Quanta Display in merger talks
Quanta Display Inc (廣輝電子), a flat-panel venture controlled by Sharp Corp and Quanta Computer Inc (廣達電腦), is in merger talks with rivals, a local newspaper said, citing Quanta chairman Barry Lam (林百里). Lam's comment comes after Chi Mei Optoelectronics Corp (奇美光電) chairman Hsu Wen-long (許文龍) last weekend said Chi Mei is in merger talks with rivals, the report said.
Banks to charge service fees
Starting Feb. 1, state-owned banks, including Bank of Taiwan (台銀), First Commercial Bank (一銀), Chang Hwa Bank (彰銀) and Hua Nan Commercial Bank (華銀) will charge over-the-counter fees for financial services including the issuance of blank checks. Bank clients will pay NT$5 to NT$10 to receive a blank check, NT$100 to change their account identification imprints and NT$100 to re-issue new saving account books, while a stop-check request will cost NT$100 per transaction.
Bally Total Fitness eyes Taiwan
Bally Total Fitness Holding Corp, said it will open new health clubs in Taiwan, Thailand, Singapore, Malaysia and the Philippines to expand its franchise. The first club in Taiwan will open as soon as June the company said.
NT dollar dips versus greenback
The New Taiwan dollar yesterday traded lower against its US counterpart, declining NT$0.018 to close at NT$34.485 on the Taipei foreign exchange market. Turnover was US$377.5, compared with last Friday's US$623 million.
purpose: Tesla’s CEO sought to meet senior Chinese officials to discuss the rollout of its ‘full self-driving’ software in China and approval to transfer data they had collected Tesla Inc CEO Elon Musk arrived in Beijing yesterday on an unannounced visit, where he is expected to meet senior officials to discuss the rollout of "full self-driving" (FSD) software and permission to transfer data overseas, according to a person with knowledge of the matter. Chinese state media reported that he met Premier Li Qiang (李強) in Beijing, during which Li told Musk that Tesla's development in China could be regarded as a successful example of US-China economic and trade cooperation. Musk confirmed his meeting with the premier yesterday with a post on social media platform X. "Honored to meet with Premier Li
ARTIFICIAL INTELLIGENCE: The chipmaker last month raised its capital spending by 28 percent for this year to NT$32 billion from a previous estimate of NT$25 billion Contract chipmaker Powerchip Semiconductor Manufacturing Corp (力積電子) yesterday launched a new 12-inch fab, tapping into advanced chip-on-wafer-on-substrate (CoWoS) packaging technology to support rising demand for artificial intelligence (AI) devices. Powerchip is to offer interposers, one of three parts in CoWoS packaging technology, with shipments scheduled for the second half of this year, Powerchip chairman Frank Huang (黃崇仁) told reporters on the sidelines of a fab inauguration ceremony in the Tongluo Science Park (銅鑼科學園區) in Miaoli County yesterday. “We are working with customers to supply CoWoS-related business, utilizing part of this new fab’s capacity,” Huang said, adding that Powerchip intended to bridge
Dutch brewing company Heineken NV on Friday announced an investment of NT$13.5 billion (US$414.62 million) over the next five years in Taiwan. The first multinational brewing company to operate in Taiwan, Heineken made the statement at a ceremony held at its brewery in Pingtung County. It also outlined its efforts to make the brewery “net zero” by 2030. Heineken has been in the Taiwanese market for 20 years, Heineken Taiwan managing director Jeff Wu (吳建甫) said. With strong support from local consumers, the Dutch brewery decided to transition from sales to manufacturing in the country, Wu said. Heineken assumed majority ownership and management rights
Microsoft Corp yesterday said that it would create Thailand’s first data center region to boost cloud and artificial intelligence (AI) infrastructure, promising AI training to more than 100,000 people to develop tech. Bangkok is a key economic player in Southeast Asia, but it has lagged behind Indonesia and Singapore when it comes to the tech industry. Thailand has an “incredible opportunity to build a digital-first, AI-powered future,” Microsoft chairman and chief executive officer Satya Nadella said at an event in Bangkok. Data center regions are physical locations that store computing infrastructure, allowing secure and reliable access to cloud platforms. The global embrace of AI