The century-old French bakery chain Paul opened its Taiwan flagship store at a spot on Renai Circle in Taipei on Saturday, despite the bad weather brought by Typhoon Sinlaku.
“Despite the typhoon last weekend, our flamand were completely sold out before 10am,” Daphne Lai (賴郁芬), chairperson of Bon Paul Co (邦保羅), who is in charge of the store’s operations, said by telephone yesterday.
SPECIAL EDITIONS
One of the bakery’s exclusive items — and its most expensive at NT$600 each — are the double cheese flamand, which weigh 400g and are only made on Saturday and Sunday, six per day.
Company officials say 95 percent of their ingredients are imported directly from France.
Only fresh vegetables are provided by Taiwanese suppliers, they said.
Paul will offer up to 104 types of bread, with prices ranging between NT$48 and NT$600. The breads are pre-baked in France and frozen immediately for shipment to Taiwan, where they are defrosted and baked at the store.
The Renai store combines a restaurant, bakery and tea room, and nearly NT$30 million (US$939,000) was spent on the decor.
EXPANSION PLANS
The company expects the store’s annual sales to reach NT$100 million, as it is rather upbeat about the strong spending power in the area.
In the next five years, the company plans to open up to 20 outlets at department stores and shopping malls.
Founded in 1889, Paul now owns 350 stores in France, with a total of 500 stores in 25 countries.
Shares in Taiwan closed at a new high yesterday, the first trading day of the new year, as contract chipmaker Taiwan Semiconductor Manufacturing Co (TSMC, 台積電) continued to break records amid an artificial intelligence (AI) boom, dealers said. The TAIEX closed up 386.21 points, or 1.33 percent, at 29,349.81, with turnover totaling NT$648.844 billion (US$20.65 billion). “Judging from a stronger Taiwan dollar against the US dollar, I think foreign institutional investors returned from the holidays and brought funds into the local market,” Concord Securities Co (康和證券) analyst Kerry Huang (黃志祺) said. “Foreign investors just rebuilt their positions with TSMC as their top target,
REVENUE PERFORMANCE: Cloud and network products, and electronic components saw strong increases, while smart consumer electronics and computing products fell Hon Hai Precision Industry Co (鴻海精密) yesterday posted 26.51 percent quarterly growth in revenue for last quarter to NT$2.6 trillion (US$82.44 billion), the strongest on record for the period and above expectations, but the company forecast a slight revenue dip this quarter due to seasonal factors. On an annual basis, revenue last quarter grew 22.07 percent, the company said. Analysts on average estimated about NT$2.4 trillion increase. Hon Hai, which assembles servers for Nvidia Corp and iPhones for Apple Inc, is expanding its capacity in the US, adding artificial intelligence (AI) server production in Wisconsin and Texas, where it operates established campuses. This
H200 CHIPS: A source said that Nvidia has asked the Taiwanese company to begin production of additional chips and work is expected to start in the second quarter Nvidia Corp is scrambling to meet demand for its H200 artificial intelligence (AI) chips from Chinese technology companies and has approached contract manufacturer Taiwan Semiconductor Manufacturing Co (TSMC, 台積電) to ramp up production, sources said. Chinese technology companies have placed orders for more than 2 million H200 chips for this year, while Nvidia holds just 700,000 units in stock, two of the people said. The exact additional volume Nvidia intends to order from TSMC remains unclear, they said. A third source said that Nvidia has asked TSMC to begin production of the additional chips and work is expected to start in the second
US President Donald Trump on Friday blocked US photonics firm HieFo Corp’s US$3 million acquisition of assets in New Jersey-based aerospace and defense specialist Emcore Corp, citing national security and China-related concerns. In an order released by the White House, Trump said HieFo was “controlled by a citizen of the People’s Republic of China” and that its 2024 acquisition of Emcore’s businesses led the US president to believe that it might “take action that threatens to impair the national security of the United States.” The order did not name the person or detail Trump’s concerns. “The Transaction is hereby prohibited,”
RSS