While the COVID-19 pandemic has done a number to the food service industry across the globe, American chain restaurant Texas Roadhouse has weathered the storm. By conserving resources, reducing expenses and employing proactive marketing strategies, Texas Roadhouse was able to maintain a steady foothold through the crisis.
According to the Ministry of Economic Affairs, Taiwan’s food and beverage industry revenue dropped by about 23 percent in March and April. But as the pandemic eases in Taiwan, restaurant sales rebounded to NT$61.9 billion in May -- a 29 percent jump from the previous month and just 8.7 percent below the same time last year. Hoping to ride the momentum of Taiwan’s economic resurgence, Texas Roadhouse has brought its fresh USDA choice hand-cut steaks to Taoyuan City’s Qingpu (青埔) area.
Qingpu has been growing rapidly in commercial activity since the establishment of Taoyuan’s High Speed Rail station in 2006 and Airport Line MRT station in 2017. The Shin Kong Cinema complex offers attractions such as the Xpark Aquarium and Cozzi Hotel, and the area is also home to the Gloria Outlets and an Ikea that just opened yesterday.
Photo courtesy of Texas Roadhouse
Texas Roadhouse’s Qingpu branch held its grand opening at the Shin Kong Cinema Complex on July 15, featuring a unique decor that fuses the chain’s trademark country cowboy style with Taiwanese elements. Overall, the space retains Texas Roadhouse’s trademark spacious wooden interior, with all wooden furniture directly imported from the US. Murals by David Carter provide the local element, as his work depicts Taiwanese imagery such as peach blossoms, Shimen Reservoir and Taoyuan International Airport.
“We made adjustments in response to market needs in our operations, finances and marketing strategies. Not only did we strive to provide the highest safety and virus prevention for our customers, we also strengthened our delivery avenues. As the pandemic becomes contained in Taiwan, our economy will rebound. We are very optimistic and confident about business for the next half of the year,” says Senior Vice President of Operations, Taiwan, Bayshore Pacific - Jeff Lee (李宏智).
In addition, this latest location is offering a “Crazy Raffle” promotion until Aug. 17. Anyone who orders the “New Summer Party” set meal (which includes a 10 oz. ribeye steak, four-bone pork ribs, two sides and two soft drinks) will have the chance to win an iPhone 11(256G) and AirPod Pro. (Advertorial)
Photo courtesy of Texas Roadhouse
SEMICONDUCTORS: The German laser and plasma generator company will expand its local services as its specialized offerings support Taiwan’s semiconductor industries Trumpf SE + Co KG, a global leader in supplying laser technology and plasma generators used in chip production, is expanding its investments in Taiwan in an effort to deeply integrate into the global semiconductor supply chain in the pursuit of growth. The company, headquartered in Ditzingen, Germany, has invested significantly in a newly inaugurated regional technical center for plasma generators in Taoyuan, its latest expansion in Taiwan after being engaged in various industries for more than 25 years. The center, the first of its kind Trumpf built outside Germany, aims to serve customers from Taiwan, Japan, Southeast Asia and South Korea,
Nvidia Corp chief executive officer Jensen Huang (黃仁勳) on Monday introduced the company’s latest supercomputer platform, featuring six new chips made by Taiwan Semiconductor Manufacturing Co (TSMC, 台積電), saying that it is now “in full production.” “If Vera Rubin is going to be in time for this year, it must be in production by now, and so, today I can tell you that Vera Rubin is in full production,” Huang said during his keynote speech at CES in Las Vegas. The rollout of six concurrent chips for Vera Rubin — the company’s next-generation artificial intelligence (AI) computing platform — marks a strategic
Gasoline and diesel prices at domestic fuel stations are to fall NT$0.2 per liter this week, down for a second consecutive week, CPC Corp, Taiwan (台灣中油) and Formosa Petrochemical Corp (台塑石化) announced yesterday. Effective today, gasoline prices at CPC and Formosa stations are to drop to NT$26.4, NT$27.9 and NT$29.9 per liter for 92, 95 and 98-octane unleaded gasoline respectively, the companies said in separate statements. The price of premium diesel is to fall to NT$24.8 per liter at CPC stations and NT$24.6 at Formosa pumps, they said. The price adjustments came even as international crude oil prices rose last week, as traders
Taiwan Semiconductor Manufacturing Co (TSMC, 台積電), which supplies advanced chips to Nvidia Corp and Apple Inc, yesterday reported NT$1.046 trillion (US$33.1 billion) in revenue for last quarter, driven by constantly strong demand for artificial intelligence (AI) chips, falling in the upper end of its forecast. Based on TSMC’s financial guidance, revenue would expand about 22 percent sequentially to the range from US$32.2 billion to US$33.4 billion during the final quarter of 2024, it told investors in October last year. Last year in total, revenue jumped 31.61 percent to NT$3.81 trillion, compared with NT$2.89 trillion generated in the year before, according to