ON TRACK: By the end of this year, Asustek Computer Inc is looking to sell more than 350,000 Eee PCs worldwide and is targeting selling more than 5 million units next year
By Lisa Wang
Local computer maker Asustek Computer Inc (華碩電腦) yesterday said sales of its low-cost Eee PCs were gathering steam around the globe, including in its home market, keeping it on track to hit its goal of selling as many as 5 million units.

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MISLEADING: A test of 14 tissue paper brands listed Carrefour as the worst offender, with seven out of 12 samples containing less tissues than labeled
By Jerry Lin
The Consumers' Foundation (消基會) yesterday criticized Carrefour for misleading consumers after a survey showed that more than half of its store-branded tissue had less paper per pack than the number printed on the label.

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REBUTTAL: The retailer denied it was having financial difficulties and said that its Taipei and Hsinchu stores were operating as normal
Sunrise Department Store (中興百貨) has bounced checks worth NT$300 million (US$9.3 million), affecting nearly 100 of its suppliers, a Central News Agency report said yesterday, without citing a source.

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By Joyce Huang
Taiwanese small and medium enterprises (SME) operating in China were feeling the pinch even before Chinese authorities ordered several banks to freeze new loans in the fourth quarter, China-based business leaders said yesterday.

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By Kevin Chen
The central bank's latest monthly data on home loans showed a slower increase last month, reflecting the constrained purchasing power of home buyers despite the government's favorable new policies in the property sector.

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By Lisa Wang
Kinpo Group (金仁寶集團) yesterday forecast that revenues would rise 30 percent next year, fueled by growing demand for a wide range of products, including notebook computers and new liquid-crystal-display (LCD) televisions.

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PHONES UP: The firm forecast shipments would be about 50 million in the current period, driven by demand from emerging markets and third-generation mobile phones
Samsung Electronics Co, the world's second-largest mobile phone maker, forecast shipments would rise by more than 25 percent next year, outpacing industry growth, on demand for handsets with faster download speeds.

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India posted the world's largest sales of mobile phones to end users in the third quarter, helping the Asian market expand 26 percent, a global survey showed.

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China and Europe confronted each other over their long-running trade dispute in Beijing yesterday, with the EU calling for a level playing field and Chinese Premier Wen Jiabao (溫家寶) insisting on gradual reform.

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The turnover of the nation's manufacturing industry was NT$3.12 trillion (US$96.59 billion) for the third quarter, up 9.95 percent from the same quarter last year, figures released yesterday by the Ministry of Economic Affairs showed.

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Fears drag market lower

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