Tue, Jul 30, 2013 - Page 14 News List

Taiwan Business Quick Take

Staff writer, with CNA


The right time for Vietnam

Taiwan should try to establish a stronger presence in the growing cosmetic surgery market in Vietnam, a local research group said yesterday. The time is right for Taiwan to get a foot in the door as Vietnam’s cosmetic surgery market is still in the nascent stage, said Hubert Chih (池煥德), a researcher at the Industrial Economics and Knowledge Center. Currently, women in Vietnam do not have much confidence in cosmetic surgery, as the clinics there are usually small ones that seem to lack professionalism, Chih said. For investors interested in getting into the cosmetic surgery business in Vietnam, big chain clinics would be a good option, he said.


Digital cameras impacted

Digital still camera (DSC) shipments by Taiwanese contract makers will fall significantly this year due to the popularity of smartphone cameras, according to Digitimes Research. Shipments of Taiwan-made digital still cameras are expected to drop by an annual 39.4 percent to about 24 million units this year, Digitimes said. Global DSC shipments for this year will total 71 million units, down 28 percent annually, Digitimes forecast. Major camera brands are shifting to more high-end products, such as 18-megapixel and 20-megapixel models, and adding features such as 30x optical zoom lenses, in an effort to stand out from smartphone cameras, it said.

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