Thu, Nov 29, 2018 - Page 11 News List

Taiwan Business Quick Take

Staff writer with CNA


Motech to lay off workers

Solar cell maker Motech Industries Inc (茂迪) yesterday said it plans to lay off 916 employees as part of its efforts to stay afloat. A cutback in solar-power subsidies in China has exacerbated already weak demand for solar energy products, it said. The job cuts are to take place on Jan. 28, the Tainan-based company said in a statement filed with the Taiwan Stock Exchange. As part of its turnaround efforts, it would only produce high-efficiency solar cells and solar modules, as well as expanding into solar panel assembly, the company said.


E Ink links with start-up

E-paper display supplier E Ink Holdings Co (元太科技) yesterday said it has formed a strategic partnership with a Chinese LCD panel start-up to develop and sell large e-paper displays for industrial devices, the Internet of Things and other premium electronics. The newly established LCD panel maker, based in Zhejiang Province’s Ningbo, has received start-up money from Guangzhou New Vision Optoelectronic Co (廣州新視界光電) and other investors, E Ink said. The Chinese panel maker would make large-sized LCD panels at a new G7.5 plant for E Ink, the company said. E Ink said it would also broaden the partnership into e-paper film manufacturing and e-paper module assembling.


Line developer forum planned

Japanese mobile messaging giant Line Corp is set to hold Line Taiwan TechPulse — its annual software developer conference — in Taiwan on Dec. 21, featuring an Internet of Things (IoT) interactive zone, an executive at Line Taiwan Ltd (台灣連線) said on Tuesday. This year’s theme is “interaction,” and developers would use the interactive zone to learn how to create more people-to-people interactions and conduct information and service exchanges through the messaging platform, Line Taiwan research and development director Marco Chen (陳鴻嘉) said. A wide range of apps would be available at the event, including Line Chatbot, through which participants can register and report their arrival at events, Chen said. In the IoT interactive area, attendees would be able to carry out interactive tasks and play games using apps to control devices at the site.


Taiwan, Japan meet on trade

Taiwan and Japan are set to sign five memorandums of understanding (MOUs) after their annual two-day economic and trade meeting, which begins today in Taipei, with the objective of enhancing cooperation between small and medium-sized enterprises (SMEs), the Ministry of Foreign Affairs said yesterday. The closed-door meeting is to take place at the Ambassador Hotel. Taiwan-Japan Relations Association President Chiou I-jen (邱義仁) and Japan-Taiwan Exchange Association Chairman Mitsuo Ohashi are to lead the delegations in discussions on a wide range of economic and trade issues, the ministry said. Taiwan is expected to express its interest in joining the Comprehensive and Progressive Agreement for Trans-Pacific Partnership, being led by Japan. The Japanese are likely to voice hopes that Taiwan would lift a ban on food imports from five prefectures affected by the 2011 Fukushima Dai-ichi nuclear plant disaster, despite the passage of a referendum on Saturday last week to maintain the ban.

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