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  • Taiwan stock index hit by gas blast fallout

    TAIPEI -- Taiwan Stock Exchange's Capitalization Weighted Stock Index (TAIEX) fell 2% on Tuesday to close at 9141.44. The fall in the benchmark index reflected concerns that a listed company, LCY Chemical, will be implicated in a series of devas

    August 5, 2014 11:30 pm JST
  • Taiwan's entry pushed down laptop, TV prices in the past

    TAIPEI -- The entrance of Taiwanese manufacturers has often led to sliding prices for many electronics, such as laptop computers and televisions, as the companies take full advantage of cheap Chinese labor and develop sophisticated parts at low cost

    August 5, 2014 05:47 am JST
  • Taiwan tech facilitating flood of cheap Chinese smartphones

    TAIPEI -- China's Xiaomi has overtaken Sony in smartphone market share for the first time, reflecting the rising popularity of cheaper Chinese models made possible through a collaboration with Taiwanese companies. Xiaomi ranked sixth in the Apri

    August 5, 2014 05:26 am JST
  • LCY Chemical under investigation again after gas blast

    TAIPEI -- Taiwanese prosecutors investigating the cause of a man-made catastrophe that killed at least 28 and injured another 305 in Kaohsiung, Taiwan's second most populous city, believe it was caused by a faulty gas pipeline which could have been

    August 5, 2014 12:15 am JST
  • China gaining on Japan in Asia University rankings

    TOKYO -- Japan had the most universities in the top 100 institutions listed in the Asia University Rankings 2014, compiled by the U.K's Times Higher Education magazine in June. But other countries are nipping at its heels. Japan had 20 universi

    August 2, 2014 10:30 pm JST
  • MediaTek predicts strong second half despite squeeze

    TAIPEI -- MediaTek, one of Taiwan's leading 'fabless' chipmakers, is forecasting strong growth for the third quarter based on robust demand from China where the mobile market is starting to absorb the latest 4G LTE technology. Taiwan's so-called f

    July 31, 2014 11:13 pm JST
  • HTC back in black but says 3Q revenue likely to slide

    TAIPEI -- Struggling Taiwanese smartphone maker HTC said Thursday its sales for the July-September period may drop again from a year earlier but that it should be able to stay profitable. The company's statement comes as both Apple and Samsung Elect

    July 31, 2014 07:50 pm JST
  • Taiwan's growth hits 3.84% as exports, capital spending gather steam

    TAIPEI -- Taiwan's economy expanded at its fastest pace in six quarters in the three months through June. The pickup is attributable to not only growth in electronics exports but also rising public- and private-sector capital investment and brisk co

    July 31, 2014 02:09 pm JST
  • Taiwanese panel maker AU Optronics' profit up 3% for April-June

    TAIPEI -- Leading Taiwanese flat-panel maker AU Optronics booked an April-June net profit of 4 billion New Taiwan dollars ($132 million), up 3% on the year, through increased shipments of profitable smaller screens. Sales fell 9% to NT$102 billi

    July 31, 2014 04:57 am JST
  • Chinese yuan coming up in the world

    HONG KONG -- Companies the world over are increasingly using China's currency to make settlements for trade and investment as they seek to hedge risk and do more business with the massive Chinese market. Yuan-denominated settlements as a proport

    July 31, 2014 12:00 am JST
  • Expansion-minded TransAsia reels from crash

    TAIPEI -- A crash that killed 48 has left Taiwan's TransAsia Airways with uncertain prospects for following through on plans to explore new routes and tap into the budget carrier market. The accident on July 23 came just as Taiwan's third-larges

    July 31, 2014 12:00 am JST
  • Taiwan's UMC expects profits to flatten after surge

    TAIPEI -- Taiwanese semiconductor manufacturer United Microelectronics Corp. (UMC) reported on Wednesday a large jump in second quarter profits but expects a more moderate third quarter. UMC posted a net profit of 3.48 billion New Taiwan dollars

    July 30, 2014 11:40 pm JST
  • Pro-democracy Chinese monk still missing after arrest

    TAIPEI -- A disciple of outspoken pro-democracy Chinese monk Master Sheng Guang said Wednesday that the Buddhist master has been out of reach since he was taken away by mainland Chinese police in mid-May. The statement by Chinese Buddhist nun Gu

    July 30, 2014 07:00 pm JST
  • Inotera has happy second quarter memories

    TAIPEI -- Inotera Memories, Taiwan's leading manufacturer of dynamic random-access memory (DRAM), a key operating component in all types of computer, has reported record second quarter revenue. The company cautioned, however, that DRAM shipments

    July 29, 2014 10:00 pm JST
  • Taiwan tentatively rejects China activist's entry request

    TAIPEI -- Taiwanese immigration officials on Tuesday turned down a request by Tiananmen protest leader Wang Dan, now an academic at a Taiwanese university who is on summer leave in Los Angeles, to return to the island to seek medical treatment on th

    July 29, 2014 05:58 pm JST
  • Taiwan's IT sector enjoys healthy expansion

    TAIPEI -- The information technology sector of the Taiwanese economy keeps growing. Led by the IT sector, Taiwanese companies received orders totaling $220.5 billion in the January-June period, up 5.4% from a year earlier and a record high for the f

    July 29, 2014 01:00 pm JST
  • China pushes to build Singapore-style economy

    China has set out to reform its economic structure by introducing more market principles into corporate management. Beijing's reform blueprint is designed to support growth of private-sector companies while injecting private capital into state-r

    July 28, 2014 07:00 pm JST
  • Bike-share program in Taiwan tops world frequency

    TAIPEI -- A one-way bicycle-sharing system is growing rapidly in Taiwan, changing the scooter-dominated traffic scene on the island. The service is underway in Taipei and YouBike rental stations have popped up around the city. A 30-year-old com

    July 28, 2014 07:00 pm JST
  • Taiwan's bickering parties have a restless population on their hands

    TAIPEI -- The ranks of independent voters are growing in Taiwan amid deepening disillusionment with the two major parties. In a nod to this disenchantment, the main opposition Democratic Progressive Party last month decided to support an indepen

    July 27, 2014 09:00 am JST
  • Taiwanese airline confirms 48 dead in Typhoon Matmo crash

    TAIPEI -- TransAsia Airways has confirmed 48 people dead in a crash last night on an island off Taiwan. Ten more passengers and five people on the ground were injured, and nine of the surviving passengers remain hospitalized. Local television

    July 24, 2014 10:40 pm JST