Non-stop rains in the north during last week’s Lunar New Year holiday dampened business at most of the nation’s theme parks, but hotel operators in eastern Taiwan saw high occupancy rates as people spent more time indoors.
Parks in the north, such as Window On China Theme Park (小人國) in Taoyuan County, as well as Leofoo Village (六福村) amusement park in Hsinchu County, saw business decline by at least 30 percent during the holiday, the Chinese-language Economic Daily News reported yesterday.
Window On China saw traveler numbers plunge by half from Lunar New Year’s Eve, Feb. 13, through Friday compared with the same period of last year, to just more than 50,000 visitors.
The number of visitors at Leofoo Village was down by more than 30 percent to only 55,000 over this period.
Jianhushan Fancyworld (劍湖山世界) in Yunlin County fared better, as rains only affected attendance for three days.
Jianhushan’s attendance was similar to last year’s Lunar New Year holiday.
Despite the rains, this Lunar New Year break was a long one, totaling nine days and including two weekends, which resulted in many visitors staying at the theme park’s hotel during their visit.
The Formosan Aboriginal Cultural Village (九族文化村) in Nantou County reported 20 percent growth in visitor numbers to 120,000 from Feb. 13 through Friday.
The domestic unit of the Chinese-owned, Dutch-headquartered chipmaker Nexperia BV will soon be able to produce semiconductors locally within China, according to two company sources. Nexperia is at the center of a global tug-of-war over critical semiconductor technology, with a Dutch court in February ordering a probe into alleged mismanagement at the company. The geopolitical tussle has disrupted supply chains, with some carmakers reportedly forced to cut production due to chip shortages. Local production would allow Nexperia’s domestic arm, Nexperia Semiconductors (China) Ltd (安世半導體中國), to bypass restrictions in place since October on the supply of silicon wafers — etched with tiny components to
Singapore-based ride-hailing and delivery giant Grab Holdings Ltd has applied for regulatory approval to acquire the Taiwan operations of Germany-based Delivery Hero SE's Foodpanda in a deal valued at about US$600 million. Grab submitted the filing to the Fair Trade Commission on Friday last week, with the transaction subject to regulatory review and approval, the company said in a statement yesterday. Its independent governance structure would help foster a healthy and competitive market in Taiwan if the deal is approved, Grab said. Grab, which is listed on the NASDAQ, said in the filing that US-based Uber Technologies Inc holds about 13 percent of
Taiwan Semiconductor Manufacturing Co (TSMC, 台積電) yesterday received government approval to deploy its advanced 3-nanometer (3nm) process at its second fab currently under construction in Japan, the Ministry of Economic Affairs said in a news release. The ministry green-lit the plan for the facility in Kumamoto, which is scheduled to start installing equipment and come online in 2028 with a monthly production capacity of 15,000 12-inch wafers, the ministry said. The Department of Investment Review in June 2024 authorized a US$5.26 billion investment for the facility, slated to manufacture 6- to 12nm chips, significantly less advanced than 3nm process. At a meeting with
Taiwan’s food delivery market could undergo a major shift if Singapore-based Grab Holdings Ltd completes its planned acquisition of Delivery Hero SE’s Foodpanda business in Taiwan, industry experts said. Grab on Monday last week announced it would acquire Foodpanda’s Taiwan operations for US$600 million. The deal is expected to be finalized in the second half of this year, with Grab aiming to complete user migration to its platform by the first half of next year. A duopoly between Uber Eats and Foodpanda dominates Taiwan’s delivery market, a structure that has remained intact since the Fair Trade Commission (FTC) blocked Uber Technologies Inc’s