, Ltd. (CPT), Taiwan's No. 3 thin film transistor-liquid crystal display (TFT-LCD) panel maker, is expected to ship 3.5 million LCD TV panels this year...

MIC President Thinks American Motorbike Market is in for Smooth Ride.
November 29, 2006... (From Taiwan Economic News) By QUINCY LIANG Tim Buche, with arguably more passion for motorcycling on the open road than concerns for motorcycling safety, does his best to juggle multiple tasks as the president of three major...

MOF Reviewing Taxation on Investments by Private Equity Funds.
November 28, 2006... (From Taiwan Economic News) Taipei, Nov. 28, 2006 (CENS)--In the face of the aggressive moves of foreign private funds acquiring or buying into domestic firms recently, the Ministry of Finance (MOF) is reviewing the existing tax...

Foreign Investors Regard Carlyle's Takeover Offer for ASE Too Low.
November 28, 2006... (From Taiwan Economic News) Taipei, Nov. 28, 2006 (CENS)--Growing numbers of foreign investors have echoed the evaluation of Lehman Brothers regarding prices offered by Carlyle Group in its takeover bid for ASE Inc. as too low, a trend...

Oil Price Hike Deal Heavy Blow to Air/Marine Carriers in Taiwan.
November 28, 2006... (From Taiwan Economic News) Taipei, Nov. 28, 2006 (CENS)--The hike in global oil prices has eroded the profits scored by air and marine transportation carriers in Taiwan in the third quarter of this year For the air carriers, China...

FPG's Chipmaking Unit Plans NT$110 B. Capex for 2007.
November 28, 2006... (From Taiwan Economic News) Taipei, Nov. 28, 2006 (CENS)--The chipmaking unit under the Formosa Plastics Group (FPG) has planned capital expenditure of NT$110 billion (US$3.3 billion at US$1:NT$33) for 2007, underscored recently by...

Sony's Taiwan R&D Center Focuses More on LCD TV, Digital Camera.
November 28, 2006... (From Taiwan Economic News) Taipei, Nov. 28, 2006 (CENS)--Sony Corp. of Japan has adjusted the product development strategy of its R&D center in Taiwan, focusing more on LCD TV and digital-camera products and building closer cooperation...

TPV to Ship 30 M. LCD Monitors in 2006: Chairman Hsuan.
November 28, 2006... (From Taiwan Economic News) Taipei, Nov. 28, 2006 (CENS)--TPV Technology Ltd. is expected to ship about 30 million LCD monitors in 2006, with over 50% of which featuring thin film transistor-liquid crystal display (TFT-LCD) panels...

Taiwanese Banks Rank Low Among Top-50 Asian Banks in Competitiveness.
November 28, 2006... (From Taiwan Economic News) Taipei, Nov. 28, 2006 (CENS)--A survey on the competitiveness of banks in Asia for 2006 showed Hongkong & Shanghai Banking Corp. and Hang Seng Bank Ltd., both based in Hong Kong, are the top two banks in the...

Takeover Bid of Carlyle for ASE Prompts Gov't to Review Chinese Investment Policy.
November 27, 2006... (From Taiwan Economic News) Taipei, Nov. 27, 2006 (CENS)--The announcement of the takeover bid of Carlyle Group, a Washington-based private equity fund, for ASE Inc., the world's largest IC packaging and testing firm, last Friday (Nov....

Fitch Offers Negative Outlook for Ratings on Chinatrust FHC.
November 27, 2006... (From Taiwan Economic News) Taipei, Nov. 27, 2006 (CENS)--Fitch Ratings recently affirmed the long-term foreign currency issuer default rating at 'A-', national long-term rating at 'AA(tw)' on Chinatrust Financial Holding Co. (Chinatrust...

Asustek to Tap Software R&D.
November 27, 2006... (From Taiwan Economic News) Taipei, Nov. 27, 2006 (CENS)--Asustek Computer Inc. will learn India's software key technologies by cooperating with an India software developer by the middle of next year. In the meantime, Asustek will also...

PSC Hints Suzhou As Site for Its First China Fab.
November 27, 2006... (From Taiwan Economic News) Taipei, Nov. 27, 2006 (CENS)--For the first time, PowerChip Semiconductor Corp. (PSC) President Brian Hsieh hinted his company would likely choose Suzhou over other mainland Chinese cities as the site for its...

