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  • Two-wheeled glory

    79-year-old bike company founder cycles around Taiwan

    TAIPEI -- King Liu, the 79-year-old chairman and founder of Giant Manufacturing, the world's largest bicycle maker, has finished a tour of Taiwan by bicycle, according to reports by local media. This was the second time for Liu to accomplish the

    May 19, 2014 07:00 am JST
  • Vietnamese fed up with a lot more than China's oil rig

    TAIPEI -- An influx of Chinese workers into Vietnam has helped to fan the country's anti-China protests. Public anger boiled over last week at news of China deploying an oil rig in disputed South China Sea waters -- and protecting it with numero

    May 17, 2014 10:28 pm JST
  • Asia-Pacific trade ministers meet in China amid tensions at sea

    QINGDAO, China (Kyodo) -- Asia-Pacific trade ministers gathered Saturday for a two-day meeting in the eastern Chinese port city of Qingdao to identify priorities for cooperation in the region that accounts for over half of the world's growth, a

    May 17, 2014 04:03 pm JST
  • Foxconn to supend Vietnam operations as Sino-Vietnam tensions escalate

    TAIPEI -- Apple's key assembler Foxconn Technology Group of Taiwan said on Friday it will suspend operations at its Vietnam facilities for three days starting from Saturday to "ensure the safety of its workers." The action followed a surge of anti-C

    May 16, 2014 10:29 pm JST
  • Vietnam in knots as anti-China protests morph into riots

    HANOI -- The government is struggling to deal with protests over oil-drilling in disputed waters by China that have turned violent, killing and injuring Chinese nationals. A demonstration started Monday evening at an industrial park in Binh Duon

    May 16, 2014 04:19 am JST
  • China's Xiaomi to debut iPad-like tablet

    BEIJING -- Chinese smartphone maker Xiaomi unveiled a tablet Thursday that it plans to release later this year at a price point some 60% below the similarly sized Apple iPad mini. Dubbed the Xiaomi Mi Pad, the 7.9-inch tablet is an Android machi

    May 16, 2014 02:25 am JST
  • Vietnamese uproar forcing Taiwan's hand on sovereignty

    TAIPEI -- Taiwan's Ministry of Foreign Affairs is demanding compensation from the Vietnamese government for 30 Taiwanese-owned plants that were set ablaze in the Southeast Asian nation earlier this week. Vietnamese have been in an uproar over Ch

    May 15, 2014 07:40 pm JST
  • Hon Hai profit rises on China demand, operational efficiency

    TAIPEI -- Apple's key assembler Hon Hai Precision Industry, the flagship company of Foxconn Technology Group, reported strong first quarter profit on improvement in its operational efficiency and robust demand for iPhones in China. Hon Hai's net

    May 15, 2014 01:49 pm JST
  • Anti-China mob raids Formosa Plastics campus in Vietnam

    TAIPEI -- Formosa Plastics Group said Wednesday its manufacturing facilities in southeastern Vietnam have been looted by anti-China protesters. The incident occurred amid a flare-up in maritime tensions between the countries. Group executive Hon

    May 14, 2014 07:30 pm JST
  • Display maker TPV sinks deeper into red

    TAIPEI -- Global display supplier TPV Technology saw its losses expand in the first quarter ended in March, due to feeble demand in China and Europe. The Hong Kong- and Singapore-listed company said Tuesday its consolidated net loss hit $50.4 mi

    May 14, 2014 05:00 pm JST
  • Fast Retailing's GU to open first Taiwanese shops

    TOKYO -- Fast Retailing unit GU has announced plans to move into Taiwan with two stores in Taipei this autumn. The clothing retailer will open a 1,320-sq.-meter location in a fashion building and 660-sq.-meter shop inside a department store.

    May 14, 2014 02:10 am JST
  • Quanta's Q1 net profit up, PC shipments to stay flat in 2014

    TAIPEI -- Taiwan's Quanta Computer, one of the world's largest contract notebook manufacturers, said Tuesday its first-quarter net profit rose on the year while its PC shipments for all of 2014 are expected to stay the same as last year. Company

    May 13, 2014 08:20 pm JST
  • Japan's Keio University plans all-English courses

    TOKYO -- Japan's Keio University will in fall 2016 enable students in the economics department to take all classes in English. Students will be able to take a wide range of business-related courses, and serve internships at numerous companies an

    May 10, 2014 07:00 am JST
  • Taiwan's Compal logs higher 1Q revenue, profit, but cautious about outlook

    TAIPEI -- Taiwanese PC manufacturer Compal Electronics said Thursday it logged year-on-year gains in revenue and profit in the first quarter but remains cautious about the coming months due to cost concerns. Compal posted a group net profit of N

    May 9, 2014 01:22 pm JST
  • Acer returns to profit in Q1, to focus on cloud sector

    TAIPEI -- Taiwan PC maker Acer posted a slim profit for the first quarter of 2014, putting an end to three consecutive quarterly losses on improved inventory and cost control. The company now eyes cloud computing as a way to drive its growth, althou

    May 9, 2014 11:30 am JST
  • Q&A: Wealth of resources underlies South China Sea disputes

    TOKYO -- The maritime tensions between China and Vietnam should come as no surprise, given the abundance of oil and other offshore resources for the taking.Q: Why are China and Vietnam at odds in the South China Sea?A: Their dispute is about soverei

    May 9, 2014 05:20 am JST
  • Japan machine tool maker to rebuild with help of Taiwanese peer

    TOKYO -- Machine tool manufacturer Ikegai will expand sales by working with Taiwan's Fair Friend Enterprise Group, which will take over the bulk of the stake held by a Chinese heavy machinery maker. Ikegai, Japan's first lathe producer, filed fo

    May 9, 2014 12:14 am JST
  • Asustek revenue, profits slide as it hopes for second quarter tablet growth

    TAIPEI -- Asustek said it is confident that second quarter tablet shipments will grow to boost the company's performance despite first quarter drops in sales and profits compared to the same period last year. The Taiwan tech company reported a

    May 8, 2014 03:00 pm JST
  • Taiwan businesses slammed by losses on yuan derivatives

    TAIPEI -- The continuing depreciation of the yuan against the U.S. dollar has led several Taiwanese companies to suffer significant paper losses on Chinese currency derivatives. Authorities, meanwhile, are scrambling to penalize banks that sell rela

    May 8, 2014 11:00 am JST
  • Mitsui Fudosan to bring Japanese-style outlet malls to Asia

    TOKYO -- Mitsui Fudosan has broken ground on a massive outlet mall at Kuala Lumpur International Airport and will open a Taiwanese site sooner than planned, all under efforts to expand the business in Asia. By introducing Japanese-style neatnes

    May 8, 2014 04:01 am JST