Mon, Apr 07, 2014 - Page 14 News List

Taiwan Business Quick Take

Staff writer, with CNA

MANUFACTURING

Hong Fu opens in Caribbean

A major local footwear manufacturer has opened three factories in the Dominican Republic with production forecasts of 1 million shoes monthly and the creation of 11,000 jobs, according to a press release issued by the Republic of China embassy in Santo Domingo. Hong Fu Footwear Group (宏福鞋業) held an inauguration ceremony on Wednesday last week at the Tamboril industrial processing zone in Santiago. The company, one of the world’s largest footwear producers, began its investment in the Dominican Republic in September last year. The new plants are the first stage of the firm’s investment, Hong Fu chairman Chang Tsung-yuan (張聰淵) said.

TECHNOLOGY

Tablet sales to rise: Gartner

Worldwide shipments of tablet computers will continue to grow this year, according to Gartner Inc. Tablet shipments will reach 270.7 million units worldwide this year, up 38.5 percent from 195.4 million units last year, the researcher said. Gartner said the recent consumer trend of substituting tablets for notebooks will start to fade this year, as consumers and businesses align the right device with the right usage pattern.

TRADE

Fairs to focus on ‘smart’ tech

Four motor vehicles and auto parts shows to be held in Taipei from Wednesday through Saturday are to showcase telematics and electric vehicles at the Taipei World Trade Center Hall 1 and the Nangang Exhibition Hall, organizers said. The four shows are the Taipei International Auto Parts and Accessories Show, the Taipei International Automobile Electronics Show, the Taiwan International Motorcycle Show and the Taiwan International Electric Vehicle Show.

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