Hi-Life to join Sunda Post
Hi-Life International Co (萊爾富), the nation's third-largest convenience store chain, yesterday announced an alliance with the private postal firm Sunda Post (上大郵通) to offer 24-hour mail collection services. With no more than 100 units, the mail would only be charged NT$3 each when each unit weighs under 100g, said Hi-Life, which offers such services in its 1,300 outlets nationwide.
The new service would greatly benefit restaurants, clothing stores and hair salons for mailing a large amount of coupons, or insurance and direct selling firms when mailing catalogues and flysheets, it added.
Before the service is available, Sunda Post would have to pick up mail at its customers' places for delivery as only the state-run Taiwan Post Co (臺灣郵政) has mailboxes set up on the streets.
Minicar recall excludes orders
Those who had placed orders for Smart ForTwo minicars need not to worry, as the latest recall did not affect them, the Taiwan branch of German-US automaker DaimlerChrysler said yesterday.
"Pre-order of the cars started in April and we haven't yet brought them to Taiwan's market, except for one test drive unit," a company's public relation source said.
The orders, currently amount to around 20 units, will be delivered only starting from next month, so buyers could be rest assured their cars are not affected by the problem, she said.
Worldwide, DaimlerChrysler will recall 1,650 Smart ForTwo minicars to check for steering problems.
Ministry gives go-ahead
Minister of Economic Affairs Steve Chen (陳瑞隆) yesterday confirmed that the ministry will give the go-ahead to Chinese investment projects from four chip testers and packagers in a regular review this week -- Advanced Semiconductor Engineering Inc (ASE, 日月光半導體), Siliconware Precision Industries Co (SPIL, 矽品精密), Greatek Electronics Inc (超豐) and Walton Advanced Engineering Inc (華東科技).
Chen said government official across the board found their investments would not bring a negative impact on local industry. Besides, those companies promised to invest more in their operation at home, he said.
CEPD approves power plants
The Council for Economic Planning and Development has approved a Ministry of Economic Affairs proposal to build offshore wind power plants, a spokesman said yesterday.
Taiwan theoretically has about 9 million kilowatts of potential wind power in costal areas, but only 1.2 million kilowatts of offshore wind power are exploitable after various restrictions are excluded, the spokesman said.
In order to ensure steady development, the government decided to implement the project in several phases, with the maximum wind power projected for the first phase set at 300,000kw.
IT firms to tour Vietnam
A delegation of Taiwanese computer firms is scheduled to make a five-day visit to Vietnam from July 1 to July 5 to seek new trade opportunities.
According to the Taipei Computer Association (TCA, 台北市電腦公會), the delegation will be headed by TCA board member Wang Chao-chun (王超群), chairman of Taipei-based LEO Systems Inc (國眾). Members of the group include senior executives of more than 10 companies in the information technology sector such as Chunghwa Telecom Co (中華電信), Tatung Co (大同) and Syscom Computer Engineering Co (凌群電腦).
During the delegation's stay in Ho Chih Minh City, it will attend a trade fair and visit IT-related associations and companies.
Six Taiwanese companies, including contract chipmaker Taiwan Semiconductor Manufacturing Co. (TSMC), made the 2025 Fortune Global 500 list of the world’s largest firms by revenue. In a report published by New York-based Fortune magazine on Tuesday, Hon Hai Precision Industry Co. (better known as Foxconn) ranked highest among Taiwanese firms, placing 28th with revenue of US$213.69 billion. Up 60 spots from last year, TSMC rose 60 places to reach No. 126 with US$90.16 billion in revenue, followed by Quanta Computer Inc. at 348th, Pegatron Corp. at 461st, CPC Corp., Taiwan at 494th and Wistron Corp. at 496th. According to Fortune, the world’s
NEW PRODUCTS: MediaTek plans to roll out new products this quarter, including a flagship mobile phone chip and a GB10 chip that it is codeveloping with Nvidia Corp MediaTek Inc (聯發科) yesterday projected that revenue this quarter would dip by 7 to 13 percent to between NT$130.1 billion and NT$140 billion (US$4.38 billion and US$4.71 billion), compared with NT$150.37 billion last quarter, which it attributed to subdued front-loading demand and unfavorable foreign exchange rates. The Hsinchu-based chip designer said that the forecast factored in the negative effects of an estimated 6 percent appreciation of the New Taiwan dollar against the greenback. “As some demand has been pulled into the first half of the year and resulted in a different quarterly pattern, we expect the third quarter revenue to decline sequentially,”
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