Bone fragments found
Malaysian authorities yesterday found bone fragments from two bodies on board a stricken Taiwanese oil tanker that was involved in a collision in the Malacca Strait earlier this week. The MT Formosaproduct Brick (立善輪) caught fire and was seriously damaged on Tuesday after a collision with a Greek-managed bulk carrier in the narrow shipping lane. Nine crew members remain unaccounted for. Malaysian Maritime Enforcement Agency Director First Admiral Tan Kok Kwee said although search and rescue efforts were still ongoing for the missing crew members, authorities were not holding out much hope.
Firm builds a thinner fan
A Kaohsiung-based company has earned a silver award at the 2009 National Invention and Creation contest for developing the world’s thinnest fan to cool down electronic gadgets. The fan, with a thickness of only 3mm, is nearly half as thick as the 5mm regular mini fans, and is one 1mm thinner than the thinnest fan of 4mm produced by a Japanese company. Founded in 1980, Sunon Group (建準電機) has patented its invention, which can be installed in small spaces in electronic products and propel strong air currents through its blades.
Twelve million jobs needed
China can create 12 million jobs this year, about half the number needed should the economy hit an 8 percent growth target, a government official said in an online statement on Friday. The shortfall of 12 million jobs will be larger than last year, according to Yin Weimin (尹蔚民), minister of Human Resources and Social Security. He didn’t provide a comparative number. New university graduates, workers from the countryside and low-income city residents have the biggest difficulty in landing jobs, Yin said. Opportunities at export-oriented companies have plunged because of the international financial crisis, he said.
Honda to sell electric cars
Japan’s Honda Motor Co plans to sell electric vehicles in the US early next decade to meet growing demand there for environmentally friendly cars, a newspaper reported yesterday. Honda, which has so far focused on hybrid vehicles, is now developing at least one prototype of an electric vehicle to be unveiled at the Tokyo Motor Show in October, the Nikkei Shimbun business daily said. The move comes after its domestic rivals — Toyota Motor Corp and Nissan Motor Co — announced similar plans.
VW assembly bid hits hurdle
Negotiations to assemble Volkswagen cars in Malaysia have ground to a halt, the Edge newspaper reported, citing unidentified sources. Discussions between Germany-based Volkswagen AG and DRB-Hicom Bhd, a Malaysian auto and construction group, ran into difficulty about three weeks ago following interference from certain unnamed government-linked bodies, the newspaper quoted unidentified officials as saying.
Facebook supports tweets
Facebook on Friday said it is letting celebrities, businesses and others with public pages at the social-networking hotspot instantly turn status updates into tweets at Twitter. In coming days, Facebook will release software enabling managers of public pages to route updates automatically to the micro-blogging service.
END TO SPECULATION: The hotel’s management contract has been extended, despite reports that it wanted to end its alliance with Hyatt Hotels over a deal with Riant Capital Singapore-based Hong Leong Hotel Development Ltd (豐隆大飯店股份) yesterday said it has extended a management contract to ensure the continued presence of the Grand Hyatt brand in Taipei, ending rumors that the two sides were parting ways. “We are pleased Hyatt is able to come to terms on the extension of the management contract of Grand Hyatt Taipei,” said Kwek Leng Beng (郭令明), executive chairman of City Developments Ltd (城市發展) and Millennium & Copthorne Hotels Ltd (千禧國敦酒店). Hong Leong Hotel Development is a subsidiary of Millennium, and both fall under the Hong Leong Group (豐隆集團). The Grand Hyatt Taipei (台北君悅大飯店), owned and built by
’WHITE BOX’: The open platform would give local firms access to Cisco’s cloud-based mobile network to develop 5G telecom equipment and tap into the global market The Ministry of Economic Affairs (MOEA) yesterday introduced a new 5G “open lab” in collaboration with US-based information technology and networking giant Cisco Systems Inc to address the rapidly growing “white box” 5G networking equipment market. The open lab will be a platform where Taiwanese manufacturers can access Cisco’s cloud-based mobile network to develop their own 5G telecom equipment, such as small-cell base stations, network switches, modems and Internet of things (IoT) devices, a ministry statement said. The open platform would allow Taiwanese manufacturers to tap into the lucrative 5G telecom equipment market, which was previously monopolized by Nokia Oyj, Ericsson AB
Nintendo Co is raising its target for Switch production to about 25 million units this fiscal year, people familiar with the matter said, as the ongoing COVID-19 pandemic keeps lifting demand and component shortages ease. The Kyoto, Japan-based company, which in April hiked orders to 22 million units by March next year, is asking partners to tack on another few million units, said the people, who did not want to be identified discussing internal goals. Assembly partners plan to work at maximum capacity through December. The new production target suggests that Nintendo is likely to outperform its Switch sales forecast of 19 million
NERVOUS MARKET: With the infection sources still unknown for three COVID-19 cases that had departed Taiwan, investors have become uneasy, an analyst said Local shares yesterday came under heavy downward pressure, falling more than 1 percent as renewed fears over a possible increase in domestic COVID-19 infections hit market sentiment after the nation last week reported a case related to a Belgian national. Selling focused on the bellwether electronics sector, led by contract chipmaker Taiwan Semiconductor Manufacturing Co (TSMC, 台積電), which pushed down the broader market as investors ignored gains posted by tech heavyweights on the US market at the end of last week, dealers said. The TAIEX closed down 151.77 points, or 1.2 percent, at 12,513.03, on turnover of NT$231.43 billion (US$7.84 billion). Foreign