Flat panel revenues to grow 23 percent
BACK ON TRACK:
AU Optronics Corp and Chi Mei Optoelectronics Corp will resume construction of next-generation production lines as demand for big-screen TVs rises
By Lisa Wang The nation's flat panel display industry is expected to see revenues grow 23 percent this year, bolstered by the expansion of computer and television panel makers and stable prices, government-fund researcher Industrial Technology Research Institute (ITRI, 工研院) forecast.
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Notebook exports to increase 25.3 percent: analyst
Laptop exports from Taiwan, Hong Kong and China are expected to reach 113 million units this year, representing an annual growth of 25.3 percent, an analyst for the Market Intelligence Center (MIC) of the Institute for Information Industry forecast on Saturday.
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Equity funds bet big on Taiwanese firms in PRC
Major strides by Taiwan's franchise industry in China and the branding effect this has created has attracted the attention of big international investment funds such as Carlyle Group and Baring Asset Management, a report in the Chinese-language Commercial Times said on Saturday.
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Shin Kong Life eyes Agora Garden
By Joyce Huang Shin Kong Life Insurance Co (新光人壽), a subsidiary of Shin Kong Financial Holding Co (新光金控), and 12 competitors have expressed interest in acquiring the Agora Garden (亞太會館) hotel in Taipei City's Xinyi District (信義), auctioneer DTZ Debenham Tie Leung (戴德梁行) said yesterday.
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ANALYSIS: Saving FAT will take more than fresh funds: analysts
TIP OF THE ICEBERG:
An industry analyst said pumping more money into a company that has become a black hole was not a viable solution without additional measures
By Judy Lin Analysts applauded Far Eastern Group (FEG 遠東集團) after it reaffirmed its support for debt-ridden Far Eastern Air Transport (FAT 遠航), but said that an improvement in FAT's management and competitiveness would be essential to turn around its performance.
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Agricultural losses hit NT$380 million
The nation's agricultural losses following the recent cold spell have increased to NT$380 million (US$12.1 million) as a result of heavy aquaculture industry losses.
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