■ Electronics
EA to release phone games
California-based computer game maker Electronic Arts will soon begin offering games for mobile phones. Among the titles in planning are "FIFA 06" soccer and "SimCity," the company announced recently. Additional games to be made compatible with mobile phones are "Need for Speed Most Wanted" and "The Sims 2." These games are expected to be released by the end of the year. The service providers will likely follow. Each game title will likely cost about US$5.
■ Hospitality
Luxury hampers on offer
A five-star hotel in Hong Kong was yesterday offering what may be the world's most expensive Christmas hamper with a HK$1 million (US$129,000) price tag. The hamper offered by the Ritz-Carlton includes champagne, caviar, cigars, diamond jewellery, vouchers for a stay in the hotel's presidential suite and a flight by a Gulfstream jet to Bali. The hamper is believed to be the most expensive ever offered in Hong Kong -- where the top-priced hamper last year was a US$48,888 offering from Sogo. It may also be the most expensive commercial hamper anywhere, although there is no such category in the Guinness Book of World Records. The basic ingredients of the Ritz-Carlton hamper are Krug champagne, caviar and Cuban cigars, along with vouchers for a three-day, two-night stay at the Ritz-Carlton's presidential suite. Buyers will have exclusive use of a Rolls Royce limousine and a gourmet dinner for six on the final night.
■ Electronics
Hitachi plans India offices
Hitachi Ltd, Japan's largest electronics maker, will open outsourcing centers in India to provide software development and system support services to Japanese clients in the US and Europe, the Nikkei English News reported yesterday. The Tokyo-based company will partner with Satyam Computer Services Ltd and Intelligroup Inc to open offices in Bangalore and Hyderabad, with 200 employees, the report said, citing company officials it didn't identify. The company expects to hire up to 1,000 employees in two years, it said. Hitachi plans to increase the share of overseas revenue in its information and communications business to 40 percent by 2007, according to the report.
■ Auto industry
Toyota profits to hit record
Toyota Motor Corp's net profit for the year to March next year is expected to hit a record US$10.4 billion thanks to brisk sales and a weak yen, the Nihon Keizai Shimbun reported yesterday. Toyota is scheduled to announced its interim earnings report on Friday. The company is likely to report a group net profit of ¥1.2 trillion (US$10.4 billion), an all-time high for the fourth consecutive year, up 2 percent from the previous year, the paper said. Operating profit is expected to increase 5 percent to a record ¥1.75 trillion for the year on sales seen to gain 8 percent to about ¥20 trillion, the business daily said. The exchange rate is currently running around ¥115 to the dollar, against the company's assumed rate of ¥105. If the current rate continues until year's end, Toyota is expected to enjoy a foreign exchange gain of some ¥100 billion, it said.
The Ministry of Transportation and Communications yesterday inaugurated the Danjiang Bridge across the Tamsui River in New Taipei City, saying that the structure would be an architectural icon and traffic artery for Taiwan. Feted as a major engineering achievement, the Danjiang Bridge is 920m long, 211m tall at the top of its pylon, and is the longest single-pylon asymmetric cable-stayed bridge in the world, the government’s Web site for the structure said. It was designed by late Iraqi-British architect Zaha Hadid. The structure, with a maximum deck of 70m, accommodates road and light rail traffic, and affords a 200m navigation channel for boats,
Taiwan Semiconductor Manufacturing Co (TSMC, 台積電), the world’s largest foundry service provider, yesterday said that global semiconductor revenue is projected to hit US$1.5 trillion in 2030, after the figure exceeds US$1 trillion this year, as artificial intelligence (AI) demand boosts consumption of token and compute power. “We are still at the beginning of the AI revolution, but we already see a significant impact across the whole semiconductor ecosystem,” TSMC deputy cochief operating officer Kevin Zhang (張曉強) said at the company’s annual technology symposium in Hsinchu City. “It is fair to say that in the past decade, smartphones and other mobile devices were
US-CHINA SUMMIT: MOFA welcomed US reassurance of no change in its Taiwan policy; Trump said he did not comment when Xi talked of opposing independence US President Donald Trump yesterday said he has not made a decision on whether to move forward with a major arms package for Taiwan after hearing concerns about it from Chinese President Xi Jinping (習近平). Trump’s comments on Taiwan came as he flew back to Washington after wrapping up critical talks in which both leaders said important progress was made in stabilizing US-China relations even as deep differences persist between the world’s two biggest powers on Iran and Taiwan. “I will make a determination,” Trump said, adding: “I’ll be making decisions. But, you know, I think the last thing we need right
TAIWAN ISSUE: US treasury secretary Scott Bessent said on the first day of meetings that ‘it wouldn’t be a US-China summit without the Taiwan issue coming up’ There were no surprises on the first day of the summit between US President Donald Trump and Chinese President Xi Jinping (習近平), the Mainland Affairs Council (MAC) said yesterday, as the government reiterated that cross-strait stability is crucial to the Asia-Pacific region, as well as the world. As the two presidents met for a highly anticipated summit yesterday, Chinese state media reported that Xi warned Trump that missteps regarding Taiwan could push their two countries into “conflict.” Trump arrived in China with accolades for his host, calling Xi a “great leader” and “friend,” and extending an invitation to visit the White House
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