Namchow Group (
The two-floor restaurant, Salt & Bread, also marks Namchow's first move to grab share in the nation's competitive dining market after having opened six restaurants in Shanghai over the past seven years.
"Although Taiwan has only about 200 Russians, we believe Taipei residents' interest in trying out new things and accepting different cultures would be the main factor supporting this place," group chairman Alfred Chen (陳飛龍) said.
Nanchow, established in 1952, manufactures frozen dough, cookies, noodles and cooking oil, and imports products by Haagen-Dazs and Kellogg's.
The company's strong backing has allowed the restaurant to reduce costs by having most foodstuffs produced locally, said Elly Chou (
Chen was cautious on when the restaurant, with initial investment of NT$50 million (US$1.5 million), would break even, saying that he hopes the business "can increase in value by five or six times in seven years."
He plans to expand further.
"Next step: we want to build a dining tower in Bangkok, Thailand," he said.
ASML Holding NV’s new advanced chip machines have a daunting price tag, said Taiwan Semiconductor Manufacturing Co (TSMC, 台積電), one of the Dutch company’s biggest clients. “The cost is very high,” TSMC senior vice president Kevin Zhang (張曉強) said at a technology symposium in Amsterdam on Tuesday, referring to ASML’s latest system known as high-NA extreme ultraviolet (EUV). “I like the high-NA EUV’s capability, but I don’t like the sticker price,” Zhang said. ASML’s new chip machine can imprint semiconductors with lines that are just 8 nanometers thick — 1.7 times smaller than the previous generation. The machines cost 350 million euros (US$378 million)
EXPLOSION: A driver who was transporting waste material from the site was hit by a blunt object after an uncontrolled pressure release and thrown 6m from the truck Taiwan Semiconductor Manufacturing Co (TSMC, 台積電) said yesterday there was no damage to its facilities after an incident at its Arizona factory construction site where a waste disposal truck driver was transported to hospital. Firefighters responded to an explosion on Wednesday afternoon at the TSMC plant in Phoenix, the Arizona Republic reported, citing the local fire department. Cesar Anguiano-Guitron, 41, was transporting waste material from the project site and stopped to inspect the tank when he was made aware of a potential problem, a police report seen by Bloomberg News showed. Following an “uncontrolled pressure release,” he was hit by a blunt
Quanta Computer Inc (廣達), which makes servers and laptop computers on a contract basis, yesterday said it expects artificial intelligence (AI) devices to bring explosive growth to Taiwan’s electronics industry, as AI applications are starting to run on edge devices such as AI PCs. Taiwanese electronics manufacturers such as chipmakers, component suppliers and hardware assemblers are likely to benefit from a rapid uptake of AI applications, Mike Yang (楊麒令), president of Quanta Cloud Technology Inc (雲達科技), a server manufacturing arm of Quanta, told reporters on the sidelines of a technology forum in Taipei yesterday. “I believe the growth potential is promising once
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