Sanyang to Produce Light Commercial Vehicles in Vietnam.
November 27, 2006... (From Taiwan Economic News) Taipei, Nov. 27, 2006 (CENS)--Sanyang Industry Co., Ltd. is planning to pour at least US$20 million to locally produce a 1,300cc commercial vehicle in Vietnam, making it the first Taiwan company that...

Kolon of S. Korea to Win RiTdisplay's Operation Right.
November 27, 2006... (From Taiwan Economic News) Taipei, Nov. 27, 2006 (CENS)--Taiwan's RiTdisplay Corp., the world's second-largest organic light-emit diode (OLED) manufacturer, recently announced plans to form a strategic alliance with the Kolon Group of...

Taiwan's Net Inflow of Foreign Equity Funds to Hit 6-month High in Nov.
November 27, 2006... (From Taiwan Economic News) Taipei, Nov. 27, 2006 (CENS)--Taiwan witnessed net inflow of foreign equity funds of US$125.396 billion as of Nov. 17 of this year, an increase of US$1.863 billion from the corresponding figure of US$123.539...

Carlyle Reportedly Ready for Acquiring a Taiwanese Electronics Firm.
November 24, 2006... (From Taiwan Economic News) Taipei, Nov. 24, 2006 (CENS)--Following its hefty gains in Taiwan's cable-TV industry, Carlyle Group, a Washington-based private equity fund, has reportedly decided to buy out a large domestic electronics firm...

CSC Forecasts Booming Steel Market for Next 10 Years.
November 24, 2006... (From Taiwan Economic News) Taipei, Nov. 24, 2006 (CENS)--China Steel Corporation (CSC), Taiwan's largest integrated producer of steel products, forecast a promising outlook for its operation in 2007, as the global steel market will...

Wintek to Set Up LCD Module Plant in India.
November 24, 2006... (From Taiwan Economic News) Taipei, Nov. 24, 2006 (CENS)--The Wintek Corp., a major supplier of small- to medium-size liquid crystal display (LCD) panels in Taiwan, has announced plans to invest tens of million U.S. dollars in setting up...

Taiwan's Jobless Rate Hit Six-Year Low of 3.9% in October.
November 24, 2006... (From Taiwan Economic News) Taipei, Nov. 24, 2006 (CENS)--Thanks to increasing employment in industrial, manufacturing, wholesaling, and restaurant sectors, Taiwan's jobless rate dropped to 3.9% in October, the lowest for the same month...

Taiwan Green Point Agrees to Takeover Offer of Jabil.
November 23, 2006... (From Taiwan Economic News) Taipei, Nov. 23, 2006 (CENS)--The board of directors of the Taiwan Green Point Enterprises Co., Ltd., a major handset case maker, has agreed to the takeover offer of Jabil Circuit of the U.S., one of the...

Investments in Taiwan by Foreigners and Overseas Chinese to Hit New High in 2006.
November 23, 2006... (From Taiwan Economic News) Taipei, Nov. 23, 2006 (CENS)--Thanks to the government's concerted efforts to lure investments from abroad, investments in Taiwan by foreigners and overseas Chinese will hit an all-time high this year,...

Top Three Taiwanese Telecom Providers Report Mixed October Results.
November 23, 2006... (From Taiwan Economic News) Taipei, Nov. 23, 2006 (CENS)--In October alone, Chunghwa Telecom Co., Ltd. and Taiwan Mobile Corp. saw their revenues slightly slip whereas Far EasTone Telecom Co., Ltd. was jubilant about a revenue surge. In...

Chimei, Innolux to See LCD Monitor Shipment Rise Significantly.
November 23, 2006... (From Taiwan Economic News) Taipei, Nov. 23, 2006 (CENS)--Taiwan's Chimei Corp. and Innolux Display Corp. are expected to see their shipment of LCD monitors grow on the increasing popularity of Viewsonic Corp.'s ViewDock iPod-compatible...

