AmCham stresses copyrights
A six-member delegation from the American Chamber of Commerce in Taipei (AmCham) yesterday called on Legislative Yuan Speaker Wang Jin-pyng (王金平) to discuss upcoming legislative bills considered crucial to Taiwan's business climate.
At a meeting with Wang, Am-Cham emphasized the importance of passing the proposed amendments to the Copyright Law (著作權法) during the fall legislative session.
"This is the single most important thing that the Taiwan government can do this year to increase investment confidence," AmCham president Andrea Wu (吳王小珍) said in a statement.
This is something Washington is watching very closely as well, Wu said, noting that the fate of this bill would affect the progress of bilateral trade relations.
The delegation also advised Wang about another AmCham priority item: a bill to safeguard the confidentiality of proprietary data submitted by pharmaceutical companies in the course of registering their products in the local market.
Quanta to buy back shares
Quanta Computer Inc (廣達電腦), the world's largest notebook computer maker, said it plans to spend as much as NT$1.3 billion (US$38.06 million) on a share buyback.
Quanta Computer may buy as many as 20 million shares at up to NT$65 each, the company said in a statement to the Taiwan Stock Exchange.
The buyback period started yesterday and will last until Oct. 5.
The plan follows the company's announcement on May 6 that it planned to buy as many as 40 million shares at up to NT$90 each during a two-month period ending July 5.
Chi Mei sales soar
Chi Mei Optoelectronics Corp's (奇美電子) sales last month rose to NT$7.7 billion (US$225.5 million) from NT$4.7 billion in July last year, the company said yesterday in a statement to the Taiwan Stock Exchange.
On Thursday, Chi Mei told investors that last month's sales figures would be lower than June's NT$9.9 billion as screen prices started to slide.
Prices of liquid-crystal displays (LCDs) used in computers and televisions have fallen by more than 10 percent since last month because of oversupply, according to the Taipei-based market researcher WitsView Technology Corp (聯景科技).
Prices of screens measuring 17 inches diagonally, which are used in computer monitors, have dropped to US$250 from US$280 in July, according to WitsView.
Hualien-Seoul flights instituted
TransAsia Airways (復興航空) will inaugurate charter flight services between Hualien and Seoul tomorrow, the Civil Aeronautics Administra-tion (CAA) said yesterday.
It will mark the first time that an international charter flight will take off from Hualien Airport since the CAA opened the airport for full-fledged international charter flight services in April last year.
In the past, Hualien Airport was only allowed to operate charter flights to Japan.
TransAsia will use an Airbus A321 plane for its maiden Hualien-Seoul charter flight, CAA officials said.
The carrier will operate 12 round-trip Hualien-Seoul charter flights from tomorrow until Aug. 22.
The Sunday flight will also be the first international charter flight since Hualien Airport's new passenger terminal was inaugurated last year.
NT dollar weakens
The New Taiwan dollar yesterday turned weak against its US counterpart, declining NT$0.001 to close at NT$34.156 on the Taipei foreign exchange market.
Turnover was US$365 million.
AI REVOLUTION: The event is to take place from Wednesday to Friday at the Taipei Nangang Exhibition Center’s halls 1 and 2 and would feature more than 1,100 exhibitors Semicon Taiwan, an annual international semiconductor exhibition, would bring leaders from the world’s top technology firms to Taipei this year, the event organizer said. The CEO Summit is to feature nine global leaders from Taiwan Semiconductor Manufacturing Co (TSMC, 台積電), ASE Technology Holding Co (ASE, 日月光投控), Applied Materials Inc, Google, Samsung Electronics Co, SK Hynix Inc, Microsoft Corp, Interuniversity Microelectronic Centre and Marvell Technology Group Ltd, SEMI said in a news release last week. The top executives would delve into how semiconductors are positioned as the driving force behind global technological innovation amid the artificial intelligence (AI) revolution, the organizer said. Among them,
Demand for artificial intelligence (AI) chips should spur growth for the semiconductor industry over the next few years, the CEO of a major supplier to Taiwan Semiconductor Manufacturing Co (TSMC, 台積電) said, dismissing concerns that investors had misjudged the pace and extent of spending on AI. While the global chip market has grown about 8 percent annually over the past 20 years, AI semiconductors should grow at a much higher rate going forward, Scientech Corp (辛耘) chief executive officer Hsu Ming-chi (許明琪) told Bloomberg Television. “This booming of the AI industry has just begun,” Hsu said. “For the most prominent
Former Taiwan Semiconductor Manufacturing Co (TSMC, 台積電) chairman Mark Liu (劉德音) yesterday warned against the tendency to label stakeholders as either “pro-China” or “pro-US,” calling such rigid thinking a “trap” that could impede policy discussions. Liu, an adviser to the Cabinet’s Economic Development Committee, made the comments in his keynote speech at the committee’s first advisers’ meeting. Speaking in front of Premier Cho Jung-tai (卓榮泰), National Development Council (NDC) Minister Paul Liu (劉鏡清) and other officials, Liu urged the public to be wary of falling into the “trap” of categorizing people involved in discussions into either the “pro-China” or “pro-US” camp. Liu,
Minister of Economic Affairs J.W. Kuo (郭智輝) yesterday said Taiwan’s government plans to set up a business service company in Kyushu, Japan, to help Taiwanese companies operating there. “The company will follow the one-stop service model similar to the science parks we have in Taiwan,” Kuo said. “As each prefecture is providing different conditions, we will establish a new company providing services and helping Taiwanese companies swiftly settle in Japan.” Kuo did not specify the exact location of the planned company but said it would not be in Kumamoto, the Kyushu prefecture in which Taiwan Semiconductor Manufacturing Company (TSMC, 台積電) has a
RSS