TELECOM TIE-UP: The Taoyuan company wants to build its market share in emergent markets. It is testing the waters with the new deal with India's largest mobile operator
By Lisa Wang
High Tech Computer Corp (HTC, 宏達電), the world's top maker of handsets running Microsoft Corp's system, announced plans yesterday to jointly develop and supply handsets with India's Reliance Communications Ltd by the end of this month.

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FAMILY FEUD? : Despite reports that a boardroom fight was brewing, the company told the Taiwan Stock Exchange it had stockholders' support
By Kevin Chen
Tatung Co (大同) shrugged off speculation of a hostile takeover yesterday, saying its share structure was solid and suggesting it would improve corporate governance to create more value for shareholders.

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By Jerry Lin
Taiwanese businesspeople need to pay attention to rising interest rates and fluctuating currency exchange rates while investing in Vietnam, Citibank officials said yesterday.

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By Lisa Wang
The National Communications Commission (NCC) threw a monkeywrench into Chunghwa Telecom Co's (中華電信) plans yesterday, rejecting its investment in WiMAX license holder Global Mobile Corp (全球一動).

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By Jerry Lin
Microsoft Corp and Hewlett-Packard Co yesterday announced a new product development and testing center in Taiwan.

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EXPANDING IN CHINA: Far Eastern Group said it hoped to use the share listings to avoid the government limits on investments in China and increase its operations there
Far Eastern Group (遠東集團), parent of the nation's largest textile maker, plans to sell shares of its Chinese retail, chemical and cement units in Hong Kong within two years to expand in China. The company's shares rose.

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Jim Rogers, cofounder with George Soros of the Quantum Hedge Fund, is investing in Taiwan on expectations that this week's presidential election will install a government that will improve ties with China.

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Dell Inc, the world's second-largest maker of personal computers, plans to increase purchases of components from Chinese suppliers by about 28 percent this year.

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Shares close up 1.93 percent
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