Sony Communication Network Corp entered the crowded local ADSL market yesterday as part of their strategy to win a piece of Taiwan's rapidly growing demand for high-speed Internet access.
The company -- Sony Network Taiwan Ltd (
Sony began offering Japanese consumers Internet service in 1996 and currently has 1.7 million subscribers there.
In early August, a local think tank, the Market Intelligence Center (
Eyeing those numbers, Sony chose Taiwan as its first overseas market. "Taiwan is a open market for the telecommunications business, and we foresee an ongoing boom in Internet usage here," said Senji Yamamoto (
While So-net Taiwan will serve as an Internet service provider in the beginning, the company aims to become an Internet content provider in the future.
"Entertainment content, such as music, motion pictures and games, are what Sony Group is good at, therefore the synergy of the entire group will back up So-net's content service," Yamamoto said.
According to Yuichi Ejiri (
Ejiri said he hopes to attract 100,000 Internet access subcribers by March of next year, and 100,000 content users as well.
So-net Taiwan currently only provides Internet services in Taipei, Taichung and Kaohsiung, which account for 80 percent of Internet users in Taiwan, he said.
A telecoms pundit, however, said So-net Taiwan chose these regions because of the its ties to KG Telecom.
"Although So-net uses Chung-hwa Telecom Co's (中華電信) ADSL lines for last mile installation, they depend on KG Telecom's [network] backbone for transmission," said Jack Hsu (徐瑞宏), an analyst at the Market Intelligence Center. KG Telecom only has transmission stations in these three regions, he said.
Hsu also expressed doubts about So-net's market share estimates. "So-net's publicity is not as well known as other providers in Taiwan, and 100,000 users would be a major feat for a new market entrant."
According to the center's broadband market forecast, Taiwan Fixed Network Co Ltd (
Popular vape brands such as Geek Bar might get more expensive in the US — if you can find them at all. Shipments of vapes from China to the US ground to a near halt last month from a year ago, official data showed, hit by US President Donald Trump’s tariffs and a crackdown on unauthorized e-cigarettes in the world’s biggest market for smoking alternatives. That includes Geek Bar, a brand of flavored vapes that is not authorized to sell in the US, but which had been widely available due to porous import controls. One retailer, who asked not to be named, because
Real estate agent and property developer JSL Construction & Development Co (愛山林) led the average compensation rankings among companies listed on the Taiwan Stock Exchange (TWSE) last year, while contract chipmaker Taiwan Semiconductor Manufacturing Co (TSMC, 台積電) finished 14th. JSL Construction paid its employees total average compensation of NT$4.78 million (US$159,701), down 13.5 percent from a year earlier, but still ahead of the most profitable listed tech giants, including TSMC, TWSE data showed. Last year, the average compensation (which includes salary, overtime, bonuses and allowances) paid by TSMC rose 21.6 percent to reach about NT$3.33 million, lifting its ranking by 10 notches
CHIP DUTIES: TSMC said it voiced its concerns to Washington about tariffs, telling the US commerce department that it wants ‘fair treatment’ to protect its competitiveness Taiwan Semiconductor Manufacturing Co (TSMC, 台積電) yesterday reiterated robust business prospects for this year as strong artificial intelligence (AI) chip demand from Nvidia Corp and other customers would absorb the impacts of US tariffs. “The impact of tariffs would be indirect, as the custom tax is the importers’ responsibility, not the exporters,” TSMC chairman and chief executive officer C.C. Wei (魏哲家) said at the chipmaker’s annual shareholders’ meeting in Hsinchu City. TSMC’s business could be affected if people become reluctant to buy electronics due to inflated prices, Wei said. In addition, the chipmaker has voiced its concern to the US Department of Commerce
STILL LOADED: Last year’s richest person, Quanta Computer Inc chairman Barry Lam, dropped to second place despite an 8 percent increase in his wealth to US$12.6 billion Staff writer, with CNA Daniel Tsai (蔡明忠) and Richard Tsai (蔡明興), the brothers who run Fubon Group (富邦集團), topped the Forbes list of Taiwan’s 50 richest people this year, released on Wednesday in New York. The magazine said that a stronger New Taiwan dollar pushed the combined wealth of Taiwan’s 50 richest people up 13 percent, from US$174 billion to US$197 billion, with 36 of the people on the list seeing their wealth increase. That came as Taiwan’s economy grew 4.6 percent last year, its fastest pace in three years, driven by the strong performance of the semiconductor industry, the magazine said. The Tsai