A California cafe is brewing up what it calls the world’s most expensive coffee — at US$75 a cup.
Klatch Coffee is serving the exclusive brew — the Elida Natural Geisha 803 — at its branches in southern California and San Francisco.
The 803 in the coffee’s name refers to the record-breaking US$803 per pound (0.45kg) the organic beans sold for at a recent auction after winning the Best of Panama coffee competition, said Bo Thiara, co-owner of the Klatch branch in San Francisco.
Photo: AP
He calls the annual competition the coffee world’s equivalent of the Oscars.
Only 45kg of the beans were available for purchase, and most went to Taiwan, Japan and China, Thiara said.
Klatch secured 4.5kg and is the only chain in North America to have it.
The coffee’s high quality and limited supply set off a bidding war that determined its astronomical price, topping last year’s winning beans that sold for US$601 per pound, Thiara said.
Klatch describes the coffee as a rare variety of Arabica from Panama that has a floral, tea-like flavor with hints of jasmine and berries.
The 4.5kg of beans would produce about 80 cups of coffee, Thiara said.
A few lucky coffee lovers on Wednesday got to try free samples at the San Francisco branch, where promotional signs are on display advertising the “World’s Most Expensive Coffee.”
One of them was San Francisco resident Lauren Svensson, who said it was “very different” from any coffee she had ever tasted.
“My mind was a little blown about the fact that a US$75 cup of coffee even exists, but it was shockingly good,” she said.
Her friend, Charlie Sinhaseni, also gave his free sample a positive review.
“When I first looked at it, I thought it would be hyperpretentious, and I would think of all the different notes for the coffee, but I was too busy enjoying it,” he said.
Taiwanese suppliers to Taiwan Semiconductor Manufacturing Co. (TSMC, 台積電) are expected to follow the contract chipmaker’s step to invest in the US, but their relocation may be seven to eight years away, Minister of Economic Affairs J.W. Kuo (郭智輝) said yesterday. When asked by opposition Chinese Nationalist Party (KMT) Legislator Niu Hsu-ting (牛煦庭) in the legislature about growing concerns that TSMC’s huge investments in the US will prompt its suppliers to follow suit, Kuo said based on the chipmaker’s current limited production volume, it is unlikely to lead its supply chain to go there for now. “Unless TSMC completes its planned six
Intel Corp has named Tasha Chuang (莊蓓瑜) to lead Intel Taiwan in a bid to reinforce relations between the company and its Taiwanese partners. The appointment of Chuang as general manager for Intel Taiwan takes effect on Thursday, the firm said in a statement yesterday. Chuang is to lead her team in Taiwan to pursue product development and sales growth in an effort to reinforce the company’s ties with its partners and clients, Intel said. Chuang was previously in charge of managing Intel’s ties with leading Taiwanese PC brand Asustek Computer Inc (華碩), which included helping Asustek strengthen its global businesses, the company
Power supply and electronic components maker Delta Electronics Inc (台達電) yesterday said second-quarter revenue is expected to surpass the first quarter, which rose 30 percent year-on-year to NT$118.92 billion (US$3.71 billion). Revenue this quarter is likely to grow, as US clients have front-loaded orders ahead of US President Donald Trump’s planned tariffs on Taiwanese goods, Delta chairman Ping Cheng (鄭平) said at an earnings conference in Taipei, referring to the 90-day pause in tariff implementation Trump announced on April 9. While situations in the third and fourth quarters remain unclear, “We will not halt our long-term deployments and do not plan to
TikTok abounds with viral videos accusing prestigious brands of secretly manufacturing luxury goods in China so they can be sold at cut prices. However, while these “revelations” are spurious, behind them lurks a well-oiled machine for selling counterfeit goods that is making the most of the confusion surrounding trade tariffs. Chinese content creators who portray themselves as workers or subcontractors in the luxury goods business claim that Beijing has lifted confidentiality clauses on local subcontractors as a way to respond to the huge hike in customs duties imposed on China by US President Donald Trump. They say this Chinese decision, of which Agence
RSS