Taiwan
China Cuts off Trade With US Arms Suppliers for Selling Missiles and Jets to Taiwan
China has imposed sanctions on US companies selling arms to Taiwan, including trade restrictions and potential blacklisting, as tensions rise over Taiwan’s military acquisitions from the US.
William Lai Sworn In as Taiwan's New President
William Lai Ching-te has been sworn in as Taiwan’s new president, replacing Tsai Ing-wen after her eight-year tenure.
Uber to Acquire Foodpanda’s Taiwan Operations for Whopping $950 Million Cash
Uber has agreed to pay $950 million in cash to acquire Taiwanese unit of Foodpanda owned by Delivery Hero.
Taiwan Suffered 'Reduced Damages' From The Earthquake Thanks To Advanced Tech And Infrastructures
Advanced technology and improved buildings in Taiwan reportedly reduced the impact of the April 3 earthquake, considered the most severe in 25 years.
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Goldman Sachs-backed consumer finance startup CompareAsiaGroup got its new CEO Sam Allen. In 2015, CompareAsiaGroup closed a Series A round of funding led by Goldman Sachs and is planning to go for a Series B round funding soon.
Though usually considered only when convenient for consumers in the US, the 7-Eleven franchise in Asia has become a different company, selling varieties of snacks and services to its varied customers across Asia.
Foxconn, the electronics company headquartered in Taiwan, has pulled out $1B investment to Indonesia, rumors have it. But according to a report, Foxconn claims they haven't cancelled it yet.
The company Gogoro will start shipping preordered Gogoro Smart Scooter in Taipei. The Taiwanese company started to accept orders on June 27 adding up Gogoro Plus, Gogoro's newest series in silver, blue, orange and yellow. The basic model costs $4000 while Gogoro Plus costs $4300.
Taiwanese smartphone manufacturer HTC predicts a loss as it released preliminary results for the fiscal second quarter of 2015. The Company's campaign in the mid-tier smartphones competition is considered to be a major factor in their financial distress.
Last week, Asustek Computer Inc (Asus) chairman Johnny Shih in an internal company meeting had suggested that it may be a possibility to buy Taiwan-based smartphones and tablets manufacturer, HTC. However, HTC came out with its own statement on Monday, saying it will not consider a merger with Asus and also pointed out that no formal or informal talks had ever taken place in connection with the said acquisition.
Taiwanese panel display maker Innolux Corp (3481.TW) is looking at investing in India to expand into the subcontinent with its biggest shareholder and key supply chain client Hon Hai Precision Industry Co Ltd (2317.TW), a senior executive said.
HTC Corp on Friday named Cher Wang as chief executive, giving its founder and chairwoman a bigger role in leading a potential turnaround of the Taiwanese smartphone maker.
Taiwan has identified 12 smartphone brands that do not conform with privacy standards, and the handset makers could face fines or a ban unless they address the breaches, an official at the telecoms regulator said on Friday.
Ever since a civil war split the two sides more than 60 years ago, China has viewed Taiwan as a renegade province that needs to be absorbed into the mainland. To that end, the legion of Taiwanese businessmen working in China is a beachhead.