AUO to Become World's No. 1 LCD TV-panel Supplier in 2007: DisplaySearch.
November 23, 2006... (From Taiwan Economic News) Taipei, Nov. 23, 2006 (CENS)--Taiwan's thin film transistor-liquid crystal display (TFT-LCD) panel maker AU Optronics Corp. (AUO) is expected to become the world's largest supplier of LCD TV panels in 2007...

U.S. Department of Commerce Removes Anti-Dumping Duty on Samson.
November 22, 2006... (From Taiwan Economic News) Taipei, Nov. 22, 2006 (CENS)--The U.S. Department of Commerce has announced cutting the anti-dumping rate for the U.S.-bound bed-room wooden furniture products of Taiwan-invested Samson Holdings Ltd., parent...

Jeffrey Koo Jr. Facing Dilemma for Returning to Taiwan.
November 21, 2006... (From Taiwan Economic News) Taipei, Nov. 21, 2006 (CENS)--With the approaching of the investigation session on Nov. 22, it' still uncertain whether Jeffrey Koo Jr., vice chairman of Chinatrust Financial Holding, will comply with the...

Eric Sports Marketing Wins MLB Trademark Agency in Tawan.
November 21, 2006... (From Taiwan Economic News) Taipei, Nov. 21, 2006 (CENS)--Eric Sports Marketing Co. Ltd. has obtained the right of exclusive agency for the trademarks of the U.S. Major League Baseball (MLB) in Taiwan, with MacDonald going to be its...

Investors Advised to Buy on Quanta Stocks.
November 21, 2006... (From Taiwan Economic News) Taipei, Nov. 21, 2006 (CENS)--Based on the report issued by The Wall Street Journal Asia that Quanta Computer Inc., the world's leading manufacturer of notebook personal computers, is poised to promote product...

European, American Silicon Foundries Vie for Taiwanese Fabless Contracts.
November 21, 2006... (From Taiwan Economic News) Taipei, Nov. 21, 2006 (CENS)--Taiwan's fabless market has drawn intensive attention from European and American silicon foundries, with XFAB Semiconductor of Germany and Jazz Semiconductor of the United States...

UMC Courts Defecting TI With Improved 65nm Process.
November 21, 2006... (From Taiwan Economic News) Taipei, Nov. 21, 2006 (CENS)--United Microelectronics Corp. (UMC) has recently improved defect-free output rate of its 65-nm process in hope of winning back Texas Instruments (TI), which recently delegated...

Taiwan's Local Production Ratio for Electronic Parts Falls Under 50%.
November 21, 2006... (From Taiwan Economic News) Taipei, Nov. 21, 2006 (CENS)--The local production ratio of Taiwan's electronic parts and components industry hit a record low of only 49.4% in the third quarter as a result of some big companies expanding...

Taiwan's Major TFT-LCD Makers Cluster LCM Facilities in Southern China.
November 21, 2006... (From Taiwan Economic News) Taipei, Nov. 21, 2006 (CENS)-Taiwan's leading makers of thin film transistor-liquid crystal display (TFT-LCD) panels have stepped up their investment in LCD module (LCM) facilities in southern China, in a bid...

Taiwan's Private Spending Commands 62% of GDP, Highest Among Asia's 4 Little Dragons.
November 21, 2006... (From Taiwan Economic News) Taipei, Nov. 21, 2006 (CENS)--Taiwan's private spending has accounted for 62% of the gross domestic product (GDP) this year, the highest among the four little dragons in Asia and ranking 18th in the world,...

APEC Leaders Support Setup of Regional Free Trade Area.
November 20, 2006... (From Taiwan Economic News) Taipei, Nov. 20, 2006 (CENS)--Following their two-day meeting, leaders of the 21 Asia-Pacific Economic Cooperation (APEC) member economies issued a statement on Nov. 19, proposing to resume the Doha...

Mainland China Begins Exports of Butandiene.
November 20, 2006... (From Taiwan Economic News) Taipei, Nov. 20, 2006 (CENS)--China Petroleum and Chemical Corp. (Sinopec) of mainland China will export 15 million metric tons of butandiene, marking the first time for the nation to export basic...

