Yuanta boss to teach in US
Yuanta Financial Holding Co (元大金控) chairman Yen Ching-chang (顏慶章) is scheduled to take up a visiting professorship in the US after he retires from the company next month. Yen, a former finance minister who was Taiwan’s first representative to the WTO, said he would teach at the University of Wisconsin Law School for one year and speak on issues such as Taiwan’s tax system and trade policies related to the WTO.
Honeywell eyes local orders
US diversified manufacturer Honeywell International Inc held a procurement conference in Taipei yesterday aimed at allocating up to US$1 million in orders for electronics components. The conference attracted more than 80 firms, including industrial computer maker Advantech Co (研華), and home appliance maker Tatung Co (大同).
Teco inks ITRI agreement
Motor maker Teco Electric and Machinery Co (東元) and the Industrial Technology Research Institute (工研院) signed a memorandum of understanding on Wednesday to cooperate on the production of special electric vehicles. Teco chairman Liu Chao-kai (劉兆凱) said the partnership will help enhance the firm’s international competitive edge. Initially, Teco will concentrate on Southeast Asian and Greater China markets, he said.