Canada acts on OCTG dumping
The Canada Border Services Agency (CBSA) on Monday initiated an antidumping investigation on oil country tubular goods (OCTG) made in or exported from Taiwan and eight other countries, the Bureau of Foreign Trade said yesterday, calling on firms making the products to take the Canadian government’s survey by Aug. 27, so they could apply for lower tariff rates.
It is crucial for every company to participate in the CBSA’s survey, or the investigator may judge “normal value” or “export price” of oil country tubular goods arbitrarily, which could cause unfavorable outcomes for Taiwanese firms, the bureau said.
Acer to adjust smartphone price
Acer Inc (宏碁), the world’s fourth-largest PC maker, will adjust the price of its new smartphone that is scheduled to be launched in Taiwan next month after taking a rival’s pricing strategy into account, Acer’s local marketing division director Samuel Chang (張世欣) said on Tuesday.
“With the other company entering such a low price band and using such a market strategy, we need to review our product and see if it has enough competitiveness in the market before we launch it,” Chang said of Asustek Computer Inc’s (華碩) low-cost ZenFone models, which are priced as low as US$99.
He declined to give prices or other details of the new Acer smartphone.
Compal eyes casing firm
Contract notebook computer maker Compal Electronics Inc (仁寶) yesterday said it plans to invest NT$988.24 million (US$32.97 million) in a Chinese company that produces magnesium alloy or plastic-made casings for PCs and handsets, as part of its long-term investment strategy.
Compal has invested NT$343.51 million so far in the Chongqing, Sichuan Province-based Chang Bao (昶寶), which has capital of NT$889.55 million and plans to raise additional capital of about NT$2.69 billion including Compal’s share, according to a filing with the Taiwan Stock Exchange.
Computer show coming up
The Taipei Computer Applications Show, one of the nation’s major consumer electronics exhibitions, is set to open on Thursday next week and run through Aug. 4, the Taipei Computer Association (TCA) said on Wednesday, adding that about 200 electronics suppliers at home and abroad would man a total of 1,100 booths to showcase their devices.
The association said that this year’s show, to be held at the Taipei World Trade Center Exhibition Hall 1, would feature smart electronic gadgets, including mobile devices, computer systems, digital imaging products, digital entertainment and related software developments.
A gaming seminar is to be held alongside the event, in which several international game developers, such as US-based Blizzard Entertainment and Japan’s CAPCOM, are to share their software development experiences.
Loan increase on target
Domestic banks increased loans by NT$32.3 billion (US$1.07 billion) to companies in the creative industry for the first six months of this year, achieving 64.6 percent of the NT$50 billion target set for the year, the Financial Supervisory Commission said yesterday.
The commission has encouraged such loans through a contest among banks which aims to more than double cumulative lending to NT$360 billion in 2016, from NT$181.7 billion late last year.
There were 2,164 successful loan applications in the first half, the commission said.
NOTABLE SHIFT: By 2030, 50% of all laptops would be assembled in Southeast Asia, while Taiwan would still mostly focus on research and development, a report said Global laptop and desktop computer supply chains are expected to shift significantly away from China in the next 10 years, a Market Intelligence & Consulting Institute (MIC, 產業情報研究所) report said. By 2030, only 40 percent of global laptop production would remain in China, said the report, which was released on Thursday. “The reshuffling of the global supply chain will be one of the most important trends in the next 10 years,” the institute said in the report. “In the long run, key component makers will follow laptop assemblers in moving out of China.” The Taipei-based institute predicted most key component makers
Merck Group Taiwan yesterday said that it plans to invest substantially on expanding its fab in Kaohsiung’s Lujhu District (路竹) to better serve its local customers, including Taiwan Semiconductor Manufacturing Co (TSMC, 台積電). The company said it plans to expand its production space by 50 percent in the next five years and its workforce by about 40 percent, Merck Group Taiwan managing director Dick Hsieh (謝志宏) told a media briefing in Taipei. Hsieh declined to disclose investment details, but said that the latest investment would exceed the total amount Merck has invested in Taiwan over the past few years. Those investments would be
Yageo Corp (國巨), the world’s third-largest supplier of multilayer ceramic capacitors, has formed a strategic alliance with Hon Hai Precision Industry Co (鴻海精密) to develop key electronic components for electric vehicles and digital healthcare, it said yesterday. The alliance is to help Yageo boost its revenue from high-end components for vehicles and industrial, medical and aerospace devices, as well as those used in 5G and Internet-of-Things devices, the company said. The companies signed the strategic alliance agreement at Yageo’s headquarters in New Taipei City’s Sindian District (新店). Their cooperation is to start this quarter, the companies said in a joint statement. “Through the cooperation
INVEST IN TAIWAN: A metal components casting firm and the world’s largest maker of aluminum bicycle rims also obtained approvals to join the program Solar Applied Materials Technology Co (SOLAR, 光洋應用材料), a part of Taiwan Semiconductor Manufacturing Co’s (TSMC, 台積電) “green supply chain,” has pledged to invest NT$1 billion (US$34.1 million) to build a new plant at the Tainan Technology Industrial Park (台南科技工業區), the Ministry of Economic Affairs said yesterday. SOLAR has been collaborating with TSMC to extract precious metals from waste and reuse them as “sputtering target” material in high-end semiconductor manufacturing, a TSMC press release issued in May said. Established in 1978, SOLAR also offers key materials and integrated services to customers in the optoelectronics, information and communications technology, petrochemicals and consumer electronics industries,