The nation’s three biggest telecoms yesterday received formal permission from the National Communications Commission (NCC) to provide fourth-generation (4G) services in Taiwan.
The three companies — Chunghwa Telecom Co (中華電信), Taiwan Mobile Co (台灣大) and Far EasTone Telecommunications Co (遠傳電信) — won 4G, or long-term evolution (LTE), spectrum licenses through a government-held auction in October last year. They are expected to launch 4G services in the first half of this year, the commission said in a statement.
Chunghwa, the nation’s largest telecom by revenue, yesterday said that it plans to roll out 4G services in July.
“Our key goal for this year is focused on business development, with an emphasis on the 4G, enterprise revenue and fiber segments,” Chunghwa Telecom chairman and chief executive Rick Tsai (蔡力行) said in a statement. “Our aim is to acquire at least 40 percent of the 4G market by the end of 2014.”
At the 4G spectrum auction completed on Oct. 30 last year, Chunghwa secured the B2 block in the 900MHz frequency band, as well as C2 and C5 blocks in the 1,800MHz frequency band at a total cost of NT$39.08 billion (US$1.29 billion).
Taiwan Mobile acquired the A4 frequency block in the 700MHz spectrum and the C1 block in the 1,800MHz spectrum for NT$29.01 billion, while Far EasTone won the A2 block in the 700MHz spectrum, as well as the C2 and the C4 blocks in the 1,800MHz frequency band for NT$31.32 billion.
Taiwan Mobile, the second-largest telecom, is also scheduled to launch its 4G service in July, the company said.
“Taiwan Mobile aims to lead the 4G market with the highest network coverage rate, the fastest connection speed and the most stable service,” president James Cheng (鄭俊卿) said in the statement.
The company plans to offer consumers 17 4G smartphones and tablets when its 4G network is inaugurated, Cheng said. They will include its own-brand Amazing products, as well as models from Samsung Electronics Co, HTC Corp (宏達電), Sony Corp and LG Electronics Co, he added.
Far EasTone is also positioning itself to grab a slice of the lucrative 4G market.
The nation’s third-largest telecom last month unveiled an Alcatel-made mid-tier 4G smartphone and plans to introduce a large-screen model this month in partnership with Hon Hai Precision Industry Co (鴻海精密).
However, Primasia Securities Co analyst Filia Lin said “the relatively immature ecosystem” for the 700MHz frequency may cap Taiwan Mobile’s and Far EasTone’s growth potential in the 4G market.
So far, only four out of 35 LTE-compatible smartphones support the 700MHz frequency, so the two companies may need to provide more incentives to subscribers when launching their 4G services, which implies a risk to their earnings outlook, Lin said in a report.
“The majority of consumers still value brands over specifications,” Lin said. “Major brands will launch more compatible models in the second half, but it is uncertain about the iPhone.”
It was late morning and steam was rising from water tanks atop the colorful, but opaque-windowed, “soapland” sex parlors in a historic Tokyo red-light district. Walking through the narrow streets, camera in hand, was Beniko — a former sex worker who is trying to capture the spirit of the area once known as Yoshiwara through photography. “People often talk about this neighborhood having a ‘bad history,’” said Beniko, who goes by her nickname. “But the truth is that through the years people have lived here, made a life here, sometimes struggled to survive. I want to share that reality.” In its mid-17th to
‘MAKE OR BREAK’: Nvidia shares remain down more than 9 percent, but investors are hoping CEO Jensen Huang’s speech can stave off fears that the sales boom is peaking Shares in Nvidia Corp’s Taiwanese suppliers mostly closed higher yesterday on hopes that the US artificial intelligence (AI) chip designer would showcase next-generation technologies at its annual AI conference slated to open later in the day. The GPU Technology Conference (GTC) in California is to feature developers, engineers, researchers, inventors and information technology professionals, and would focus on AI, computer graphics, data science, machine learning and autonomous machines. The event comes at a make-or-break moment for the firm, as it heads into the next few quarters, with Nvidia CEO Jensen Huang’s (黃仁勳) keynote speech today seen as having the ability to
State-run CPC Corp, Taiwan (CPC, 台灣中油) yesterday signed a letter of intent with Alaska Gasline Development Corp (AGDC), expressing an interest to buy liquefied natural gas (LNG) and invest in the latter’s Alaska LNG project, the Ministry of Economic Affairs said in a statement. Under the agreement, CPC is to participate in the project’s upstream gas investment to secure stable energy resources for Taiwan, the ministry said. The Alaska LNG project is jointly promoted by AGDC and major developer Glenfarne Group LLC, as Alaska plans to export up to 20 million tonnes of LNG annually from 2031. It involves constructing an 1,290km
NEXT GENERATION: The company also showcased automated machines, including a nursing robot called Nurabot, which is to enter service at a Taichung hospital this year Hon Hai Precision Industry Co (鴻海精密) expects server revenue to exceed its iPhone revenue within two years, with the possibility of achieving this goal as early as this year, chairman Young Liu (劉揚偉) said on Tuesday at Nvidia Corp’s annual technology conference in San Jose, California. AI would be the primary focus this year for the company, also known as Foxconn Technology Group (富士康科技集團), as rapidly advancing AI applications are driving up demand for AI servers, Liu said. The production and shipment of Nvidia’s GB200 chips and the anticipated launch of GB300 chips in the second half of the year would propel