Tai Tong Food & Beverage Group (瓦城泰統集團) is to open a restaurant today at E-Da Outlet Mall (義大世界購物廣場) in Greater Kaohsiung and one at Uni-Hankyu Department Store (統一阪急百貨) in Taipei by the end of next month.
Tai Tong runs three chains on both sides of the Taiwan Strait: Thai Town Cuisine (瓦城), Very Thai Restaurant (非常泰) and 1010 Hunan Cuisine (湘辣料理).
The Uni-Hankyu eatery is to be the group’s first under a new brand, also serving Thai food.
“Launching more outlets in department stores and malls may help raise demand alongside the retail sector’s sales seasons, such as Mother’s Day,” the group said in a statement yesterday.
Tai Tong has 70 percent of its restaurants in department stores or shopping malls.
Sales linked to Mother’s Day are expected to boost the group’s results this quarter compared with the first quarter, when sales totaled NT$196.62 million (US$6.52 million), up 22.3 percent from a year earlier.
Separately, Gourmet Master Co (美食達人), which operates the 85°C (85度C) coffee chain in Taiwan, China, Hong Kong, Australia and the US, posted NT$5.6 billion in consolidated revenue for the first four months, up 15.97 percent from a year ago, it said in a statement.
The company attributed the rise to two new US outlets and monthly same-store sales increases in China.
Napoleon Osorio is proud of being the first taxi driver to have accepted payment in bitcoin in the first country in the world to make the cryptocurrency legal tender: El Salvador. He credits Salvadoran President Nayib Bukele’s decision to bank on bitcoin three years ago with changing his life. “Before I was unemployed... And now I have my own business,” said the 39-year-old businessman, who uses an app to charge for rides in bitcoin and now runs his own car rental company. Three years ago the leader of the Central American nation took a huge gamble when he put bitcoin
TECH RACE: The Chinese firm showed off its new Mate XT hours after the latest iPhone launch, but its price tag and limited supply could be drawbacks China’s Huawei Technologies Co (華為) yesterday unveiled the world’s first tri-foldable phone, as it seeks to expand its lead in the world’s biggest smartphone market and steal the spotlight from Apple Inc hours after it debuted a new iPhone. The Chinese tech giant showed off its new Mate XT, which users can fold three ways like an accordion screen door, during a launch ceremony in Shenzhen. The Mate XT comes in red and black and has a 10.2-inch display screen. At 3.6mm thick, it is the world’s slimmest foldable smartphone, Huawei said. The company’s Web site showed that it has garnered more than
Demand for artificial intelligence (AI) chips should spur growth for the semiconductor industry over the next few years, the CEO of a major supplier to Taiwan Semiconductor Manufacturing Co (TSMC, 台積電) said, dismissing concerns that investors had misjudged the pace and extent of spending on AI. While the global chip market has grown about 8 percent annually over the past 20 years, AI semiconductors should grow at a much higher rate going forward, Scientech Corp (辛耘) chief executive officer Hsu Ming-chi (許明琪) told Bloomberg Television. “This booming of the AI industry has just begun,” Hsu said. “For the most prominent
PARTNERSHIPS: TSMC said it has been working with multiple memorychip makers for more than two years to provide a full spectrum of solutions to address AI demand Taiwan Semiconductor Manufacturing Co (TSMC, 台積電) yesterday said it has been collaborating with multiple memorychip makers in high-bandwidth memory (HBM) used in artificial intelligence (AI) applications for more than two years, refuting South Korean media report's about an unprecedented partnership with Samsung Electronics Co. As Samsung is competing with TSMC for a bigger foundry business, any cooperation between the two technology heavyweights would catch the eyes of investors and experts in the semiconductor industry. “We have been working with memory partners, including Micron, Samsung Memory and SK Hynix, on HBM solutions for more than two years, aiming to advance 3D integrated circuit
RSS