TRC Assigns 'twA' Rating to Taiwan Acceptance's Unsecured Corporate Bond.
November 20, 2006... (From Taiwan Economic News) Taipei, Nov. 20, 2006 (CENS)--Taiwan Ratings Corp. (TRC) recently assigned its 'twA' rating to a planned three-year NT$600 million (US$18.18 million at US$1:NT$33) unsecured corporate bond to be issued by...

Hon Hai to Establish Hi-Tech Park In Hebei.
November 20, 2006... (From Taiwan Economic News) Taipei, Nov. 20, 2006 (CENS)--Hon Hai Precision Industry Co., Ltd., Taiwan's biggest manufacturing conglomerate by revenue, will establish a hi-tech park on a 6,000-acre site in mainland Chinese province of...

Tanox's Protein-drug Project in Taiwan Might Be Affected by Genentech's Acquisition.
November 20, 2006... (From Taiwan Economic News) Taipei, Nov. 20, 2006 (CENS)--Genentech Inc., the world's second-largest biotechnology company, recently announced plans to acquire Tanox Inc., a biotechnology company specializing in the discovery and...

Taiwanese Banks Actively Floating Bonds to Raise Capital Adequacy Ratio.
November 20, 2006... (From Taiwan Economic News) Taipei, Nov. 20, 2006 (CENS)--To comply with the "New Basel Capital Accord," which includes a more comprehensive measure and minimum standard for capital adequacy, Taiwan's domestic banks are actively issuing...

Bank SinoPac Boosts Market Share in Taiwan and Overseas.
November 20, 2006... (From Taiwan Economic News) Bank SinoPac absorbed the International Bank of Taipei on Nov. 13, giving it the second-largest number of bank branches in the Taipei area, after the Taiwan Cooperative Bank. Bank SinoPac now has a total of 129...

Management Reshuffle Paves Way for Merger of Chang Hwa Bank, Taishin Bank.
November 17, 2006... (From Taiwan Economic News) Taipei, Nov. 17, 2006 (CENS)--Under the arrangement of Taishin Financial Holding and approval of the Ministry of Finance (MOF), Chen Chen-jau, president of Chang Haw Bank, resigned yesterday, to be succeeded...

New Law Dashes Hope for Taiwanese Banks to Tap Chinese Market in Short Term.
November 17, 2006... (From Taiwan Economic News) Taipei, Nov. 17, 2006 (CENS)--The publication of the "Statute for Management of Foreign Banks" by the Chinese government on Nov. 15 has dashed hope for Taiwanese banks to tap the Chinese banking market in the...

Hon Hai to See Monthly Sales Top NT$100 B. by Year End.
November 17, 2006... (From Taiwan Economic News) Taipei, Nov. 17, 2006 (CENS)--Hon Hai Precision Industry Co., Ltd., Taiwan's largest electronics firm, said it posted NT$91.5 billion (US$2.77 billion at US$1:NT$33) in sales in October this year, setting an...

Quanta Storage Ties Up With Sony NEC of Japan.
November 17, 2006... (From Taiwan Economic News) Taipei, Nov. 17, 2006 (CENS)--Quanta Storage Inc. (QSI), Taiwan's second-largest manufacturer of optical storage products, recently teamed up with the DVD (digital video disc) technology-development group led...

MAC to Allow 0.18-micron Transplantation to Mainland China.
November 17, 2006... (From Taiwan Economic News) Taipei, Nov. 17, 2006 (CENS)--Chairman Joseph Wu of the Cabinet-level Mainland Affairs Council (MAC) yesterday hinted for the first time that his council would issue a green light to the policy of allowing...

MediaTek Reportedly to Buy Into LCD Maker AmTRAN.
November 17, 2006... (From Taiwan Economic News) Taipei, Nov. 17, 2006 (CENS)--MediaTek Inc., currently Taiwan's No. 1 fabless house by market capitalization, is reported to buy a stake in liquid-crystal display (LCD) product maker AmTRAN Technology Co.,...

Maxell Places Super ODM Order With Ritek for DVD, CD-R Discs.
November 17, 2006... (From Taiwan Economic News) Taipei, Nov. 17, 2006 (CENS)--The Hitachi Maxell Ltd. of Japan, world's No. 4 and Japan's No. 2 optical-disc brand, has decided to stop production in Japan, and will contract Ritek Corp. of Taiwan to supply...

