EMPLOYMENT
Hiring outlook weakens
The hiring outlook for the fourth quarter of the year weakened amid rising uncertainty over the economy at a time of escalating trade friction between the US and China, a survey released by online 1111 Job Bank (1111人力銀行) on Wednesday last week showed. According to the survey, which was conducted from Aug. 23 to Tuesday last week and collected 838 valid questionnaires, 54.89 percent of the responding enterprises said they planned to launch recruitment campaigns in the fourth quarter, down 2.61 percent from a year earlier.
INTERNET
Industrial platform planned
Foxconn Industrial Internet Co Ltd (FII, 富士康工業互聯網) on Tuesday last week said it would work with NXP Semiconductors Ltd of the Netherlands on the development of an industrial Internet system. NXP has agreed to provide artificial intelligence technology and solutions to help FII set up an advanced industrial Internet platform, FII said. The companies would work together to build an industrial Internet ecosystem to help FII clients achieve smart production and management, it said.
APPAREL
Jacket supplier hits record
Leading down jacket supplier Quang Viet Enterprise Co (廣越) yesterday posted record-high sales of NT$2.2 billion (US$71.48 million) for last month, a 25.43 percent year-on-year increase from NT$1.76 billion thanks to peak season effects. The increase brought the company’s cumulative revenue in the first eight months to NT$8.01 billion, up 42.82 percent from NT$5.61 billion the previous year, it said in a statement, adding that orders have surged from major customers such as Adidas AG, Patagonia, Nike Inc, The North Face and Puma AG.
Intel Corp chief executive officer Lip-Bu Tan (陳立武) is expected to meet with Taiwanese suppliers next month in conjunction with the opening of the Computex Taipei trade show, supply chain sources said on Monday. The visit, the first for Tan to Taiwan since assuming his new post last month, would be aimed at enhancing Intel’s ties with suppliers in Taiwan as he attempts to help turn around the struggling US chipmaker, the sources said. Tan is to hold a banquet to celebrate Intel’s 40-year presence in Taiwan before Computex opens on May 20 and invite dozens of Taiwanese suppliers to exchange views
Application-specific integrated circuit designer Faraday Technology Corp (智原) yesterday said that although revenue this quarter would decline 30 percent from last quarter, it retained its full-year forecast of revenue growth of 100 percent. The company attributed the quarterly drop to a slowdown in customers’ production of chips using Faraday’s advanced packaging technology. The company is still confident about its revenue growth this year, given its strong “design-win” — or the projects it won to help customers design their chips, Faraday president Steve Wang (王國雍) told an online earnings conference. “The design-win this year is better than we expected. We believe we will win
Chizuko Kimura has become the first female sushi chef in the world to win a Michelin star, fulfilling a promise she made to her dying husband to continue his legacy. The 54-year-old Japanese chef regained the Michelin star her late husband, Shunei Kimura, won three years ago for their Sushi Shunei restaurant in Paris. For Shunei Kimura, the star was a dream come true. However, the joy was short-lived. He died from cancer just three months later in June 2022. He was 65. The following year, the restaurant in the heart of Montmartre lost its star rating. Chizuko Kimura insisted that the new star is still down
While China’s leaders use their economic and political might to fight US President Donald Trump’s trade war “to the end,” its army of social media soldiers are embarking on a more humorous campaign online. Trump’s tariff blitz has seen Washington and Beijing impose eye-watering duties on imports from the other, fanning a standoff between the economic superpowers that has sparked global recession fears and sent markets into a tailspin. Trump says his policy is a response to years of being “ripped off” by other countries and aims to bring manufacturing to the US, forcing companies to employ US workers. However, China’s online warriors
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