Focus Taiwan
Date: 2018/02/27
By: Tsai Yi-chu and Frances Huang 

Taipei, Feb. 27 (CNA) Consumer confidence has been undermined by volatility in equity markets at home and abroad with the consumer confidence index (CCI) for February down slightly from a month earlier, National Central University said Tuesday.

The February CCI stood at 87.38 points, down 0.31 from January after the stock market sub-index fell from a month earlier, the university said.

The CCI is made up of six sub-indexes that reflect confidence in consumer prices, employment, family finances, local economic climate, the stock market and possible purchase of durable goods over the next six months.

The survey was conducted from Feb. 15-19, meaning that consumer sentiment was impacted by the plunge suffered by the local equity market, with the weighted index falling 754.48 points or 6.78 percent during the week of Feb. 5-9, after Wall Street suffered heavy losses amid fears of rising interest rates.    [FULL  STORY]

Local media cited Terry Gou (郭台銘), chairman of Innolux’s parent company Hon Hai Precision Industry Co., as saying his group could no longer tolerate the patent infringement of Chinese firms any longer.

Taiwan News
Date: 2018/02/27
By:  Central News Agency

Taipei, Feb. 27 (CNA) Innolux Corp., one of the largest flat panel makers in Taiwan, has

filed suit in two courts in China against a Chinese competitor for infringing on 17 of its patents and is demanding that it end the practice.

It was the first time a Taiwanese flat panel company has launched a patent battle in China.

Local media cited Terry Gou (郭台銘), chairman of Innolux’s parent company Hon Hai Precision Industry Co., as saying his group could no longer tolerate the patent infringement of Chinese firms any longer.

In a statement released Monday, Innolux said it has filed suit against HKC Corp. with the Guangzhou Intellectual Property Court and the Ningbo Intermediate People’s Court on Feb. 12 for stealing its flat screen production technology.    [FULL  STORY]

Radio Taiwan International
Date: 2018-02-26

Taiwan’s new Central Bank governor, Yang Chin-long, was sworn into office on Monday.

Yang served as the deputy governor of the Central Bank for ten years before replacing Perng Fai-nan, who served as Central Bank governor for 20 years.

Yang said the bank’s current challenge is finding ways to maintain stable interest rates and keep the local currency value steady. That’s in light of the rapid movement of funds through the global market. Yang said this capital movement will affect the stability of small open economies and could cause crises in emerging markets.

Yang also said he will watch new developments in technology which could change the structure of the financial industry.    [FULL  STORY]

Taiwan News  
Date: 2018/02/26
By:  Central News Agency

Taipei, Feb. 26 (CNA) Taiwan manufacturing giant Hon Hai Precision Industry Co. and its Japanese subsidiary Sharp Corp. are planning to set up a company that will produce cameras for car use, the Nikkei Asian Review reported Monday.

Citing sources close to the investment, the Japanese newspaper said Hon Hai, also known as Foxconn on the global market, and Sharp will invest about 3 billion Japanese yen (US$28.04 million) in the joint venture.

Hon Hai will take a 51 percent stake in the venture with Sharp owning the remaining 49 percent, the sources said.

The sources said the joint venture is expected to use advanced 8K resolution technology to produce displays for automotive cameras, with the objective of supplying such devices to car makers worldwide.    [FULL  STORY]

Focus Taiwan
Date: 2018/02/23
By: Huang Ya-chuan and Frances Huang

Taipei, Feb. 23 (CNA) The Ministry of Economic Affairs (MOEA) announced Friday a project to encourage households in Taiwan to install solar panels on the roofs of their homes.

Under the new measures, local governments will work with private sector firms which will organize households in designated areas and build solar panels for them in a bid to reach a fixed level of power production under the supervision of the ministry.

The MOEA said the project has designated three sizes for solar panel installation: 10-50 MW for several administrative districts in a single city or county, 1-10 MW for a single administrative district in a city or a county, and 0.5-1 MW for a township.

The minimum paid-in capital for operators interested in the power generation projects will be NT$300 million, NT$30 million and NT$10 million, respectively, to ensure programs run smoothly, the ministry added.    [FULL  STORY]