NOTEBOOK POWER: The company said the Vista operating system and Santa Rosa platform will fuel market demand, especially in emerging markets
By Jason Tan
Quanta Computer Inc (廣達電腦), the world's biggest contract maker of notebook computers, posted a 24 percent rise in its first-quarter earnings on the back of increased notebook shipments.

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CAUTIOUS: Despite some optimistic news, a TIER researcher said consumer credit abuse was the most significant problem plaguing the economy
By Jessie Ho
Bolstered by the nation's better-than-expected export performance, the Taiwan Institute of Economic Research (TIER, 台經院) yesterday raised its economic growth forecast to 4.09 percent this year, slightly up from the 4.07 percent forecast it made in January.

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Chi Mei Optoelectronics Corp (奇美電子), the nation's second-largest maker of liquid-crystal displays, posted a net loss yesterday of NT$1.104 billion (US$33 million), or NT$0.19 a share, in the first quarter on falling panel prices.

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By Amber Chung
First Financial Holding Co (第一金控) said yesterday that its board had agreed on a plan to form a joint venture with Aviva Plc of the UK to tap into the nation's fast growing bancassurance market.

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By Lisa Wang
Taiwan Semiconductor Manufac-turing Co (TSMC, 台積電) yesterday reported a 42 percent drop in quarterly earnings for the first quarter as demand weakened on excessive inventory, but the world's top contract chipmaker said demand is rebounding.

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NEW VENTURE: The firm also announced an agreement with SanDisk Corp to create a Portugal-based concern to jointly manufacture semiconductors for mobile phones
Qimonda AG, the memory chip unit of Infineon Technologies AG, plans to invest 2 billion euros (US$2.7 billion) over five years in its plant in Singapore to increase capacity, cut costs and expand in Asia.

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Acer Inc, the world's third-largest computer supplier, posted a 41 percent gain in first quarter profit yesterday, its first increase in three quarters, after booked profits from its investments and gained market share.

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By Jessie Ho
With both take-ups and rents increasing, the office market in Taipei City in the first quarter was healthy and set to improve further in the current quarter, according to a report released by CB Richard Ellis Taiwan yesterday.

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Profit-taking pares TAIEX gain
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