Lite-On Debuts World's First 20X DVD Burner.
November 17, 2006... (From Taiwan Economic News) Taipei, Nov. 17, 2006 (CENS)--Lite-On IT Corp., a leading optical-disc drive maker in Taiwan, recently debuted the world's first (and fastest) 20X DVD burner model Hitachi-LG Data Storage Inc. (HLDS), a...

MSCI Raises Slightly Taiwanese Weighting in Asia-Pacific Index.
November 16, 2006... (From Taiwan Economic News) Taipei, Nov. 16, 2006 (CENS)--Morgan Stanley Capital International (MSCI ) publicized yesterday (Nov. 15) its quarterly indices adjustment, raising the weighting of Taiwanese stocks in MSCI Asia-Pacific Index...

Taiwan's Economic Growth May Drop Below 4% This Year.
November 16, 2006... (From Taiwan Economic News) Taipei, Nov. 16, 2006 (CENS)--Affected by sluggish private consumption and investment, Taiwan's economic growth will drop below 4%, possibly reaching only 3.5%, said Kuan Chung-min, director of the Institute...

Business Downturn Hits Top Two Silicon Foundry Suppliers.
November 16, 2006... (From Taiwan Economic News) Taipei, Nov. 16, 2006 (CENS)--Both Taiwan Semiconductor Manufacturing Co. (TSMC) and United Microelectronics Corp. (UMC) saw their revenues decline for two consecutive months since August mostly because of...

Another Taiwanese Firm Successfully Lists Shares in China.
November 15, 2006... (From Taiwan Economic News) Taipei, Nov. 15, 2006 (CENS)--Another Taiwanese-invested company in China has achieved extraordinary success in listing its shares on the Chinese securities market, as Seagull Co., Ltd., a Taiwanese-invested...

Taiwanese Listings in Hong Kong Will Set New Record in 2007.
November 15, 2006... (From Taiwan Economic News) Taipei, Nov. 15, 2006 (CENS)--The scale of IPO (initial public offering) of Taiwanese firms on the Hong Kong stock market is expected to hit a record high of HK$10 billion in 2007, five times the projected...

AmTRAN Reaps Harvest From Sales of LCD TVs in U.S. Market.
November 15, 2006... (From Taiwan Economic News) Taipei, Nov. 15, 2006 (CENS)--AmTRAN Technology Co., Ltd., one of Taiwan's leading manufacturers of liquid crystal display (LCD) TVs, ranked fifth in the U.S. market in terms of sales value in the third...

Over 10 M. LCD TVs Sold Worldwide in Q3: DisplaySearch.
November 15, 2006... (From Taiwan Economic News) Taipei, Nov. 15, 2006 (CENS)--A total of over 10 million LCD TVs were sold in the third quarter, while North America outpaced Europe for the first time to become the world's largest LCD TV market, according...

CBC Liberalizes Bank Loans for Foreigners.
November 14, 2006... (From Taiwan Economic News) Taipei, Nov. 14, 2006 (CENS)---In order to mop up flooding idle funds and stimulate domestic investments, the Central Bank of China (CBC) announced yesterday (Nov. 13) to open up NT-dollar bank loans for...

CPC to Ally With Petronas of Malaysia for Exploring Oil Fields.
November 14, 2006... (From Taiwan Economic News) Taipei, Nov. 14, 2006 (CENS)--The state-run Chinese Petroleum Corp. (CPC), Taiwan's largest oil refiner, will form a strategic alliance with Petroliam Nasional Bhd. (Petronas) to explore oil fields there ...

Taiwan's EDM Makers Gearing Up to Develop Unique Models.
November 14, 2006... (From Taiwan Economic News) Taipei, Nov. 14, 2006 (CENS)--Taiwan's leading manufacturers of electric discharge machine (EDM) and wire-cutting machines, including Ching Hung Machinery Works Co., Hsiu Fong Machinery Co., Ltd. and Lien...

TSMC's Chang Announces New Profit-Sharing Formula for Employees.
November 14, 2006... (From Taiwan Economic News) Taipei, Nov. 14, 2006 (CENS)--Beginning 2008, Taiwan Semiconductor Manufacturing Co. (TSMC) will include the profit shared by its employees in its operating cost in accordance with revised government...

