US fast-food chain Burger King yesterday said it plans to raise the prices of some of its items in Taiwan “after careful evaluation of its operations.”
The adjustment, which is to take effect on Wednesday, is estimated to result in an average 5.8 percent price rise on its menu, Burger King said in a statement.
The average price of hamburgers at its restaurants is to rise between NT$4 and NT$20. The chain’s famous Whoppers are to rise by NT$11, with the Whopper Jr going up by NT$5, Cheesy Tendergrills up NT$4, Double Cod Fish Burgers up NT$10 and Double Beef Burgers up NT$20, the chain said.
Photo courtesy of Burger King
Some food items are to remain the same, including cheese fries, onion rings, and chocolate and strawberry sundaes, the company said.
All orders made via food delivery platforms are also retaining their prices, it said.
Several other chain restaurants in Taiwan, such as Kentucky Fried Chicken, McDonald’s, Din Tai Fung and Dain-Dain Hamburger — a local chain based in southern Taiwan — have also announced price increases in the past few weeks.
Burger King’s price hikes came after McDonald’s earlier this month raised prices on a number of its popular items, including its shoestring fries and potato cakes, fueled by rising input costs and exchange-rate fluctuations.
The cost of the signature Happy Meal on Wednesday last week increased NT$10, McDonald’s Taiwan said in a statement.
Beverages and snacks rose in price between NT$5 and NT$7 each.
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
The New Taiwan dollar and Taiwanese stocks surged on signs that trade tensions between the world’s top two economies might start easing and as US tech earnings boosted the outlook of the nation’s semiconductor exports. The NT dollar strengthened as much as 3.8 percent versus the US dollar to 30.815, the biggest intraday gain since January 2011, closing at NT$31.064. The benchmark TAIEX jumped 2.73 percent to outperform the region’s equity gauges. Outlook for global trade improved after China said it is assessing possible trade talks with the US, providing a boost for the nation’s currency and shares. As the NT dollar