Taiwan Semiconductor Manufacturing Co (TSMC, 台積電), Hon Hai Precision Industry Co (鴻海精密) and MediaTek Inc (聯發科) were the three most reputable enterprises in the nation this year, Chinese-language CommonWealth magazine said yesterday.
Formosa Plastics Group (台塑集團), Acer Inc (宏碁), Delta Electronics Inc (台達電子) and Quanta Computer Inc (廣達電腦) were new entries on the magazine’s top 10 list.
Hon Hai rose from last year’s No. 4 spot, while MediaTek dropped from last year’s No. 2 position, CommonWealth said.
HTC Corp (宏達電) was ranked in sixth place, down from No. 3 last year, while Uni-President Enterprises Corp (統一企業) remained in seventh place.
President Chain Store Corp (統一超商) slipped from eighth place to 10th place.
Among 23 sectors the magazine ranked, Quanta replaced Hon Hai as the most reputable company in the PC industry, while Fubon Financial Holding Co (富邦金控) overtook Cathay Financial Holding Co (國泰金控) as the most respected banking and insurance service provider this year.
“Quanta has succeeded in transforming from its earlier role as an ODM [original design manufacturer] to a solution provider in the 3C industry [computer, communications and consumer electronics] like a fast-running turtle this year,” the magazine said in a statement.
The magazine attributed Fubon Financial’s top performance-oriented management team as the brains behind its recent success in weathering the financial downturn.
The magazine also ranked the nation’s top 10 most reputable entrepreneurs, seven of whom have remained on the list for the past 15 years.
The outstanding businesspeople include TSMC chairman Morris Chang (張忠謀), Acer founder Stan Shih (施振榮) and MediaTek chairman Tsai Ming-kai (蔡明介).
Kenneth Yen (嚴凱泰), chairman of Yulon Group (裕隆集團), was the youngest entrepreneur to be named on the top 10 list.
Stephen Garrett, a 27-year-old graduate student, always thought he would study in China, but first the country’s restrictive COVID-19 policies made it nearly impossible and now he has other concerns. The cost is one deterrent, but Garrett is more worried about restrictions on academic freedom and the personal risk of being stranded in China. He is not alone. Only about 700 American students are studying at Chinese universities, down from a peak of nearly 25,000 a decade ago, while there are nearly 300,000 Chinese students at US schools. Some young Americans are discouraged from investing their time in China by what they see
Taiwan Transport and Storage Corp (TTS, 台灣通運倉儲) yesterday unveiled its first electric tractor unit — manufactured by Volvo Trucks — in a ceremony in Taipei, and said the unit would soon be used to transport cement produced by Taiwan Cement Corp (TCC, 台灣水泥). Both TTS and TCC belong to TCC International Holdings Ltd (台泥國際集團). With the electric tractor unit, the Taipei-based cement firm would become the first in Taiwan to use electric vehicles to transport construction materials. TTS chairman Koo Kung-yi (辜公怡), Volvo Trucks vice president of sales and marketing Johan Selven, TCC president Roman Cheng (程耀輝) and Taikoo Motors Group
MAJOR DROP: CEO Tim Cook, who is visiting Hanoi, pledged the firm was committed to Vietnam after its smartphone shipments declined 9.6% annually in the first quarter Apple Inc yesterday said it would increase spending on suppliers in Vietnam, a key production hub, as CEO Tim Cook arrived in the country for a two-day visit. The iPhone maker announced the news in a statement on its Web site, but gave no details of how much it would spend or where the money would go. Cook is expected to meet programmers, content creators and students during his visit, online newspaper VnExpress reported. The visit comes as US President Joe Biden’s administration seeks to ramp up Vietnam’s role in the global tech supply chain to reduce the US’ dependence on China. Images on
New apartments in Taiwan’s major cities are getting smaller, while old apartments are increasingly occupied by older people, many of whom live alone, government data showed. The phenomenon has to do with sharpening unaffordable property prices and an aging population, property brokers said. Apartments with one bedroom that are two years old or older have gained a noticeable presence in the nation’s six special municipalities as well as Hsinchu county and city in the past five years, Evertrust Rehouse Co (永慶房產集團) found, citing data from the government’s real-price transaction platform. In Taipei, apartments with one bedroom accounted for 19 percent of deals last