Nippon Polaroid's TV plans
Nippon Polaroid KK is to enter the flat-panel television market in Japan, a news report said yesterday. The Japanese arm of US camera producer Polaroid Corp plans to launch a 32-inch model priced at about ¥100,000 (US$847) and a 20-inch model for around ¥70,000, according to Japanese business daily Nihon Keizai Shimbun. The TVs will be on sale from early next month, the report said. Nippon Polaroid plans to procure the TVs from a Taiwanese manufacturer, which was not named in the report.
Overseas sales boom
Overseas markets are accounting for a higher percentage of sales for listed Japanese companies, reaching 50.6 percent on average, a report said yesterday. The figure compares with 42 percent of sales overseas in a fiscal 2001 study for the same firms, the Nihon Keizai Shimbun business daily reported, citing April-September earnings reports released last Friday. The automobile and electrical machinery sectors saw the percentage of overseas sales rise further, in part because the weaker yen caused yen-based sales to balloon, it said. The six major automakers generated 76 percent of their sales abroad, while six major electronics manufacturers logged 51 percent of their sales in overseas markets, it said.
Pfizer in Viagra battle
US pharmaceutical giant Pfizer has taken a Chinese pharmaceutical company to court over infringing its copyright for its erectile dysfunction drug Viagra, state media reported yesterday. The case against Guangzhou Welman pharmaceutical company was heard in a Beijing court on Thursday but a verdict was not delivered immediately, the Beijing News reported. The legal action comes after Pfizer won a court ruling upholding its China patent for Viagra in June. Pfizer had originally obtained a Chinese patent license for Viagra in 2001 but the country's patent review board, the State Intellectual Property Office, revoked the license in July 2004 following complaints by 12 Chinese pharmaceutical companies.
New law attracts interest
More than 10 foreign lenders have expressed an interest in setting up new local operations in China following the release of new rules governing foreign-funded banks, state media reported yesterday. Foreign banks which have shown an interest in transferring operating branches into locally registered corporations include HSBC, Standard Chartered and Hang Seng Bank, the China Daily said. The new rules will allow foreign banks access to the local currency retail market and subject them to the same regulatory requirements as that of local banks.
Search rivals join forces
Internet search rivals Google, Yahoo and Microsoft formed an alliance on Thursday to support a shared standard regarding how Web sites are pinpointed for their indexes. The "joint initiative" was intended to make it easier for Web masters to let Internet search engines know what their online pages contained, according to Google. Search engines could use the information gathered in the "Web crawl" process to better tailor results for their users. Yahoo and Microsoft announced they would each support Google's "Sitemaps 0.90" protocol instead of using different standards for submissions by Web masters.
EFFICIENCY: The rules for Philippine arrivals were revised after 17.6% of arrivals with symptoms tested positive, compared with 0.7% of those with no symptoms Starting today, Chinese spouses who hold a reunion permit can apply to enter Taiwan and travelers without symptoms from the Philippines do not need to be tested for COVID-19 upon arrival, but are to be tested after a 14-day quarantine, the Central Epidemic Command Center (CECC) said yesterday. Minister of Health and Welfare Chen Shih-chung (陳時中), who heads the center, said that from today, Chinese who are married to a Taiwanese citizen and hold a reunion permit can apply to the National Immigration Agency for entry into Taiwan. Chinese who are married to a foreign national and hold an accompanied reunion permit
PENGHU INSPECTION: Taiwan cannot let its enemies strut around in its airspace, Tsai said, one day after a Chinese spokesman denied a median line exists in the Taiwan Strait Following China’s assertion on Monday that there is no “median line” in the Taiwan Strait, President Tsai Ing-wen (蔡英文) yesterday pledged to defend the nation’s airspace during a visit to an air force base in Penghu, saying that Taiwan cannot allow others to flex their military muscle in its territorial airspace. Tsai praised the “heroic performance” of the pilots of the Indigenous Defense Fighters who have been intercepting Chinese People’s Liberation Army Air Force planes in recent days. “I have a lot of confidence in you. As soldiers of the Republic of China [ROC], how could we let enemies strut
CONSOLIDATION? Taiwan Thinktank deputy executive-general Doong Sy-chi said Beijing’s intimidation tactics are further alienating those who identify as Chinese Only 2 percent of respondents to a poll on constitutional amendments and national identity identified as Chinese, while 62.6 percent identified as Taiwanese, the Taiwan Thinktank said yesterday. Legislators have proposed amendments to the Additional Articles of the Constitution (憲法增修條文), which would change the definition of the nation’s territory, remove the Taiwan Provincial Government as an entity, prioritize the use of “Taiwan” for national groups at international events, and remove restrictions on defining the national emblem, national flag and national anthem. The poll showed that 80.5 percent of respondents agreed that the nation should participate as “Taiwan” at events organized by world
BALANCED DEVELOPMENT: TSMC chairman Mark Liu said the firm is committed to local investment: a third in the north, a third in the center, a third in the south Taiwan Semiconductor Manufacturing Co (TSMC, 台積電), the world’s biggest contract chipmaker, yesterday said that, based on its strategy of balancing capacity, it plans to make northern Taiwan its manufacturing hub for advanced technologies that go beyond 2 nanometers. “As the company is committed to investing in Taiwan, we try to deploy one-third [of our total production capacity] in the north and have one-third each in the center and south” of the nation, TSMC chairman Mark Liu (劉德音) told reporters on the sidelines of Semicon Taiwan’s Master Forum in Taipei. TSMC last year reached its goal of deploying capacity equally across those parts