Thu, Jul 25, 2013 - Page 14 News List

Taiwan Business Quick Take

Staff writer, with CNA


Big Sun terminates contract

Local solar cell maker Big Sun Energy Technology Corp (太陽光電) yesterday said it had terminated a NT$2.3 billion (US$96.8 million) supply contract with its silicon wafer supplier Swiss Wafers AG after the company filed for bankruptcy, according to a filing to the Taiwan Stock Exchange. After deducting the payment for the silicon wafers from an unspecified amount of money Big Sun Energy paid in advance, Wafers AG has to pay back NT$133 million to the Taiwanese solar cell maker. Big Sun Energy said it would book the loss in last month’s financial statement, then register as a creditor and make a claim for the money owed by Swiss Wafers AG.


Surface tablets to hit shelves

Microsoft Corp’s Surface RT and Surface Pro tablets are scheduled to be launched in Taiwan on Aug. 4. The two 10.6-inch tablets will be available at 100 stores of local electronics chains Tsann Kuen Enterprise Co (燦坤) and Fayaque Co (法雅客), Microsoft Taiwan said in a press release yesterday, without giving any pricing details. The US company has reduced the price of its Windows RT-based Surface tablet by as much as 30 percent to US$349, foreign media have reported. The Windows 8-based Surface Pro tablet with 64 gigabytes of internal memory now retails at US$899, according to the US company’s Web site.

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