Compal Electronics Inc (仁寶電腦), which announced on Tuesday it would lay off more than 100 employees in Taiwan, denied yesterday it had mistreated its Chinese employees in Chengdu, Sichuan Province.
According to local media reports, more than 2,000 employees in Compal’s Chengdu plant took industrial action over the past few days over disputes about salaries and other benefits.
The reports said Chinese workers were required to work 28 days for about 2,200 yuan a month.
In an e-mailed statement issued yesterday, Compal said workers were allowed to take days off on a regular basis and received overtime pay.
The Taipei-based company said mediation for the labor dispute was under way, with some employees returning to work yesterday.
Compal president Ray Chen (陳瑞聰) said Chinese authorities had intervened to reconcile the conflict, adding that most media reports were incorrect.
“The incident does not bring significant impact to the company’s business operations,” Compal said in the statement. “There is no record showing that the company hired child labor.”
Compal said that the company’s production capacity in the Chengdu factory was enough to sustain shipment supplies.
In addtion, the company can also utilize capacities in Jiangsu Province to help fill shortages, it said.
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
RSS