Taiwan Business Quick Take

Staff writer, with agencies

Mon, Dec 09, 2013 - Page 14

EMPLOYMENT

Kaoliang job plan shelved

A subsidiary of Kinmen Kaoliang Liquor Inc (金門酒廠) has shelved plans to hire new employees from Taiwan for its operations in Xiamen Province, China, citing worse-than-expected business. Lin Tsui-yun (林翠雲), general manager of Kinmen Kaoliang Liquor (Xiamen) Trading Co (金酒廈門), said the company’s revenues were 130 million yuan (US$21.21 million) as of last month, about half its target of 250 million yuan for the year.

TECHNOLOGY

DRAM chip revenue growth

Revenues from the sale of DRAM chips are not only likely to rebound this year, but also continue their growth next year on the back of rising smartphone and tablet sales, market researcher TrendForce said. The value of DRAM chip production is expected to increase 32.5 percent to US$35.2 billion this year from last year, after contracting 9.8 percent last year and 24.6 percent in 2011, TrendForce said in a research note. The DRAM industry is expected to continue its revitalization next year growing 12 percent growth in the global DRAM market to US$39.5 billion, TrendForce said.

REAL ESTATE

Evertrust looking to hire

Evertrust Rehouse Co (永慶房屋), one of the nation’s leading real-estate agencies, held a job fair in Taipei on Saturday seeking 3,600 new recruits to support the company’s future expansion. The company said employees recruited at the job fair will be offered a guaranteed monthly salary of NT$50,000 (US$1,689) for the first nine months they are employed. After that, the newcomers will earn an undisclosed base salary plus bonuses based on their performance, the company said.