HTC optimistic despite global trends
KEY STRATEGY:
The producer of Smartphones saw `explosive' success last year in return for its efforts to tap into emerging markets with its lower-priced handsets
By Felix Hong Potentially weak consumer spending and signs of a slipping US economy induced by the subprime mortgage crisis is not expected to trouble High Tech Computer Corp (HTC, 宏達電), which predicts another year of strong growth.
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Sony inks deal to train Taiwanese
By Jerry Lin Annual production volume of the nation's digital content sector is expected to surge to NT$600 billion (US$18.6 billion) by the end of 2010, up 66.25 percent from NT$360.9 billion last year, boosted by an educational cooperation agreement with Sony, the Ministry of Economic Affairs said yesterday.
[ FULL STORY ]
CAL shares rise on talk of direct flights to China
FEELING GOOD:
Despite news of investment losses in China's Yangtze River carrier, the company's stock rose by 3.66 percent on the local stock market
By Judy Lin Shares of China Airlines Ltd (CAL, 中華航空), the largest airline in Taiwan, have enjoyed strong price growth despite bearish news, thanks to optimistic market sentiment over the prospects of direct flights between Taiwan and China after the presidential election, analysts said.
[ FULL STORY ]
Handset makers suffer on Motorola's bad news
By Kevin Chen Shares of several local handset and handset component makers plunged yesterday after Motorola Inc, the world's No. 2 mobile phone maker, posted weaker than expected fourth-quarter earnings.
[ FULL STORY ]
Nokia hits market-share goal for sales of handsets
World No. 1 mobile phone maker Nokia Oyj yesterday said that fourth-quarter net profit surged 44 percent to US$2.6 billion and that it had reached its long-term goal of 40 percent market share in handset sales. Its stock surged more than 12 percent.
[ FULL STORY ]
Jump in frozen dinner sales expected
By Jerry Lin The nation's major convenience store chains are expecting to see a 20 percent to 30 percent increase in the sales of frozen dinners for Lunar New Year's Eve this year, a convenience store chain representative said yesterday.
[ FULL STORY ]
IFPI says digital sales are not offsetting piracy
RAMPANT PIRACY:
The International Federation of the Phonographic Industry said that the ratio of unlicensed tracks downloaded to legal tracks sold was about 20 to 1
Digital music sales via the Internet and through mobile phones surged about 40 percent worldwide last year, as music companies try to make up for a decline in CD sales.
[ FULL STORY ]
Taipower suffers a ratings downgrade after policy change
By Kevin Chen State-run Taiwan Power Co (Taipower, 台電) yesterday saw its ratings outlook changed to "negative" from "stable" by Moody's Investors Service following a government decision to freeze electricity rates amid high fuel prices.
[ FULL STORY ]
Business Briefs
TAIEX recovers from sell-off
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