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Thursday, August 27, 2015
Taiwan shares rallied yesterday in a session that was supported by National Stabilization Fund (國安基金), according to the Finance Ministry.
Tsai Ing-wen (蔡英文), chairwoman and presidential candidate of the Democratic Progressive Party (DPP), commented Wednesday on the severe economic situation facing the nation and suggested that the government adopt comprehensive counter measures.
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The EasyCard Corp. (悠遊卡公司) defended its decision yesterday to have a veteran actress in Japanese adult films appear on upcoming contactless smartcards covers on the island starting next month.
Porn star Yui Hatano to feature on covers of EasyCard in Sept.
Shares of Taiwan-based smartphone vendor HTC Corp. (宏達電) extended gains Wednesday morning from a session earlier after the company retained the title of top smartphone supplier in terms of sales volume in Taiwan last month, dealers said.
Microsoft Corp. signed a strategic partnership agreement on Wednesday with Chunghwa Telecom Co. (中華電信), Taiwan's largest wireless carrier, to provide cloud solutions for the government and enterprises.
Manufacturing, financial service and medicine related solutions will make up more than half of Internet of Things (IoT) applications in 2018, according to accounting firm Ernst & Young Taiwan's forecast.
A 6th-generation small screen joint venture between flat panel supplier Innolux Corp. (群創) and Hon Hai Precision Industry Co. (鴻海), the world's largest contract electronics maker, will begin mass production in the first quarter of next year.
The Financial Supervisory Commission (FSC, 金管會) said Tuesday that it has approved CTBC Bank's (中國信託) application to buy a 100-percent stake in China CITIC Bank International (China) Ltd. (中信銀行國際中國) for NT$11.67 billion.
Inventec Corp. (英業達), a major Taiwanese supplier of Chinese phone brand Xiaomi Inc., is thinking of setting up an intelligent manufacturing plant in Indonesia or the Philippines next year as part of its global expansion.
Messaging app operator Line Corp. released on Wednesday an initial list of Taiwanese stores at which Line Pay can be used, extending the company's mobile payment service to one of its top markets.
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