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  • Foxconn Q2 earnings hit by Nokia and Snapdeal losses

    TAIPEI -- Key iPhone assembler Hon Hai Precision Industry, commonly known as Foxconn Technology Group, on Friday reported lackluster results for the second quarter as a subsidiary incurred substantial losses from investments in Nokia's feature phone

    August 12, 2017 01:21 am JST
  • Sharp sticking to LCD guns amid global shift to OLEDs

    OSAKA -- While others are pouring resources into organic light-emitting diode displays, Sharp is doubling down on good old liquid crystal displays.But the Japan-based electronics maker, which has recovered under Taiwanese parent Foxconn, says that d

    August 11, 2017 03:25 am JST
  • Taiwan's Pegatron sees rosy second half on new iPhones

    TAIPEI -- iPhone assembler Pegatron on Thursday said it expects a robust second half on strong demand for upcoming iPhones and consumer electronics products including game consoles."The third quarter will grow as we are entering the peak season for

    August 10, 2017 11:01 pm JST
  • K-pop purveyors build bands with multinational flair

    TOKYO If you turned on a TV in Japan seven years ago, there was a good chance you would see a South Korean pop act gyrating away. The odds of that are lower today.Chalk it up to changing tastes, new entertainment options or politics, but there is a

    August 10, 2017 10:00 am JST
  • Nanya Technology chief: Chinese chip rivals no threat -- yet

    NEW TAIPEI CITY, Taiwan For Taiwanese memory chip maker Nanya Technology, China's ambition to build up a competitive semiconductor sector is a threat to the balance of the industry, but it will take three to five years to affect the business, accord

    August 10, 2017 10:00 am JST
  • Bibliophile Robert Wu leaves behind a beacon for readers of Chinese

    TAIPEI The Eslite Bookstore on Dunhua South Road in downtown Taipei, open 24 hours a day, has long been considered an essential destination for Chinese-speaking bibliophiles. Its founder, Robert Wu, made Eslite synonymous with good taste while retai

    August 10, 2017 10:00 am JST
  • Smartphone camera maker Q Tech upbeat about second half

    HONG KONG -- Chinese smartphone camera module and fingerprint sensor maker Q Technology on Wednesday struck an upbeat note about its sales in the second half of this year, partly thanks to its expanding reach in the domestic market.Q Technology supp

    August 9, 2017 10:11 pm JST
  • iPhone supplier Japan Display to take $1.5bn charge in reform push

    TOKYO -- iPhone supplier Japan Display will take 170 billion yen ($1.5 billion) in special charges for the current fiscal year through March, as part of a sweeping move to restructure its loss-making liquid crystal display operations, the company an

    August 9, 2017 08:25 pm JST
  • China's SMIC cuts sales target, shares plunge 10.3%

    TAIPEI -- Semiconductor Manufacturing International Co. on Wednesday slashed its revenue growth target for 2017 and forecast a softer-than-expected third quarter due to intense competition for fingerprint chips amid sluggish demand for domestic smar

    August 9, 2017 06:44 pm JST
  • Uni-President China shares spike 14% despite dip in revenue, profit

    HONG KONG -- Uni-President China Holdings, the mainland Chinese unit of Taiwanese food and beverage conglomerate Uni-President Enterprises, saw its share price spike up over 14% to reach a new year high during the morning trading session in Hong Kon

    August 9, 2017 02:45 pm JST
  • Sharp to help IoT ventures in mass production

    OSAKA -- Sharp is launching a matchmaking business to pair "internet of things" startups with manufacturers willing to share underutilized manufacturing equipment.The Japan-based electronics company, now majority-owned by Taiwan's Hon Hai Precision

    August 9, 2017 05:25 am JST
  • Taiwan's Nike supplier hints at Amazon apparel deal

    TAIPEI -- Taiwan's leading apparel maker Eclat Textile, a key supplier to Nike, Under Armour and Lululemon, said on Tuesday it wants to drive growth by focusing on e-commerce platforms in the next three to five years."We will start to ship to a new

    August 9, 2017 12:33 am JST
  • LNG reaches 5-month high in Asia on strong electricity demand

    TOKYO -- The spot price of liquefied natural gas used in power generation has been rising in Asia as a hot summer fuels demand for air conditioning.The price now hovers around $5.90 per million British thermal units, up around 8% from a month earlie

    August 8, 2017 11:59 pm JST
  • Foxconn considers Michigan for further US investments

    TAIPEI -- Key iPhone assembler Hon Hai Precision Industry, also known as Foxconn Technology Group, is considering the Midwestern state of Michigan as a location for further U.S. investments, after state Gov. Rick Snyder visited the company's facilit

    August 7, 2017 10:12 pm JST
  • Chemicals sector grows fastest in July's Asia PMI

    TOKYO -- The Nikkei Asia Sector Purchasing Managers' Index, or PMI, for July showed output growth in 15 of the 19 sectors monitored.Chemicals (54.7) marked the sharpest growth, followed by healthcare services (54.0) and beverages and food (53.8).On

    August 7, 2017 09:30 am JST
  • Executive at Apple supplier ASE indicted on insider trading

    TAIPEI -- A top executive of key Apple supplier Advanced Semiconductor Engineering, also the world's largest chip assembler by revenue and market share, has been indicted on charges of insider trading, a Taiwanese prosecutor said on Friday.A spokesm

    August 5, 2017 01:36 am JST
  • Nicholas Spiro

    Asian tech stocks give new resilience to emerging markets

    In one of the most salient developments in emerging markets over the past several years, the information technology sector has emerged to represent the largest slice of the benchmark MSCI Emerging Markets Index.The sector, which accounted for just o

    August 4, 2017 05:21 pm JST
  • Apple supplier TPK sees rosy quarter on good iPhone demand

    TAIPEI -- Taiwan's TPK Holding, a key Apple touch module supplier, on Wednesday said it expects strong demand for iPhones to boost the current quarter.Chief Financial Officer Freddie Liu said the company has started to manufacture touch module compo

    August 3, 2017 11:12 pm JST
  • Nikkei Asia300 index falls as South Korean stocks drop on tax proposals

    HONG KONG (Nikkei Markets) -- Asian stocks outside of Japan declined Thursday, led by South Korean shares following a proposed increase in taxes on large corporations.The Nikkei Asia 300 index lost 0.6% at 1,292.47.Nikkei's index for South Korea fel

    August 3, 2017 09:01 pm JST
  • Strong Tesla sales lift Taiwanese supplier's shares

    HONG KONG -- Taiwanese auto component maker Hota Industrial Manufacturing got a lift on the Taiwan Stock Exchange on Thursday from an upbeat second-quarter sales figure from U.S. electric vehicle maker Tesla.The stock briefly rose to a high of 144.0

    August 3, 2017 05:09 pm JST