Zoe International Co Ltd (展圓國際), which operates 10 restaurant chains with about 70 outlets in Taiwan and China, plans an initial public offering (IPO) by the end of 2015, following in the footsteps of Wowprime Corp (王品集團) and Tai Tong Food & Beverage Group (瓦城泰統集團).
“We plan to list on the Emerging Stock Market (興櫃市場) in the second half of 2015,” Zoe International chairman Chang Pao-ling (張寶鄰) told a press conference yesterday.
The company also plans to increase the number of its outlets to 200 in two years, mostly in China, Chang said.
Founded in 1999, Zoe International launched its restaurant business in Taiwan with the introduction of the Japanese chain brand Azabusabo (麻布茶房).
However, during the past 10 years, the company has established its own brands, such as Gen Tei Shoku (元定食), Perfume Dance Cafe (跳舞香水) and Tamagoya (蛋蛋屋).
The company plans to open 12 new outlets in Taiwan next year, which may boost its annual sales by more than 20 percent, Chang said.
The company launched its first Chinese outlet of Perfume Dance Cafe in Shanghai last month and plans to expand its business there through three brands — Perfume Dance Cafe, Tamagoya and Dain Ti Hill (代官山).
It is scheduled to open four more outlets in China before the end of this year and another 15 next year, Chang said.
Zoe International, which has 42 restaurant outlets in Taiwan and 25 in China, reported consolidated sales of NT$2 billion (US$67.55 million) last year.
With this year’s Semicon Taiwan trade show set to kick off on Wednesday, market attention has turned to the mass production of advanced packaging technologies and capacity expansion in Taiwan and the US. With traditional scaling reaching physical limits, heterogeneous integration and packaging technologies have emerged as key solutions. Surging demand for artificial intelligence (AI), high-performance computing (HPC) and high-bandwidth memory (HBM) chips has put technologies such as chip-on-wafer-on-substrate (CoWoS), integrated fan-out (InFO), system on integrated chips (SoIC), 3D IC and fan-out panel-level packaging (FOPLP) at the center of semiconductor innovation, making them a major focus at this year’s trade show, according
DEBUT: The trade show is to feature 17 national pavilions, a new high for the event, including from Canada, Costa Rica, Lithuania, Sweden and Vietnam for the first time The Semicon Taiwan trade show, which opens on Wednesday, is expected to see a new high in the number of exhibitors and visitors from around the world, said its organizer, SEMI, which has described the annual event as the “Olympics of the semiconductor industry.” SEMI, which represents companies in the electronics manufacturing and design supply chain, and touts the annual exhibition as the most influential semiconductor trade show in the world, said more than 1,200 enterprises from 56 countries are to showcase their innovations across more than 4,100 booths, and that the event could attract 100,000 visitors. This year’s event features 17
Germany is to establish its first-ever national pavilion at Semicon Taiwan, which starts tomorrow in Taipei, as the country looks to raise its profile and deepen semiconductor ties with Taiwan as global chip demand accelerates. Martin Mayer, a semiconductor investment expert at Germany Trade & Invest (GTAI), Germany’s international economic promotion agency, said before leaving for Taiwan that the nation is a crucial partner in developing Germany’s semiconductor ecosystem. Germany’s debut at the international semiconductor exhibition in Taipei aims to “show presence” and signal its commitment to semiconductors, while building trust with Taiwanese companies, government and industry associations, he said. “The best outcome
Semiconductor equipment billings in Taiwan are expected to double this year, as manufacturers in the industry are keen to expand production to meet strong global demand for artificial intelligence applications, according to SEMI, which represents companies in the electronics manufacturing and design supply chain. Speaking at a news conference before the opening of Semicon Taiwan trade show tomorrow, SEMI director of industry research and statistics Clark Tseng (曾瑞榆) said semiconductor equipment billings in Taiwan are expected to grow by an annual 100 percent this year, beating an earlier estimate of 70 percent growth. He said that Taiwan received a boost from a
RSS