Quanta posts weaker-than-expected earnings
UPBEAT OUTLOOK:
A company spokesman said the firm believes its earnings will improve significantly once it finalizes the sale of its LCD unit to AU Optronics
By Jason Tan Quanta Computer Inc (廣達電腦), the world's largest notebook maker, yesterday announced weaker-than-expected quarterly earnings due to growing losses in its liquid-crystal-display (LCD) unit.
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Lenovo to buy more from local firms
By Lisa Wang Lenovo Group Ltd (聯想), the world's third-largest computer maker, plans to purchase more laptops from Taiwanese manufacturers this year to cope with the growing demand for its products, the company's chairman said in Taipei yesterday.
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Finance ministry outlines energy tax statute plan
By Jackie Lin The Ministry of Finance yesterday released its draft of a proposed energy tax statute yesterday, which Minister of Finance Ho Chih-chin (何志欽) said could be implemented next January if passed by the legislature.
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Polaris shares boosted by reports of Citigroup interest
By Amber Chung Shares of Polaris Group (寶來集團) and its banking arm, the Bank of Overseas Chinese (華僑銀行), strengthened on the local bourses yesterday amid reports it was in intensive partnership talks with Citigroup.
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Shares rise on back of Wall Street gains
Share prices closed sharply higher yesterday, rising 1.65 percent as sentiment got a boost from Wall Street's gains and a drop in oil prices to below US$70 a barrel, dealers said.
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Google CEO elected to Apple board of directors
NEW DIRECTION:
Eric Schmidt is likely to counsel Apple to break from its practice of tying products together, as it did with its iPod MP3 player and iTunes online content
Apple Computer elected Google chief executive Eric Schmidt to its board of directors on Tuesday in a possible harbinger of an alliance between the technology titans.
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Apple working to resolve defamation dispute in China
Apple Computer said yesterday it was working to resolve a dispute over alleged labor abuses by an iPod manufacturer in China.
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US consumer pessimism hits new high for the year
US citizens are more pessimistic than they have been all year about the state of the economy, according to a new report that reflects a widespread view that a period of brisk growth is coming to an end.
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AT&T says online store hacked, card information stolen
Hackers illegally accessed a computer system and stole credit card information and other personal data from thousands of customers who purchased DSL equipment from an AT&T online store, the company said.
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