■ ELECTRONICS
Apple rolls out new models
Apple on Tuesday rolled out new iPhone and iPod Touch models with beefed-up memory and bumped-up prices. A premium iPhone with 16 gigabytes of memory and a US$499 price tag is now the top of that line, ahead of a model with half the memory and a price of US$399. An iPod Touch with 32 gigabytes of memory costs US$499, relegating the US$399 16-gigabyte model to second position. Apple sells an eight-gigabyte iPod Touch for US$299. IPod Touch models are essentially iPhones without the mobile telephone capabilities.
■ INTERNET
Google offers new filters
Google on Tuesday began marketing new online tools for protecting e-mail from spam and other problems as it continued to challenge Microsoft. Google unveiled e-mail security services built with technology from Postini, a start-up that the Internet titan bought last year for US$625 million. The software protects, filters, encrypts and archives e-mail, and is compatible with Microsoft Exchange, Lotus Notes and Novell Groupwise. Google said subscription pricing for e-mail security starts at US$3 a year to "accommodate the budget of any business." Premium services that include virus protection and saving messages is priced at US$25 annually.
■ AVIATION
TAL parts for Boeing
Boeing Co, which is at least eight months behind schedule on delivering the 787 Dreamliner commercial jet, said it will partner with a unit of India's Tata group to build components for the aircraft. Boeing signed an agreement to partner with TAL Manufacturing Solutions Ltd to make floor beams for the 787, Boeing said today.
■ AEROSPACE
Bigelow looks to military
An aerospace company is negotiating to use a military rocket to ferry hardware, crew and cargo to a planned commercial space station, privately held Bigelow Aerospace said on Tuesday. Bigelow plans to build and operate an expandable commercial orbital outpost in late 2011 but needs the use of a reusable launch vehicle. The deal, if approved, would include six initial launches of an Atlas V rocket, said Mike Gold, Bigelow's corporate counsel. The rocket is made by United Launch Alliance, a joint venture of Lockheed Martin Corp and Boeing Co.
■ BEVERAGES
Coke buys into Honest Tea
The Coca-Cola Co said on Tuesday that it bought a 40 percent stake in organic tea maker Honest Tea, adding to its offerings of non-cola beverages. The 40 percent stake cost roughly US$43 million, which puts the total value of Honest Tea at about US$110 million. Coca-Cola can add Honest Tea to a non-cola drinks portfolio that includes Glaceau's VitaminWater, which it purchased for US$4.1 billion in June.
■ EARNINGS
Hon Hai eyes 30% boost
Hon Hai Group (鴻海集團) is estimated to boost its annual sales by 30 percent this year to NT$2.6 trillion (US$81.3 billion), despite concerns of a global economic slowdown and the US subprime crisis, the Chinese-language Commercial Times quoted group chairman Terry Gou (郭台銘) as saying. Gou expected Web networking, optoelectronics and wireless communications subsidiaries to grow the fastest this year, regardless of the US economic fallout, the newspaper reported. But Gou warned people not to overlook the potential impact from the US downturn, saying that growth in emerging markets like China and India would not be able to replace the loss in the US market, the paper said.
■ SOFTWARE
India delivers for SAP
SAP, the world's biggest business management software maker, said yesterday that India is now its fastest growing market as competition forces firms to use technology to cut costs. For the first time, India is among the German giant's top 10 markets, passing a "whole bunch of countries," SAP India head Ranjan Das told a news conference. The company's Indian unit had a record-breaking year last year by more than doubling its number of customers to 3,000 at the end of 2006. Overall revenue grew 68 percent, which was the fastest pace for SAP worldwide, Das said.
■ FOOD
New GM soy on the way
Monsanto Co, the world's biggest seed producer, said Japan, the Philippines and Taiwan approved imports of its first new genetically modified soybeans in more than a decade. Roundup Ready 2 Yield soybean seeds increase yields by 7 percent to 11 percent compared with first-generation Roundup Ready soybean seeds that have been sold since 1996, Monsanto said today. Monsanto plans to sell the seeds for release on as many as 810,000 hectares in the US in 2009 and on 2.43 million hectares in 2010.
■ INTERNET
Music downloads for China
Google Inc, owner of the world's most-used online search engine, has held talks with Universal Music Group to provide song downloads via the Web in China, the world's second-biggest Internet market by users. EMI Group Ltd and Sony BMG Music Entertainment may join Vivendi SA's Universal in offering free digital music downloads, the Wall Street Journal reported today, citing people familiar with the talks. Google would work with Beijing-based Top100.cn, which sells licensed music downloads for 1 yuan (US$0.14) a song to operate the service, the Wall Street Journal reported. The record companies would earn royalties, it said.
■ AUTOMOBILES
Daimler sales up 16%
Automaker Daimler AG said yesterday that sales of its Mercedes-Benz cars helped to increase global sales by 16 percent last month from the same time last year. The maker of Mercedes-Benz, AMG, Maybach and Smart said it sold a record 90,400 cars last month compared with 77,700 in January last year. By brand, the company said it sold 82,300 Mercedes cars last month, up 12 percent from the 73,500 sold a year earlier, led by demand for its C-Class sedan and station wagon models. Demand was strong in the US, where sales rose 7 percent to 18,300 cars. In Asia, Mercedes-Benz sales rose 19 percent to 11,700 cars. In Germany, sales were up 13 percent to 15,500 cars.
WEAKER ACTIVITY: The sharpest deterioration was seen in the electronics and optical components sector, with the production index falling 13.2 points to 44.5 Taiwan’s manufacturing sector last month contracted for a second consecutive month, with the purchasing managers’ index (PMI) slipping to 48, reflecting ongoing caution over trade uncertainties, the Chung-Hua Institution for Economic Research (CIER, 中華經濟研究院) said yesterday. The decline reflects growing caution among companies amid uncertainty surrounding US tariffs, semiconductor duties and automotive import levies, and it is also likely linked to fading front-loading activity, CIER president Lien Hsien-ming (連賢明) said. “Some clients have started shifting orders to Southeast Asian countries where tariff regimes are already clear,” Lien told a news conference. Firms across the supply chain are also lowering stock levels to mitigate
Six Taiwanese companies, including contract chipmaker Taiwan Semiconductor Manufacturing Co (TSMC, 台積電), 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 (鴻海精密), also known as Foxconn Technology Group (富士康科技集團), ranked highest among Taiwanese firms, placing 28th with revenue of US$213.69 billion. Up 60 spots from last year, TSMC rose to No. 126 with US$90.16 billion in revenue, followed by Quanta Computer Inc (廣達) at 348th, Pegatron Corp (和碩) at 461st, CPC Corp, Taiwan (台灣中油) at 494th and Wistron Corp (緯創) at
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,”
ASE Technology Holding Co (ASE, 日月光投控), the world’s biggest chip assembly and testing service provider, yesterday said it would boost equipment capital expenditure by up to 16 percent for this year to cope with strong customer demand for artificial intelligence (AI) applications. Aside from AI, a growing demand for semiconductors used in the automotive and industrial sectors is to drive ASE’s capacity next year, the Kaohsiung-based company said. “We do see the disparity between AI and other general sectors, and that pretty much aligns the scenario in the first half of this year,” ASE chief operating officer Tien Wu (吳田玉) told an