Domestically made mobile phones are taking market share from foreign rivals in Taiwan, according to survey results released yesterday.
According to the poll, Inventec Co's (英業達) OKWAP brand handsets had 12.8 percent of the Taiwan market last month. Nokia kept its top spot with 17 percent.
Third was Motorola Inc, while two brands created by domestic manufacturers -- BenQ Corp (明基電通) and DBTEL Inc (大霸電子) -- placed in ninth and 10th, respectively.
Inventec has set a target of securing a 20 percent share in the domestic market, business sources said.
With the emergence of domestic brands in recent years, sales of mobile phones carrying brand names of companies based in Europe and the US have been on the decline. While Nokia and Motorola are still the most popular brands in Taiwan, their combined market share fell to less than 30 percent last month, the survey showed.
Industry sources said price is the key to sales of local brand handsets, which are NT$2,000 to NT$3,000 cheaper than foreign brands.
Mobile phones bearing Japanese and South Korean brand names are also enjoying rising sales in the domestic market, with four of them achieving a combined 30 percent market share last month, business sources said.
The Eurovision Song Contest has seen a surge in punter interest at the bookmakers, becoming a major betting event, experts said ahead of last night’s giant glamfest in Basel. “Eurovision has quietly become one of the biggest betting events of the year,” said Tomi Huttunen, senior manager of the Online Computer Finland (OCS) betting and casino platform. Betting sites have long been used to gauge which way voters might be leaning ahead of the world’s biggest televised live music event. However, bookmakers highlight a huge increase in engagement in recent years — and this year in particular. “We’ve already passed 2023’s total activity and
Nvidia Corp CEO Jensen Huang (黃仁勳) today announced that his company has selected "Beitou Shilin" in Taipei for its new Taiwan office, called Nvidia Constellation, putting an end to months of speculation. Industry sources have said that the tech giant has been eyeing the Beitou Shilin Science Park as the site of its new overseas headquarters, and speculated that the new headquarters would be built on two plots of land designated as "T17" and "T18," which span 3.89 hectares in the park. "I think it's time for us to reveal one of the largest products we've ever built," Huang said near the
China yesterday announced anti-dumping duties as high as 74.9 percent on imports of polyoxymethylene (POM) copolymers, a type of engineering plastic, from Taiwan, the US, the EU and Japan. The Chinese Ministry of Commerce’s findings conclude a probe launched in May last year, shortly after the US sharply increased tariffs on Chinese electric vehicles, computer chips and other imports. POM copolymers can partially replace metals such as copper and zinc, and have various applications, including in auto parts, electronics and medical equipment, the Chinese ministry has said. In January, it said initial investigations had determined that dumping was taking place, and implemented preliminary
Intel Corp yesterday reinforced its determination to strengthen its partnerships with Taiwan’s ecosystem partners including original-electronic-manufacturing (OEM) companies such as Hon Hai Precision Industry Co (鴻海精密) and chipmaker United Microelectronics Corp (UMC, 聯電). “Tonight marks a new beginning. We renew our new partnership with Taiwan ecosystem,” Intel new chief executive officer Tan Lip-bu (陳立武) said at a dinner with representatives from the company’s local partners, celebrating the 40th anniversary of the US chip giant’s presence in Taiwan. Tan took the reins at Intel six weeks ago aiming to reform the chipmaker and revive its past glory. This is the first time Tan