Japan’s largest clothing retailer Fast Retailing Co is scheduled to launch its casual wear brand Uniqlo in Taiwan this fall.
Local fans looking for Uniqlo bargains — or those of Sweden’s Zara and H&M or the US’ Gap — have long had to venture outside of Taiwan to find such items.
The first Uniqlo outlet in Taipei could be located at Tonlin Plaza (統領廣場) in eastern Taipei, the Chinese-language newspaper United Daily News reported yesterday.
The space was previously occupied by Marks & Spencer — the British retailer which retreated from Taiwan in 2008 after 18 months of sluggish sales performance.
The Uniqlo space at Tonlin would occupy at least 500 pings (1,650m²), the report said.
Fast Retailing said on Thursday it would invest ¥430 million (US$4.7 million) to establish a Taiwanese subsidiary next month to develop a network of Uniqlo stores here, including one in Taipei that will be open by this fall, Kyodo News reported.
Fast Retailing has more than 800 stores across the globe, with Uniqlo outlets in China, Hong Kong, the US, France and elsewhere. It is planning to expand into India, Australia and Thailand.
Fast Retailing began recruiting personnel from local universities last year. Employees in managerial positions are receiving salaries starting at NT$60,000 (US$1,818), and they are currently undergoing training at the Tokyo headquarters, the United Daily said.
H&M will reportedly launch in Taiwan sometime this year as well.
KEEPING UP: The acquisition of a cleanroom in Taiwan would enable Micron to increase production in a market where demand continues to outpace supply, a Micron official said Micron Technology Inc has signed a letter of intent to buy a fabrication site in Taiwan from Powerchip Semiconductor Manufacturing Corp (力積電) for US$1.8 billion to expand its production of memory chips. Micron would take control of the P5 site in Miaoli County’s Tongluo Township (銅鑼) and plans to ramp up DRAM production in phases after the transaction closes in the second quarter, the company said in a statement on Saturday. The acquisition includes an existing 12 inch fab cleanroom of 27,871m2 and would further position Micron to address growing global demand for memory solutions, the company said. Micron expects the transaction to
Nvidia Corp’s GB300 platform is expected to account for 70 to 80 percent of global artificial intelligence (AI) server rack shipments this year, while adoption of its next-generation Vera Rubin 200 platform is to gradually gain momentum after the third quarter of the year, TrendForce Corp (集邦科技) said. Servers based on Nvidia’s GB300 chips entered mass production last quarter and they are expected to become the mainstay models for Taiwanese server manufacturers this year, Trendforce analyst Frank Kung (龔明德) said in an interview. This year is expected to be a breakout year for AI servers based on a variety of chips, as
Global semiconductor stocks advanced yesterday, as comments by Nvidia Corp chief executive officer Jensen Huang (黃仁勳) at Davos, Switzerland, helped reinforce investor enthusiasm for artificial intelligence (AI). Samsung Electronics Co gained as much as 5 percent to an all-time high, helping drive South Korea’s benchmark KOSPI above 5,000 for the first time. That came after the Philadelphia Semiconductor Index rose more than 3 percent to a fresh record on Wednesday, with a boost from Nvidia. The gains came amid broad risk-on trade after US President Donald Trump withdrew his threat of tariffs on some European nations over backing for Greenland. Huang further
HSBC Bank Taiwan Ltd (匯豐台灣商銀) and the Taiwan High Prosecutors Office recently signed a memorandum of understanding (MOU) to enhance cooperation on the suspicious transaction analysis mechanism. This landmark agreement makes HSBC the first foreign bank in Taiwan to establish such a partnership with the High Prosecutors Office, underscoring its commitment to active anti-fraud initiatives, financial inclusion, and the “Treating Customers Fairly” principle. Through this deep public-private collaboration, both parties aim to co-create a secure financial ecosystem via early warning detection and precise fraud prevention technologies. At the signing ceremony, HSBC Taiwan CEO and head of banking Adam Chen (陳志堅)
RSS