REINVESTMENT LOSSES: The notebook giant said that component shortages and losses at Vibo and TPO Displays were to blame for its poor showing
By Jason Tan
Compal Electronics Inc (仁寶電腦), the world's second-largest maker of notebook computers, yesterday posted a drop in its third-quarter profit as a result of losses from its reinvestments.

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By Amber Chung
Staff Reporter

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By Jackie Lin
Lawmakers yesterday expressed concern about the recent string of foreign financial institutions announcing plans to take over local banks, saying that it was tantamount to a modern version of the invasion mounted by "allied forces of the eight powers."

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COME BACK HOME: Stung by its unsuccessful venture into Europe, the local giant should return to familiar territory in order to rebuild its reputation, analysts said
BenQ Corp (明基), the nation's biggest handset maker, should abandon its global ambitions and rebuild itself as an Asian brand after an acquisition from Siemens AG led to a US$1.1 billion loss at its mobile-phone business, investors said.

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SPEEDY SERVICE: Far EasTone is in talks with handset vendors concerning the supply of mobile phones which will allow for faster-than-ever video transfers
By Lisa Wang
Far EasTone Telecommunications Co (遠傳電信), the nation's second-biggest mobile operator, yesterday said it planned to offer its first 3.5-generation (3.5G) handsets by the end of the year.

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Share prices closed flat in moderate trade yesterday as investors took to the sidelines ahead of a US Federal Reserve meeting on interest rates later in the week, dealers said.

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After a three-year hiatus, United Airlines of the US is scheduled to resume its non-stop flight service between Taipei and San Francisco from April 3, a corporate source said yesterday.

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■ Jobless rate drops below 4%
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