Fri, Feb 10, 2006 - Page 11 News List

Business Briefs

STAFF WRITER WITH AGENCIES

■ Acer trumps Toshiba

Acer Inc unseated Toshiba Corp as the world's third-largest supplier of notebook computers by shipment in the fourth quarter, Acer said in a statement yesterday, citing market researcher Gartner Inc. The Taiwanese company's overall share of the global notebook market was 12.2 percent, outstripping Toshiba's 10.5 percent in the October-December period, according to the statement.

■ Yulon Group aims high

Yulon Motor Co (裕隆汽車), Yulon Nissan Motor Co (裕隆日產) and Yulon GM Motors Co (裕隆通用) -- the three affiliates of Yulon Group (裕隆集團) -- vowed to achieve NT$100 billion (US$3.08 billion) in revenues this year, company officials said yesterday. The figure will be a boom from NT$90.74 billion last year, Yulon Motor president Chen Kuo-rong (陳國榮) told a media gathering yesterday. They intend to sell 75,000 units of vehicles by the end of the year from 67,206 last year.

■ Chang Hwa Bank fined

Chang Hwa Commercial Bank (彰化銀行), Taiwan's seventh-largest by assets, was fined NT$10 million (US$308,480) after a worker stole a customer's assets managed by the lender, the Financial Supervisory Commission said yesterday. Chang Hwa ``lacked proper internal control and audit, as well as procedures in safekeeping of security codes,'' the regulator said in a statement on its Web site. That allowed a worker to falsify account information and steal NT$89.1 million from a customer's account.

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