WiMAX license winner Global Mobile Corp (全球一動) said yesterday that it had signed a letter of intent with Japan's Open Wireless Network (OpenWin) to develop technology, digital content, roaming services and other items.
OpenWin, a joint venture between Japan's smallest mobile operator SoftBank Corp and Internet service provider eAcess Ltd, hopes to win a high-speed WiMAX license in Japan in bidding scheduled for the end of this year. Other investors include Internet service provider So-net Entertainment and Temasek Holdings of Singapore.
Global Mobile said it plans to buy a stake in OpenWin after the Japanese firm obtains approval to operate WiMAX service.
"We believe this cooperation will be a new milestone for the local industry to share innovative WiMAX operational and technical insights from OpenWin," Global Mobile chairwoman Rosemary Ho (何薇玲) said in a statement.
Both parties have agreed to work closely on the technical and operational aspects once OpenWin obtains a business license for a 2.5 GHz broadband mobile wireless access system through mobile WiMAX next month. Global Mobile is OpenWin's first partner.
Global Mobile, which obtained a WiMAX license in July, signed the letter of intent with Openwin last week.
Global Mobile has 12 content partners, including media outlet Era Digital Media (
After several years flying high as Asia’s best Nvidia Corp proxy, Taiwan Semiconductor Manufacturing Co (TSMC, 台積電) is increasingly vying with other artificial intelligence (AI) stocks for investor attention. Stock traders are chasing a wider array of beneficiaries as mainstream usage of AI creates demand for hardware beyond the most-advanced chips TSMC makes for Nvidia. Subthemes from the deepening memory crunch to advances in robotics are also luring bids. At the same time, investment caps on single stocks are pushing funds to diversify, while retail investors long familiar with TSMC through its US depositary receipts are being offered a broader set of
TECH RELIANCE: Growth is increasingly reflecting an unequal K-shaped distribution, where technology sectors outperform and other industries struggle, an expert said Standard Chartered Bank has significantly raised its forecast for Taiwan’s economic growth to 9.5 percent this year, up from 7.6 percent previously, citing surging artificial intelligence (AI) demand driving exports, semiconductor production and investment. The upgrade reflects a sustained AI supercycle that continues to fuel demand for advanced chips and technology infrastructure, which form the backbone of Taiwan’s exports, the bank said in a report this week. “We raise our 2026 growth forecast to reflect a much stronger-than-expected first-quarter GDP figure,” Standard Chartered senior economist for greater China and Asia Tommy Wu (胡東安) said in the report. Driven largely by a 35.3 percent
Two of Taiwan’s international carriers, Starlux Airlines Co (星宇航空) and EVA Airways Corp (長榮航空), have retained the five-star airline rating awarded by international airline review organization Skytrax. Starlux was awarded the distinction for a second consecutive year, while EVA Air received it for the 11th straight year, Skytrax said in statements released yesterday and on Thursday last week, respectively. The five-star rating is considered one of the airline industry's highest honors and is awarded following professional audits of airline product and frontline service standards, Skytrax said. The ratings are based on in-depth assessments using unified global quality standards rather than customer review scores
Tokyo Electron's Taiwan unit today said in a written response that it respects the judicial process, takes the court ruling seriously and would not appeal in the Taiwan Semiconductor Manufacturing Co (TSMC, 台積電) trade secrets case. Last month, a court fined the Taiwan unit of Japan's Tokyo Electron NT$150 million (US$4.74 million) in a case involving trade secrets related to TSMC's sensitive chip technology.
RSS