Japan's Fujitsu Ltd and IBM Corp of the US are in talks toward forming a broad tie-up, a Fujitsu official said yesterday.
"The two companies began discussing the possibility of cooperating in broad areas, including software and hardware," said Naomi Ogawa, a spokeswoman of Fujitsu.
Ogawa said no specific deal had yet to be struck.
The Nihon Keizai business daily reported yesterday that Fujitsu and IBM are negotiating to jointly develop software for corporate clients to cut costs as sagging demand for computers and other hardware hurts earnings.
Louis Gerstner Jr., IBM chairman and chief executive officer, and Toshiba President Naoyuki Akikusa agreed to the talks at a meeting in Tokyo late last month, the newspaper said, without citing a source.
A final agreement is expected by the end of this year, the daily said. IBM and Fujitsu, among the world's largest computer makers.
Real estate agent and property developer JSL Construction & Development Co (愛山林) led the average compensation rankings among companies listed on the Taiwan Stock Exchange (TWSE) last year, while contract chipmaker Taiwan Semiconductor Manufacturing Co (TSMC, 台積電) finished 14th. JSL Construction paid its employees total average compensation of NT$4.78 million (US$159,701), down 13.5 percent from a year earlier, but still ahead of the most profitable listed tech giants, including TSMC, TWSE data showed. Last year, the average compensation (which includes salary, overtime, bonuses and allowances) paid by TSMC rose 21.6 percent to reach about NT$3.33 million, lifting its ranking by 10 notches
Popular vape brands such as Geek Bar might get more expensive in the US — if you can find them at all. Shipments of vapes from China to the US ground to a near halt last month from a year ago, official data showed, hit by US President Donald Trump’s tariffs and a crackdown on unauthorized e-cigarettes in the world’s biggest market for smoking alternatives. That includes Geek Bar, a brand of flavored vapes that is not authorized to sell in the US, but which had been widely available due to porous import controls. One retailer, who asked not to be named, because
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