Mon, May 12, 2014 - Page 14 News List

Taiwan Business Quick Take

Staff writer, with CNA

TEA

New packaging unveiled

Tea providers in Nantou County’s Lugu Township (鹿谷) unveiled new packaging for their home-grown “dongding” oolong tea on Saturday that they hope will prevent Chinese customers from buying tea that is incorrectly promoted as made in Taiwan. The Lugu Township Dongding Manufacturers Association has been selling its tea to China since 1998. The real dongding tea costs about 300 yuan per 600g, while a fake product goes for about half the price, the association said.

TECHNOLOGY

4G users to increase: study

The population of people using 4G long-term evolution (LTE) high-speed wireless communication service users will soar this year, Digitimes Reserach said in a research note on Wednesday last week. There were 97 countries deploying 263 LTE commercial networks that served about 200 million users worldwide last year, but the number of LTE users globally will top 335 million this year, Digitimes Research analyst Wu Po-hsuan (吳伯軒) said in the note. The increase comes as China and the US have been speeding up their LTE network infrastructure, while Europe and emerging markets are also working to provide high-speed wireless Internet service, Wu said.

AUTOMAKERS

Firm eyes electric scooters

China Motor Co (中華汽車) sees great potential in the European electric scooter market and wants to grab a bigger market share there by 2018. About 10,000 electric scooters are sold annually in Europe at present, the Taoyuan-based company said on Wednesday last week, adding that it is hoping to gain a 7.5 percent of the European market within the next four years.

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