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.
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
Qualcomm Inc is strengthening its partnerships with Taiwan Semiconductor Manufacturing Co (TSMC, 台積電) and original design manufacturers (ODMs) in Taiwan as it expands its presence in the artificial intelligence (AI) computer market, CEO Cristiano Amon said in Taipei yesterday ahead of the annual Computex trade show. “Historically we’ve always been a very big customer of TSMC, and we continue to be,” Amon said during a media Q&A session. “For chip manufacturing, we’re among the largest fabless [semiconductor designers],” he said, noting that Qualcomm, a leading provider of mobile and AI-enabled chipsets, ships about 40 billion components every year, with TSMC being
‘FAILED EXPORT CONTROLS’: Jensen Huang said that Washington should maximize the speed of AI diffusion, because not doing so would give competitors an advantage Nvidia Corp cofounder and chief executive officer Jensen Huang (黃仁勳) yesterday criticized the US government’s restrictions on exports of artificial intelligence (AI) chips to China, saying that the policy was a failure and would only spur China to accelerate AI development. The export controls gave China the spirit, motivation and government support to accelerate AI development, Huang told reporters at the Computex trade show in Taipei. The competition in China is already intense, given its strong software capabilities, extensive technology ecosystems and work efficiency, he said. “All in all, the export controls were a failure. The facts would suggest it,” he said. “The US
NEW PRODUCTS: MediaTek has been diversifying its product lines to minimize operational risks as mobile chips remain the company’s biggest revenue source MediaTek Inc (聯發科), the world’s biggest supplier of smartphone chips, yesterday said the tape-out process for its first 2-nanometer chip would take place in September, paving the way for volume production of its most advanced chip, likely to be its next-generation flagship smartphone chip, around the year-end at the earliest. MediaTek has been leveraging advanced process technologies from its foundry partner, Taiwan Semiconductor Manufacturing Co (TSMC, 台積電), to build its flagship mobile phone chips, a segment it once relinquished and then recovered four years ago as it released its Dimensity series. In the semiconductor industry, a tape-out refers to the
RSS