Changhua County-based Depo Auto Parts Industrial Co (帝寶工業), which specializes in manufacturing automotive lighting products, said a fire broke out yesterday at one of its plants and the blaze raged for four hours before being contained.
Dark black smoke that shot skyward was visible across much of Changhua County’s Lugang Township (鹿港) as firefighters and emergency teams battled the blaze, according to footage aired by local cable TV network UBN.
At press time, Depo officials said they were still investigating the cause of the fire at the plant, which erupted at about 1:30pm.
The state-run Central News Agency reported the fire likely began at a four-store plating and coating complex at the plant, citing the Changhua County Government’s firefighting bureau.
“The fire caused no injuries,” Depo spokesman Edward Lu (呂理豐) said in a filing to the Taiwan Stock Exchange.
“There was no major damage to the company’s finances,” Lu added.
Depo has three plants in Taiwan. The other two are located at Greater Tainan’s Sinying (新營) and Yungkang (永康) townships.
The company also manufactures auto body parts such as side bumpers and plates for the after-market business segment and markets its products under its own brand name.
Shares of Depo closed down 1.46 percent at NT$95.6 yesterday.
To many, Tatu City on the outskirts of Nairobi looks like a success. The first city entirely built by a private company to be operational in east Africa, with about 25,000 people living and working there, it accounts for about two-thirds of all foreign investment in Kenya. Its low-tax status has attracted more than 100 businesses including Heineken, coffee brand Dormans, and the biggest call-center and cold-chain transport firms in the region. However, to some local politicians, Tatu City has looked more like a target for extortion. A parade of governors have demanded land worth millions of dollars in exchange
Hong Kong authorities ramped up sales of the local dollar as the greenback’s slide threatened the foreign-exchange peg. The Hong Kong Monetary Authority (HKMA) sold a record HK$60.5 billion (US$7.8 billion) of the city’s currency, according to an alert sent on its Bloomberg page yesterday in Asia, after it tested the upper end of its trading band. That added to the HK$56.1 billion of sales versus the greenback since Friday. The rapid intervention signals efforts from the city’s authorities to limit the local currency’s moves within its HK$7.75 to HK$7.85 per US dollar trading band. Heavy sales of the local dollar by
Taiwan Semiconductor Manufacturing Co’s (TSMC, 台積電) revenue jumped 48 percent last month, underscoring how electronics firms scrambled to acquire essential components before global tariffs took effect. The main chipmaker for Apple Inc and Nvidia Corp reported monthly sales of NT$349.6 billion (US$11.6 billion). That compares with the average analysts’ estimate for a 38 percent rise in second-quarter revenue. US President Donald Trump’s trade war is prompting economists to retool GDP forecasts worldwide, casting doubt over the outlook for everything from iPhone demand to computing and datacenter construction. However, TSMC — a barometer for global tech spending given its central role in the
An Indonesian animated movie is smashing regional box office records and could be set for wider success as it prepares to open beyond the Southeast Asian archipelago’s silver screens. Jumbo — a film based on the adventures of main character, Don, a large orphaned Indonesian boy facing bullying at school — last month became the highest-grossing Southeast Asian animated film, raking in more than US$8 million. Released at the end of March to coincide with the Eid holidays after the Islamic fasting month of Ramadan, the movie has hit 8 million ticket sales, the third-highest in Indonesian cinema history, Film
RSS