Hon Hai seeks clarity on Sharp
Hon Hai Precision Industry Co (鴻海精密), the principal shareholder of Sharp Corp, yesterday said it was looking into the Japanese electronics firm’s announcement of a plan to cut 5,000 jobs.
“Company chairman Terry Gou (郭台銘) and other business executives will seek understanding of the actual situation with Sharp’s management and discuss response measures,” Hon Hai spokesman Simon Hsing (邢治平) said.
“We will not comment on any of Sharp’s restructuring plans until we come up with substantial results through negotiations,” he said.
Hon Hai, the main manufacturer of Apple Inc products, announced in late March its acquisition of a roughly 10 percent stake in Sharp for US$800 million, making it the Japanese company’s largest shareholder.
HK yuan deposits not covered
The Financial Supervisory Commission said in a statement yesterday that yuan deposits in Hong Kong banks fall outside the protection of Taiwan’s deposit insurance.
The statement is a warning to Taiwanese depositors of risks linked to yuan-savings services provided by some Hong Kong lenders, the commission said.
Yuan-deposit services will soon be available at domestic banks once Taiwan and China work out a currency settlement mechanism, the commission said.
Manufacturers get Windows 8
Microsoft Taiwan Corp yesterday announced that it had released its Windows 8 operating system to manufacturing, the final stage before it goes to market in fall.
The release to manufacturing stage means that testing and development of the system have been completed and the company has started to hand out the final code to its OEM partners.
Developers can download the final code through Microsoft Developer Network subscriptions and obtain the final version of Visual Studio 2012 on Windows Dev Center on Aug. 15.
Information technology professionals can also access the final version of Windows 8 through TechNet subscriptions.
On Aug. 16, users that have Microsoft Software Assurance can download Windows 8 Enterprise edition through the Volume License Service Center, and the system will also be available to members of Microsoft Partner Network.
Microsoft Action Pack Providers will have access to Windows 8 on Aug. 20.
The product will be launched on Sept. 4, but regular consumers will have to wait until Oct. 26 to purchase the new operating system.
Microalgae use under study
A team from National Cheng Kung University is conducting research on the potential commercial applications of microalgae, including the production of biodiesel and skin care products.
The team, led by chemical engineering professor Chang Chia-hsiu (張嘉修), has established a platform to determine the species and analyze the content of microalgae. It has also developed an outdoors microalgae cultivation system.
Chang said the nation’s rich microalgae resources give it a great advantage in developing a microalgae industry.
He said the industry could be very helpful in reducing carbon levels because algae captures carbon dioxide during photosynthesis. Every gram of microalgae grown by the team, for example, can consume 2g of carbon dioxide, he added.
HSBC, Uni-President ink loan
HSBC Taiwan has signed an agreement with Uni-President China Holding Co (統一中控) to provide the beverage and instant noodle vendor with 1 billion yuan (US$157 million) in a syndicated loan with a three-year tenor and may be extended to five years, the lender said in a statement on Wednesday.