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Companies

Taiwan group uses trade war as sales pitch for Philippine IPO

New Kinpo unit 'benefits from US-China tensions,' plans to raise $128m

Workers make calculators at New Kinpo Group's factory in the Philippine province of Batangas.(Photo by Cliff Venzon)

MANILA -- While many companies are caught in the crossfire of U.S.-China tariff war, Taiwan's New Kinpo Group is using the trade tensions as a sales pitch for its Philippine unit's initial public offering.

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