Taiwan’s Hon Hai Precision Industry Co (鴻海精密), the world’s biggest contract manufacturer of electronics, announced on Thursday a sponsorship deal with local table tennis player Chuang Chih-yuan (莊智淵) to help nurture more athletes in the country.
Hon Hai, which assembles iPhones and iPads for Apple Inc, said it will offer Chuang NT$6 million (US$204,600) per year over a 10-year period, starting this year.
In addition, the company said, it will spend nearly NT$6 million to upgrade Chuang’s table tennis center in Greater Kaohsiung.
Hon Hai Chairman Terry Gou (郭台銘) said at a press conference that he was touched by Chuang’s efforts to nurture younger players, despite his limited resources.
There are many people like Chuang in Taiwan, who are doing their work quietly, and are role models in the sports world and prime examples of social responsibility, Gou said.
On the question of whether he plans to build or buy a professional baseball team in Taiwan, Gou said there are too many sectors in Taiwan that need sponsorship and such actions would have to be taken step by step.
In May, Taiwan won its first title at the World Table Tennis Championships in Paris when Chuang and his partner, Chen Chien-an (陳建安), ended China’s run of 10 consecutive title wins.
Before that, only one Taiwanese had ever entered a title match in the biennial event. Chen Jing (陳靜), a former Chinese national, represented Taiwan and won silver in the women’s singles in 1993.
Chen has been attracting growing attention since he beat China’s Zhang Jike, the men’s singles gold medalist at last year’s London Olympics, during the World Team Classic in March.
To many, Tatu City on the outskirts of Nairobi looks like a success. The first city entirely built by a private company to be operational in east Africa, with about 25,000 people living and working there, it accounts for about two-thirds of all foreign investment in Kenya. Its low-tax status has attracted more than 100 businesses including Heineken, coffee brand Dormans, and the biggest call-center and cold-chain transport firms in the region. However, to some local politicians, Tatu City has looked more like a target for extortion. A parade of governors have demanded land worth millions of dollars in exchange
An Indonesian animated movie is smashing regional box office records and could be set for wider success as it prepares to open beyond the Southeast Asian archipelago’s silver screens. Jumbo — a film based on the adventures of main character, Don, a large orphaned Indonesian boy facing bullying at school — last month became the highest-grossing Southeast Asian animated film, raking in more than US$8 million. Released at the end of March to coincide with the Eid holidays after the Islamic fasting month of Ramadan, the movie has hit 8 million ticket sales, the third-highest in Indonesian cinema history, Film
Taiwan Semiconductor Manufacturing Co’s (TSMC, 台積電) revenue jumped 48 percent last month, underscoring how electronics firms scrambled to acquire essential components before global tariffs took effect. The main chipmaker for Apple Inc and Nvidia Corp reported monthly sales of NT$349.6 billion (US$11.6 billion). That compares with the average analysts’ estimate for a 38 percent rise in second-quarter revenue. US President Donald Trump’s trade war is prompting economists to retool GDP forecasts worldwide, casting doubt over the outlook for everything from iPhone demand to computing and datacenter construction. However, TSMC — a barometer for global tech spending given its central role in the
Alchip Technologies Ltd (世芯), an application-specific integrated circuit (ASIC) designer specializing in server chips, expects revenue to decline this year due to sagging demand for 5-nanometer artificial intelligence (AI) chips from a North America-based major customer, a company executive said yesterday. That would be the first contraction in revenue for Alchip as it has been enjoying strong revenue growth over the past few years, benefiting from cloud-service providers’ moves to reduce dependence on Nvidia Corp’s expensive AI chips by building their own AI accelerator by outsourcing chip design. The 5-nanometer chip was supposed to be a new growth engine as the lifecycle
RSS