NEC Corp, aided by a rebound in sales of semiconductors for products such as flat-panel displays and car engines, had better-than-expected earnings in the fiscal Q1, President Koji Nishigaki said.
Sales of NEC's computers and communications equipment were also better than planned, Nishigaki said in an interview, without providing details. Japan's second-largest chipmaker doesn't publish an earnings forecast for the three months ended June 30.
Losses at Japan's five largest chipmakers reached almost US$12 billion last fiscal year because of the global slowdown in spending on technology-related goods. NEC and rivals such as Toshiba Corp, the world's No. 2 chipmaker, are hoping to fill the gap by producing specially designed chips for products such as video-game consoles, DVD players and mobile phones.
"Selling chips for a specific purpose is the right strategy," said Yoshiya Morimoto, who helps manage US$7.2 billion in Japan equities for Japan Investment Trust Management Co, which holds NEC shares. "The risk is that all Japanese chipmakers become too dependent on sales of products made by Sony Corp, Nintendo Co and Matsushita Electric Industrial Co."
Last month, NEC said it would invest about ?3 billion (US$25 million) to increase its capacity to make semiconductors for liquid-crystal displays, which are becoming more widespread as prices decline. The shift to color screens in mobile phones is also boosting demand for the chips.
The government is aiming to recruit 1,096 foreign English teachers and teaching assistants this year, the Ministry of Education said yesterday. The foreign teachers would work closely with elementary and junior-high instructors to create and teach courses, ministry official Tsai Yi-ching (蔡宜靜) said. Together, they would create an immersive language environment, helping to motivate students while enhancing the skills of local teachers, she said. The ministry has since 2021 been recruiting foreign teachers through the Taiwan Foreign English Teacher Program, which offers placement, salary, housing and other benefits to eligible foreign teachers. Two centers serving northern and southern Taiwan assist in recruiting and training
WIDE NET: Health officials said they are considering all possibilities, such as bongkrekic acid, while the city mayor said they have not ruled out the possibility of a malicious act of poisoning Two people who dined at a restaurant in Taipei’s Far Eastern Department Store Xinyi A13 last week have died, while four are in intensive care, the Taipei Department of Health said yesterday. All of the outlets of Malaysian vegetarian restaurant franchise Polam Kopitiam have been ordered to close pending an investigation after 11 people became ill due to suspected food poisoning, city officials told a news conference in Taipei. The first fatality, a 39-year-old man who ate at the restaurant on Friday last week, died of kidney failure two days later at the city’s Mackay Memorial Hospital. A 66-year-old man who dined
RESTAURANT POISONING? Deputy Minister of Health and Welfare Victor Wang at a press conference last night said this was the first time bongkrekic acid was detected in Taiwan An autopsy discovered bongkrekic acid in a specimen collected from a person who died from food poisoning after dining at the Malaysian restaurant chain Polam Kopitiam, the Ministry of Health and Welfare said at a news conference last night. It was the first time bongkrekic acid was detected in Taiwan, Deputy Minister of Health and Welfare Victor Wang (王必勝) said. The testing conducted by forensic specialists at National Taiwan University was facilitated after a hospital voluntarily offered standard samples it had in stock that are required to test for bongkrekic acid, he said. Wang told the news conference that testing would continue despite
‘CARRIER KILLERS’: The Tuo Chiang-class corvettes’ stealth capability means they have a radar cross-section as small as the size of a fishing boat, an analyst said President Tsai Ing-wen (蔡英文) yesterday presided over a ceremony at Yilan County’s Suao Harbor (蘇澳港), where the navy took delivery of two indigenous Tuo Chiang-class corvettes. The corvettes, An Chiang (安江) and Wan Chiang (萬江), along with the introduction of the coast guard’s third and fourth 4,000-tonne cutters earlier this month, are a testament to Taiwan’s shipbuilding capability and signify the nation’s resolve to defend democracy and freedom, Tsai said. The vessels are also the last two of six Tuo Chiang-class corvettes ordered from Lungteh Shipbuilding Co (龍德造船) by the navy, Tsai said. The first Tuo Chiang-class vessel delivered was Ta Chiang (塔江)