Taiwan's Exports of Medical Devices Up 13.3% in First Half.
November 14, 2006... (From Taiwan Economic News) Taipei, Nov. 14, 2006 (CENS)--The export value of Taiwan-made medical devices reached NT$12.87 billion (US$390 million at US$1: NT$33) in the first half, up 13.3% from a year earlier, while the import value...

Taiwan Consumers Keep Brakes on Buying New Cars in OctTaipei, Nov. 14, 2006 (CENS)--In an environment buzzing with anticipation of potential price cuts to new cars next year due to the commodity-tax reduction, sales of new cars in Taiwan screeched to o.
November 14, 2006... (From Taiwan Economic News) Most local automakers doubt that the annual volume of new cars sold could exceed 350,000 units this year The statistics compiled by the Ministry of Transportation and Communications (MOTC) showed that a...

CSC's R&D Alliance Benefits Downstream Makers to, in Turn, Help CSC.
November 14, 2006... (From Taiwan Economic News) By QUINCY LIANG Taiwan's China Steel Corp. (CSC) and four major aftermarket (AM) sheet-metal automotive body-parts companies jointly set up the "R&D Alliance of Digitized Die-development Technology for AM...

Taiwanese ICT Firms to Tap Homeland Security Market.
November 13, 2006... (From Taiwan Economic News) Taipei, Nov. 13, 2006 (CENS)--In a pioneering move to tap the huge potential for the homeland security market among the Taiwanese ICT (information and communications technology) firms, Acer Inc. and Tecom Co.,...

2,000 CEOs Attend APEC to Explore the Vietnamese Market.
November 13, 2006... (From Taiwan Economic News) Taipei, Nov. 13, 2006 (CENS)--The 2006 APEC (Asia Pacific Economic Forum) meeting kicked off in Hanoi on November 12, boasting attendance of more than 2,000 corporate chief-executive-officers (CEOs), including...

MLCC Makers See Production Reach Full Capacity in Q4.
November 13, 2006... (From Taiwan Economic News) Taipei, Nov. 13, 2006 (CENS)--Taiwan's three-largest manufacturers of multi-layer ceramic capacitor (MLCC), including Walsin Technology Corp., Yageo Corporation and Holy Stone Enterprise Co., will see...

TRC Revises Ratings on Shinkong Insurance.
November 13, 2006... (From Taiwan Economic News) Taipei, Nov. 13, 2006 (CENS)--Taiwan Ratings Corp. (TRC) recently revised the 'twAA-' long-term counterparty and financial strength ratings for Shinkong Insurance Co., Ltd. from stable to positive The...

CMO Sets New Revenue, Shipment Records in OctTaipei, Nov. 13, 2006 (CENS)--The Chi Mei Optoelectronics Corp. (CMO), Taiwan's No. 2 maker of thin film transistor-liquid crystal display (TFT-LCD) panels, scored record monthly revenues and shipments in Oc.
November 13, 2006... (From Taiwan Economic News) CMO's October revenues and shipment volumes were, respectively, 60.5% and 60.3% of those of the 'new' AUO, compared with 70.1% and 72% in September. Industry sources commented that such figures indicate a...

Taiwan Products in China Hit New Low of 10.96% in First 9 Months.
November 13, 2006... (From Taiwan Economic News) Taipei, Nov. 13, 2006 (CENS)--The market share of Taiwan-made products in mainland China hit a new low of 10.96% in the first nine months of this year, according to the statistics released by the Bureau of...

Legislative Yuan Committee Approves Financial Investments in China.
November 10, 2006... (From Taiwan Economic News) Taipei, Nov. 10, 2006 (CENS)--Despite strong opposition from the executive branch, the interior affairs committee of the Legislative Yuan still passed revisions to the "Statute for Cross-Strait...

TSMC to Build Two More 300mm Fabs in Taiwan.
November 10, 2006... (From Taiwan Economic News) Taipei, Nov. 10, 2006 (CENS)--licon-foundry giant Taiwan Semiconductor Manufacturing Co. (TSMC) recently confirmed reports that it will build two more 300mm wafer fabs at the Hsinchu Science Park and...

