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Posts Tagged ‘Taiwan’

Darco Water says it clinched $8.6m worth of projects recently

Mainboard-listed Darco Water Technologies, the provider of integrated engineering and water treatment solutions, says it has recently secured 22 industrial turnkey projects worth an aggregate of $8.6 million from customers in the electronic, semi-conductor and solar power manufacturing facilities across Malaysia, Taiwan, and Singapore.

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May visitor arrivals rise 30.3% on year: Government

Visitor arrivals to Singapore grew 30.3% on year in May to 946,000, the Singapore Tourism Board said in a statement Monday, says Dow Jones. The government said visitor numbers are the highest on record for the month of May, marking the sixth consecutive month of record visitors. Visitor numbers from Hong Kong rose 48.8%, Malaysian visitors rose 48.7% and Taiwan visitors grew 47.4%.

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The week ahead

A trade pact will draw China and Taiwan closer togther

• IMPROVING relations between China and Taiwan will get another boost with the signing of a groundbreaking free-trade pact by the end of June. Ma Ying-jeou, Taiwan’s president, was elected in 2008 on a platform that called for better ties with China. A free-trade pact with the mainland is the cornerstone of his cross-strait policies. Taiwan, already isolated diplomatically, feared commercial marginalisation when the effects of a free-trade agreement between China and the Association of South-East Asian Nations (ASEAN) begins to be felt later this year. Mr Ma has already overseen the establishment of direct flights and shipping routes across the 110-mile-wide Taiwan Strait.

•AMERICA’S Supreme Court is likely to hand down a decision involving the Sarbanes-Oxley act of 2002 on Monday June 28th. The legislation, intended to tighten the auditing of public companies in the wake of the accounting scandals at Enron, WorldCom and Tyco, has been widely criticised for imposing costly and burdensome regulations on American businesses. The court will rule on the constitutionality of the board created to oversee independent audits of big companies. But firms may fear that if Sarbanes-Oxley is overturned a Congress on the brink of introducing tough regulation of Wall Street’s financial firms might well replace the act with something even tougher. …

Z-Obee +7.8% on continued interest in TDR plan

Z-Obee Holdings (D5N.SG) +7.8% at $0.415 on strong volume (most active stock in market), extending 14.9% gain over last 2 days, as investors remain hopeful China-based handset designer’s proposed listing of Taiwan Depository Receipts will take off, help boost trading liquidity, says Dow Jones.

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Z-Obee +4.5% on TDR plan; $0.350 resistance

Z-Obee Holdings (D5N.SG) is up 4.5% at 4-session high of $0.350 in active trade on hopes for greater investor following as China-based handset designer proposes to issue Taiwan Depository Receipts in bid to boost profile in Taiwan, where it plans to expand business, according to Dow Jones.

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Good intentions

Employers are becoming increasingly optimistic about hiring new workers

FEARS of a “jobless recovery” in the West have abounded ever since the world economy returned from the abyss last year. For some, the latest quarterly survey from Manpower, a global employment-services company, brings timely good news. Of the 36 countries included in Manpower’s survey, employers in 30 of them are increasingly bullish about their hiring plans for the next three months compared with the third quarter of 2009. Only in five countries, all of them in debt-laden Europe, are employers expecting negative hiring activity over the next quarter. This compares favourably, however, to the seven European countries with a negative outlook just three months ago. The survey suggests that the BICs (Brazil, India and China) bounce will continue. The three countries, along with Taiwan, report the most positive hiring plans in the survey, with China reporting its strongest hiring plans since the survey began there in 2005.

U.S. urges China to resume military contacts

The United States has appealed to China to restore military ties, despite friction about U.S. arms sales to Taiwan. Speaking to reporters at a security conference in Singapore Saturday, U.S. Defense Secretary Robert Gates said China’s decision to break off military-to-military contacts earlier this year could undercut regional stability.

The future of the tablet computer: Not written in stone

The iPad is a success, but other tablets may not be

THE iPad, Apple’s latest gadget, seems to have lived up to its maker’s lofty expectations: 2m of them have been sold in two months, with more presumably to follow after the device’s debut outside America on May 28th. But will the iPad’s success trigger explosive growth for other sorts of “tablet” computers, a category that had previously been seen a sideshow, much as the iPhone did for smart-phones?

The answer appears to be yes, if the proliferation of tablets at Computex, a trade show held this week in Taiwan, is anything to judge by. The exhibition floor was teeming with prototypes, especially from Taiwanese firms such as Acer and Asustek. Dell, an American rival, had unveiled its offering, Streak, a few days earlier. Even Google and One Laptop per Child, a charity, have tablets in the works. …

Intel Shows Off Atom Platform for Tablets

At Computex, Intel officials talk up an Atom platform code-named Oak Trail that the company is preparing for the burgeoning tablet PC space. Intel also shows off a concept design of a very slim netbook powered by a dual-core Atom chip. – Intel is continuing its push to expand the reach of its low-power Atom
processors.
At the Computex show in Taipei,
Taiwan, held June 1 to 5,
Dadi Perlmutter, executive vice president and co-general manager of Intel’s
Architecture Group, gave attendees a look at what the chip maker has planned


Vitesse Expands Ethernet Switch Family with Green Features

At the Computex convention in Taiwan, Vitesse offers cost-conscious businesses an updated line of Ethernet switches designed with energy-saving features. – Vitesse Semiconductor, a provider of IC solutions for carrier and enterprise
networks, announced an expansion of its SparX-III switch family (VSC7424,
VSC7425, VSC7426 and VSC7427), a line of Gigabit Ethernet managed switch
devices with the capability to integrate up to 12 copper physical layers


