■ Electronics
EA to release phone games
California-based computer game maker Electronic Arts will soon begin offering games for mobile phones. Among the titles in planning are "FIFA 06" soccer and "SimCity," the company announced recently. Additional games to be made compatible with mobile phones are "Need for Speed Most Wanted" and "The Sims 2." These games are expected to be released by the end of the year. The service providers will likely follow. Each game title will likely cost about US$5.
■ Hospitality
Luxury hampers on offer
A five-star hotel in Hong Kong was yesterday offering what may be the world's most expensive Christmas hamper with a HK$1 million (US$129,000) price tag. The hamper offered by the Ritz-Carlton includes champagne, caviar, cigars, diamond jewellery, vouchers for a stay in the hotel's presidential suite and a flight by a Gulfstream jet to Bali. The hamper is believed to be the most expensive ever offered in Hong Kong -- where the top-priced hamper last year was a US$48,888 offering from Sogo. It may also be the most expensive commercial hamper anywhere, although there is no such category in the Guinness Book of World Records. The basic ingredients of the Ritz-Carlton hamper are Krug champagne, caviar and Cuban cigars, along with vouchers for a three-day, two-night stay at the Ritz-Carlton's presidential suite. Buyers will have exclusive use of a Rolls Royce limousine and a gourmet dinner for six on the final night.
■ Electronics
Hitachi plans India offices
Hitachi Ltd, Japan's largest electronics maker, will open outsourcing centers in India to provide software development and system support services to Japanese clients in the US and Europe, the Nikkei English News reported yesterday. The Tokyo-based company will partner with Satyam Computer Services Ltd and Intelligroup Inc to open offices in Bangalore and Hyderabad, with 200 employees, the report said, citing company officials it didn't identify. The company expects to hire up to 1,000 employees in two years, it said. Hitachi plans to increase the share of overseas revenue in its information and communications business to 40 percent by 2007, according to the report.
■ Auto industry
Toyota profits to hit record
Toyota Motor Corp's net profit for the year to March next year is expected to hit a record US$10.4 billion thanks to brisk sales and a weak yen, the Nihon Keizai Shimbun reported yesterday. Toyota is scheduled to announced its interim earnings report on Friday. The company is likely to report a group net profit of ¥1.2 trillion (US$10.4 billion), an all-time high for the fourth consecutive year, up 2 percent from the previous year, the paper said. Operating profit is expected to increase 5 percent to a record ¥1.75 trillion for the year on sales seen to gain 8 percent to about ¥20 trillion, the business daily said. The exchange rate is currently running around ¥115 to the dollar, against the company's assumed rate of ¥105. If the current rate continues until year's end, Toyota is expected to enjoy a foreign exchange gain of some ¥100 billion, it said.
SILICON VALLEY HUB: The office would showcase Taiwan’s strengths in semiconductors and artificial intelligence, and help Taiwanese start-ups connect with global opportunities Taiwan has established an office in Palo Alto, one of the principal cities of Silicon Valley in California, aimed at helping Taiwanese technology start-ups gain global visibility, the National Development Council said yesterday. The “Startup Island Taiwan Silicon Valley hub” at No. 299 California Avenue is focused on “supporting start-ups and innovators by providing professional consulting, co-working spaces, and community platforms,” the council said in a post on its Web site. The office is the second overseas start-up hub established by the council, after a similar site was set up in Tokyo in September last year. Representatives from Taiwanese start-ups, local businesses and
EXPRESSING GRATITUDE: Without its Taiwanese partners which are ‘working around the clock,’ Nvidia could not meet AI demand, CEO Jensen Huang said Taiwan Semiconductor Manufacturing Co (TSMC, 台積電) and US-based artificial intelligence (AI) chip designer Nvidia Corp have partnered with each other on silicon photonics development, Nvidia founder and CEO Jensen Huang (黃仁勳) said. Speaking with reporters after he met with TSMC chairman C.C. Wei (魏哲家) in Taipei on Friday, Huang said his company was working with the world’s largest contract chipmaker on silicon photonics, but admitted it was unlikely for the cooperation to yield results any time soon, and both sides would need several years to achieve concrete outcomes. To have a stake in the silicon photonics supply chain, TSMC and
‘DETERRENT’: US national security adviser-designate Mike Waltz said that he wants to speed up deliveries of weapons purchased by Taiwan to deter threats from China US president-elect Donald Trump’s nominee for US secretary of defense, Pete Hegseth, affirmed his commitment to peace in the Taiwan Strait during his confirmation hearing in Washington on Tuesday. Hegseth called China “the most comprehensive and serious challenge to US national security” and said that he would aim to limit Beijing’s expansion in the Indo-Pacific region, Voice of America reported. He would also adhere to long-standing policies to prevent miscalculations, Hegseth added. The US Senate Armed Services Committee hearing was the first for a nominee of Trump’s incoming Cabinet, and questions mostly focused on whether he was fit for the
SHARED VALUES: The US, Taiwan and other allies hope to maintain the cross-strait ‘status quo’ to foster regional prosperity and growth, the former US vice president said Former US vice president Mike Pence yesterday vowed to continue to support US-Taiwan relations, and to defend the security and interests of both countries and the free world. At a meeting with President William Lai (賴清德) at the Presidential Office in Taipei, Pence said that the US and Taiwan enjoy strong and continued friendship based on the shared values of freedom, the rule of law and respect for human rights. Such foundations exceed limitations imposed by geography and culture, said Pence, who is visiting Taiwan for the first time. The US and Taiwan have shared interests, and Americans are increasingly concerned about China’s