Bluetooth SIG to Hold Annual Meeting in Taiwan for First Time.
November 10, 2006... (From Taiwan Economic News) Taipei, Nov. 10, 2006 (CENS)-Bluetooth Special Interest Group, or Bluetooth SIG, will hold its annual meeting on Nov. 13 in Taipei, the first such meeting in Taiwan. Wireless-technology heavyweights from...

Compal Saw Record Shipment of 1.65 Million Notebook PCs in OctTaipei, Nov. 10, 2006 (CENS)--Compal Electronics Inc. recently announced that its notebook PC shipment volume hit a record monthly high of 1.65 million units in October, traditionally a boom.
November 10, 2006... (From Taiwan Economic News) Compal, a major contract notebook PC maker, registered revenue of NT$32.1 billion (US$972.73 million at US$1: NT$33) in October, up 22% from the previous month and 52.1% from the same month of last year. The...

Mosel, ITRI Tie Up in RFID Biz.
November 10, 2006... (From Taiwan Economic News) Taipei, Nov.10, 2006 (CENS)--As part of its transformation plans, Taiwan's semiconductor maker Mosel Vitelic Inc. and local Industrial Technology Research Institute (ITRI) recently set up a joint venture to...

Taiwan's Glass Product Makers Form Taskforce to Explore World Market.
November 10, 2006... (From Taiwan Economic News) Taipei, Nov. 10, 2006 (CENS)--Manufacturers of glass & metal products located in Changhua Coastal Industrial Park have recently formed an external trading taskforce to jointly promote their brand glass...

Uni-President Buys Into Tait.
November 8, 2006... (From Taiwan Economic News) Taipei, Nov. 8, 2006 (CENS)--The board of directors of Uni-President Enterprises revolved yesterday (Nov. 7) to buy up 32,200,000 shares of Tait Co., for a 19.5% stake in the latter, aiming to form a strategic...

Taiwan to Join Global Trade Security System in Five Years.
November 8, 2006... (From Taiwan Economic News) Taipei, Nov. 8, 2006 (CENS)--Taiwanese exporters will undergo rigorous customs inspection of their goods, unless they obtain the security certification for their goods, dubbed AEO (Authorized Economic...

Tong-Tai, Far East Debut Innovative Machines to Take On Victor Taichung.
November 8, 2006... (From Taiwan Economic News) Taipei, Nov. 8, 2006 (CENS)--Tong-Tai Machine & Tool Co. and Far East Machinery Co. (FEMCO) recently unveiled new-generation types of automated vertical-wheel processing machines to compete against Victor...

ARTC Wins AALA's Authorization for Automotive-electronic Accreditation.
November 8, 2006... (From Taiwan Economic News) Taipei, Nov. 8, 2006 (CENS)--Taiwan's Automotive Research & Testing Center (ARTC) recently announced that it has been approved by AALA (American Association for Laboratory Accreditation) to certify...

Taiwan's Business, Industry Groups Urge Signing FTA With U.STaipei, Nov. 8, 2006 (CENS)--Representatives of Taiwan's seven leading industrial and commercial associations called for the government to sign free trade agreement (FTA) with the United State.
November 8, 2006... (From Taiwan Economic News) Among the representatives were Chen Wu-hsiung, chairman of Chinese National Federation of Industries; Gary Wang, chairman of General Chamber of Commerce of ROC; Hsu Sheng-hsiung, chairman of Taiwan Electrical...

Chailease to List Shares in Singapore via Overseas Holding Firm.
November 7, 2006... (From Taiwan Economic News) Taipei, Nov. 7, 2006 (CENS)--Chailease Finance Co., Ltd., a leading Taiwanese leasing firm, applied with the Investment Commission, the Ministry of Economic Affairs, one week ago for listing its shares on the...

Chi Mei Group Makes Tree Village Park Paradigm in LCD TV Zone.
November 7, 2006... (From Taiwan Economic News) Taipei, Nov. 7, 2006 (CENS)--With considerable effort by the Chi Mei Group, the world's first LCD TV industrial park, dubbed Tree Village Park, in the Southern Taiwan Science Park (STSP) has become a...