Hon Hai Group Says It Plans to Raise Wages in Chinese Factories

After 11 attempted suicides in 2010 of Chinese factory workers at its Foxconn subsidiary facility in Southern China, officials at Hon Hai Group in Taiwan plan to increase worker salaries 20 percent. Exactly when these raises of workers who build products for Apple, HP, Dell, Sony and others will take place has not been announced. – In response to ever-increasing worker suicides,
Hon Hai Group, the owner of Foxconn, a technology and electronics manufacturing
supplier to the giants of technology including Apple, Hewlett-Packard, Sony,
Dell and others, announced plans to raise wages of its workers 20 percent,
according to Reu…


Suicides at Foxconn: Light and death

A series of deaths expose a big computer-maker to unaccustomed scrutiny

APPLE was expecting lots of publicity ahead of the international release of the iPad, its latest gadget, on May 28th—but not the sort it received in Hong Kong this week, which included the ritual burning of pictures of iPhones and calls for a global boycott. The protests were triggered by a series of suicides of employees of Foxconn, a subsidiary of Taiwan’s Hon Hai Precision Industry Company, the world’s largest “contract manufacturer”. It makes products for Apple and, according to reports, most other electronics heavyweights, among them Dell, HP, Nintendo and Sony.

Foxconn employs about 800,000 people, roughly half of whom work and live in Shenzhen, just across the border from Hong Kong. The firm operates a huge industrial park there, which it calls Foxconn City, with 15 multi-storey manufacturing buildings, each dedicated to one customer. This is where the suicides took place. Two other employees at the facility have been severely injured in recent suicide attempts; the company says it has averted a further 20. …

IT in Taiwan and China: Hybrid vigour

Taiwan’s tech firms are conquering the world—and turning Chinese

WHICH is the world’s most important technology trade show? Gadget freaks will insist on CES in Las Vegas. Old hands are likely to pick CeBIT in Hanover, Germany. But the cognoscenti argue that nowadays Computex in Taipei, which celebrates its 30th anniversary next week, rules the roost.

Taiwan is now the home of many of the world’s largest makers of computers and associated hardware. Its firms produce more than 50% of all chips, nearly 70% of computer displays and more than 90% of all portable computers. The most successful are no longer huge but little-known contract manufacturers, such as Quanta or Hon Hai, in the news this week because of workers’ suicides (see article). Acer, for example, surpassed Dell last year to become the world’s second-biggest maker of personal computers. HTC, which started out making smart-phones for big Western brands, is now launching prominent products of its own. …

Yangzijiang Shipbuilding plans to issue Taiwan Depository Receipts

China-based shipbuilder Yangzijiang Shipbuilding (Holdings) says it is seeking to offer and list Taiwan Depository Receipts (TDRs) of up to 100 million new ordinary shares in the capital of the group on the Taiwan Stock Exchange (TSE).

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Singapore’s Super to expand ingredients business

Singapore’s Super Group(SPGP.SI), which is best known for its Owl and Super Coffeemix coffee, said on Wednesday it hopes to boost revenue from industrial customers to 40% of the business in 3-4 years from around 10% at present.

The firm is adding a third non-dairy creamer production line at its plant in Wuxi, China to boost output by 50% to 75,000 metric tonnes, helping it meet strong industrial demand from China and Taiwan, Chairman David Teo said in an interview. 

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Singapore’s Super to expand ingredients business

Singapore’s Super Group(SPGP.SI), which is best known for its Owl and Super Coffeemix coffee, said on Wednesday it hopes to boost revenue from industrial customers to 40% of the business in 3-4 years from around 10% at present.

The firm is adding a third non-dairy creamer production line at its plant in Wuxi, China to boost output by 50% to 75,000 metric tonnes, helping it meet strong industrial demand from China and Taiwan, Chairman David Teo said in an interview. 

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Polycom Inc – Corporate moves

Chris Taylor has been appointed senior regional director for ASEAN, Hong Kong, Taiwan and Korea wef May 2010
Work experience: Asia Pacific director, Polycom Global Services; held various management roles with a range of leading IT vendors in Asia Pacific and Middle East regions

Apple Could Ship 24 Million Next-Gen iPhones in 2010

Apple could ship 24 million next-generation iPhones in 2010, according to a new report in Digitimes, which quoted unnamed sources in Taiwans manufacturing channel. That number will supposedly include 4.5 million units shipped in the first half of 2010. While Apple has been officially tight-lipped about a new iPhone, two leaks of alleged prototype devices in California and Vietnam seem to back Digitimes’ assertions about a next-generation smartphone featuring a larger battery and high-resolution screen. – Apple could ship as many as 24 million next-generation iPhones in 2010,
according to a May 17 report in Taiwan-based Digitimes, with the publications
analysts citing unnamed sources within that countrys component manufacturers.
“Foxconn will ship 4.5 million units in the first half and 19.5 milli…


Media Alert – Intel at Computex Taipei 2010

Celebrating the 30th anniversary of Computex in Taiwan, Intel Corporation is hosting a keynote and series of events to unveil and showcase its latest technology innovations, led by the Intel® Atom™ processor, and including PC client and smart, connected devices, ultra mobility and embedded, cloud computing, wireless broadband, as well as software and applications at Computex Taipei.

Darco Water secures $10m worth of projects across the region

Mainboard-listed Darco Water Technologies Limited, the provider of integrated engineering and knowledge-based water treatment solutions, says it has recently clinched 15 industrial turnkey projects worth an aggregate of $10 million from customers in the electronic, semi-conductor and solar power manufacturing facilities across Taiwan, Singapore, Malaysia, and Phillipines. These orders are mainly air management and water treatment projects.

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