Business expert names I-Mei Foods as Taiwanese model brand

Taiwan News
Date: 2017/09/22
By: Matthew Strong, Taiwan News, Staff Writer

TAIPEI (Taiwan News) – Following the announcement this week that smartphone

maker HTC was selling part of its operations and employers to U.S. Internet giant Google, a prominent financial expert said the government should make a bigger effort to support prominent Taiwanese brands, such as Giant, Gogoro and I-Mei Foods.

Taking part in a discussion about the HTC deal on Sanlih E-Television, commentator Tsai Ming-chang (蔡明彰) said the administration of President Tsai Ing-wen (蔡英文) should assist native companies and brands which made contributions to Taiwan’s overall economy, in addition to her emphasis on a digital economy and green environmentally friendly policies.

The financial expert specifically mentioned I-Mei Foods as the example of a Taiwanese company with a good image. It was the only Taiwanese name which had entered the top-10 of Asia’s most influential brands in a review of 120 brands published in April last year, Tsai said.    [FULL  STORY]

Focus Taiwan
Date: 2017/09/22
By: Chang Jung-hsiang and William Yen

Taipei, Sept. 22 (CNA) The 2017 Tainan Biotechnology and Green Energy Expo is expected to generate nearly NT$1.2 billion (US$39.75 million) in business opportunities, Tainan Deputy Mayor Wu Tsung-jung (吳宗榮) said as the show opened on Friday.

The four-day show being held at the Tainan Commercial Exhibition Center provides a marketing platform for biotechnology and green energy suppliers and has attracted 185 exhibitors this year, including several from abroad, the Tainan City government said in a statement.

The city, which is hosting the show, has invited 65 buyers from 20 countries to the expo and has scheduled 397 face-to-face talks between potential buyers and sellers that are expected to generate NT$1.17 billion in business, Wu said in the statement.
[FULL  STORY]

Taipei Times
Date: Sep 22, 2017
By: Crystal Hsu / Staff reporter

The central bank yesterday did not change its accommodative monetary policy for the

fifth consecutive quarter, saying the economy remains mild and below its potential in the absence of inflationary pressures.

The move is intended to help support the nation’s export-focused economy that is expected to slow down in the coming months as low-base benefits fade away, following a 2.39 percent pickup in the first half, the bank said.

“The board decided to keep interest rates unchanged as global uncertainty might weigh on exports, while private investments slacken amid deteriorating operating conditions,” central bank Governor Perng Fai-nan (彭淮南) told a news conference after the bank’s quarterly policy meeting.

The bank’s rediscount rate is to remain at 1.375 percent, the collateralized loan rate at 1.75 percent and the unsecured loan rate at 3.625 percent.   [FULL  STORY]

Focus Taiwan
Date: 2017/09/21
By: Huang Li-yun and William Yen

Taipei, Sept. 21 (CNA) The three science parks in Taiwan recorded a total revenue of

NT$1.1521 trillion (US$38.1 billion) in the first half of the year, an increase of nearly 7 percent from the same period in 2016, the Ministry of Science and Technology said Thursday.

The figure was the highest first-half revenue ever recorded by the science parks and represented year-on-year growth of 6.87 percent, the ministry said, attributing the strong performance to the global economic recovery.

It said total exports from the Hsinchu Science Park, Central Taiwan Science Park and Southern Taiwan Science Park reached a record NT$787.3 billion in the first six months of 2017, which was also a 6.87 percent increase from the same period last year.   [FULL  STORY]

‘FULLY UTILIZED’:The company has greater exposure to Chinese and Japanese car brands and is trying to enter the European and US markets, a company official said

Taipei Times
Date: Sep 22, 2017
By: Lisa Wang / Staff Reporter

Chunghwa Picture Tubes Ltd (CPT, 中華映管) saw its quarterly profits improve this

quarter from the last due to higher prices, as seasonal demand for handset and car displays added to supply constraints.

The world’s No. 3 car display supplier said it has raised panel prices by a double-digit percentage this quarter from a quarter earlier and expects another 5 percent hike next quarter, as demand is expected to continue exceeding supply.

“All of our factories are fully utilized, but we still cannot fully meet demand from customers, as this quarter is a peak season for consumer electronics and the auto industry,” Ryan Chung (鍾兆其), vice president of CPT’s sales and marketing center, told reporters on the sidelines of the Touch Taiwan Display show at the Taipei World Trade Center Nangang Exhibition Hall.    [FULL  STORY]

The China Post
Date: September 21, 2017
By: The China Post

TAIPEI – Taiwan-based tech company HTC announced Thursday that it has sold part

of its mobile division team and related patents to Google for US$1.1 billion.
In what amounts to an acquihire for the U.S. tech giant, the deal will put around 2,000 HTC R&D employers on Google’s payroll.

“With this agreement, a team of HTC talent will join Google as part of the hardware organization,” Google’s hardware chief Rick Osterloh said in a blog post. “These future fellow Googlers are amazing folks we’ve already been working with closely on the Pixel smartphone line, and we’re excited to see what we can do together as one team. The deal also includes a non-exclusive license for HTC intellectual property.”    [FULL  STORY]