Hi-Life to join Sunda Post
Hi-Life International Co (萊爾富), the nation's third-largest convenience store chain, yesterday announced an alliance with the private postal firm Sunda Post (上大郵通) to offer 24-hour mail collection services. With no more than 100 units, the mail would only be charged NT$3 each when each unit weighs under 100g, said Hi-Life, which offers such services in its 1,300 outlets nationwide.
The new service would greatly benefit restaurants, clothing stores and hair salons for mailing a large amount of coupons, or insurance and direct selling firms when mailing catalogues and flysheets, it added.
Before the service is available, Sunda Post would have to pick up mail at its customers' places for delivery as only the state-run Taiwan Post Co (臺灣郵政) has mailboxes set up on the streets.
Minicar recall excludes orders
Those who had placed orders for Smart ForTwo minicars need not to worry, as the latest recall did not affect them, the Taiwan branch of German-US automaker DaimlerChrysler said yesterday.
"Pre-order of the cars started in April and we haven't yet brought them to Taiwan's market, except for one test drive unit," a company's public relation source said.
The orders, currently amount to around 20 units, will be delivered only starting from next month, so buyers could be rest assured their cars are not affected by the problem, she said.
Worldwide, DaimlerChrysler will recall 1,650 Smart ForTwo minicars to check for steering problems.
Ministry gives go-ahead
Minister of Economic Affairs Steve Chen (陳瑞隆) yesterday confirmed that the ministry will give the go-ahead to Chinese investment projects from four chip testers and packagers in a regular review this week -- Advanced Semiconductor Engineering Inc (ASE, 日月光半導體), Siliconware Precision Industries Co (SPIL, 矽品精密), Greatek Electronics Inc (超豐) and Walton Advanced Engineering Inc (華東科技).
Chen said government official across the board found their investments would not bring a negative impact on local industry. Besides, those companies promised to invest more in their operation at home, he said.
CEPD approves power plants
The Council for Economic Planning and Development has approved a Ministry of Economic Affairs proposal to build offshore wind power plants, a spokesman said yesterday.
Taiwan theoretically has about 9 million kilowatts of potential wind power in costal areas, but only 1.2 million kilowatts of offshore wind power are exploitable after various restrictions are excluded, the spokesman said.
In order to ensure steady development, the government decided to implement the project in several phases, with the maximum wind power projected for the first phase set at 300,000kw.
IT firms to tour Vietnam
A delegation of Taiwanese computer firms is scheduled to make a five-day visit to Vietnam from July 1 to July 5 to seek new trade opportunities.
According to the Taipei Computer Association (TCA, 台北市電腦公會), the delegation will be headed by TCA board member Wang Chao-chun (王超群), chairman of Taipei-based LEO Systems Inc (國眾). Members of the group include senior executives of more than 10 companies in the information technology sector such as Chunghwa Telecom Co (中華電信), Tatung Co (大同) and Syscom Computer Engineering Co (凌群電腦).
During the delegation's stay in Ho Chih Minh City, it will attend a trade fair and visit IT-related associations and companies.
CLIENTS’ RIGHTS: Banking Bureau Deputy Director-General Lin Chih-chi said the buyer and Citibank Taiwan would need to disclose changes to branch operations DBS Bank Taiwan (星展台灣), the local unit of Singapore-based DBS Group Holdings Ltd, has reportedly won a bid to acquire Citibank Taiwan Ltd’s (花旗台灣) consumer banking business, but the two companies declined to confirm the report yesterday. Citibank Taiwan’s consumer banking business is to be sold for about NT$60 billion (US$2.17 billion) to DBS Taiwan, the Chinese-language Economic Daily News reported on Sunday. DBS Taiwan and its parent company are expediting the negotiations with the seller’s US-based parent company, while other local bidders, including Fubon Financial Holding Co (富邦金控) and Cathay Financial Holding Co (國泰金控), have dropped their bids, the report said. Citibank
Intel Corp yesterday said it has placed its first order with ASML Holding NV to purchase the semiconductor industry’s first TWINSCAN EXE: 5200 system, as the US chip giant aims to compete with Taiwan Semiconductor Manufacturing Co (TSMC, 台積電) in advancing to 2-nanometer process technology. The Dutch semiconductor equipment maker’s TWINSCAN EXE:5200 system is an extreme ultraviolet (EUV) high-volume production system with a high numerical aperture (NA) that can produce 220 wafers per hour, more than the 150 wafers that its previous generation TWINSCAN EXE:5000 system can handle. ASML aims to launch the new system in 2024. ASML president and chief
MediaTek Inc (聯發科), the world’s biggest 5G chip supplier, saw its ranking rise by one notch to No. 7 last year among world semiconductor vendors, as it benefited from the rapid 5G smartphone uptake in China after Huawei Technologies Co (華為) was forced to exit the market, Gartner Inc said in a report yesterday. MediaTek’s revenue soared 58.8 percent to US$17.45 billion last year from US$10.99 billion in 2020, outpacing the global semiconductor industry’s growth of 25 percent, according to Gartner’s tally. That gave MediaTek a 3 percent market share. The Hsinchu-based chip company ranked No. 8 in 2020, behind Texas Instruments
Siltronic AG cast doubt on a planned US$5.3 billion takeover by GlobalWafers Co (環球晶圓), saying the German Ministry of Economic Affairs and Climate Action’s feedback so far was opaque and offered no clear resolution on how to win approval for the deal. During recent discussions, the companies did not receive any information as to whether and under which conditions a clearance for the takeover might be issued, the German company said in a regulatory filing on Friday following a news report on remedies the companies have offered. In the ministry’s view “in this case, a mitigation agreement is apparently not suitable