Focus Taiwan
Date: 2016/12/06
Taipei, Dec. 6 (CNA) Taiwan’s consumer price index (CPI) fell 0.43 percent monthly in November but was up 1.97 percent from a year ago, the largest increase since April, according to government figures releasd Tuesday
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SOARING:MediaTek, which has a long list of Chinese clients, expects its market share in China to increase from 40 percent last year to between 40 and 50 percent this year
Taipei Times
Date: Dec 06, 2016
By: Lisa Wang / Staff reporter
MediaTek Inc (聯發科), which designs chips for smartphone vendor Xiaomi Corp (小米), is expected to see its revenue grow by 17.6 percent annually this year, benefiting primarily from strong growth at Chinese smartphone vendors, TrendForce Corp (集邦科技) said yesterday.
MediaTek is one of few chip designers that would see its revenue grow by a double-digit percentage from a year earlier, TrendForce said.
The company’s revenue is to expand to US$8.9 billion this year, compared with U$7.59 billion last year, retaining its position as the world’s third-biggest chip designer, the Taipei-based market researcher said.
The Hsinchu-based company has a long list of Chinese clients, including Oppo Mobile Telecommunications Corp (歐珀移動) and Vivo Electronics Corp (維沃移動通信). [FULL STORY]
Taipei Times
Date: Dec 05, 2016
By: Staff writer, with CNA
GlobalWafers Co (環球晶圓) has vaulted itself into the position of third-largest silicon wafer supplier in the world after it completed a deal to acquire NASDAQ-listed SunEdison Semiconductor Ltd.
The deal helps GlobalWafers take a 17 percent share of the global silicon wafer market, up from 7 percent, to compete with rivals such as Shin-Etsu Chemical Co Ltd and Sumco Techxiv Corp. Before the deal, GlobalWafers was among the top six silicon wafer firms in the world.
In a statement released on Friday, GlobalWafers said that the acquisition is expected to allow the firm to have “a meaningful expansion of its production capabilities and breadth in product and global customer base, including greater access to [South] Korean and EU as well as SOI (Silicon-on-Insulator) product technologies and capacity.”
GlobalWafers chairwoman and chief executive officer Doris Hsu (徐秀蘭) said in the statement that the company has 17 operation sites strategically located in 10 countries in all regions. [FULL STORY]
The manufacturing sector contributes the most
Taiwan News
Date: 2016/12/03
By: Central News Agency
Taipei, Dec. 3 (CNA) The number of new job openings created by all of Taiwan’s business sectors for October rose by more than 9 percent from a month earlier at a time when the local economy showed signs of improving, according to the Ministry of Labor.
Citing data, the MOL said that employers in all business sectors in Taiwan signed up with government-run recruitment organizations in October to seek 109,064 newcomers, up 9.50 percent from a month earlier.
During the same period, a total of 633,336 jobseekers registered with these recruitment organizations, hoping for a job interview, up 6.45 percent from a month earlier.
The data showed that every jobseeker had 1.72 job opportunities on average, higher than an average of 1.67 job opportunities for each jobseeker seen a month earlier.
The job opening statistics were compiled by the ministry’s TaiwanJobs recruitment platform. [FULL STORY]
Focus Taiwan
Date: 2016/12/04
By: Bernie Chiu and S.C. Chang
Taipei, Dec. 4 (CNA) A local commentator urged Taiwanese to understand the basic philosophy of
CNA file photo
U.S. President-elect Donald Trump on Sunday, saying billionaire real estate mogul Trump benefited from U.S. President Ronald Reagan’s economic policy in the 1980s and became a true follower of Reaganomics.
Hsieh Chin-ho (謝金河), chairman of Investment Media and Wealth Magazine, offered his take on why Trump took a historic call from President Tsai Ing-wen on Friday and the possible impact of that 10-minute phone talk.
China was initially relieved – and even happy – that Trump won the U.S. presidential election, believing he would be “easier to deal with” than Hillary Clinton, Hsieh said in a Facebook post. Beijing remains highly uncertain as to what Trump’s policies will be, he added. [FULL STORY]
UNFAZED:Brazilian authorities ruled two Taiwanese firms sold PET resins at unfairly low prices in the Latin American country and imposed an anti-dumping tariff
Taipei Times
Date: Dec 05, 2016
By: Staff writer, with CNA
Nan Ya Plastics Corp (南亞塑膠) yesterday said an anti-dumping penalty tariff imposed by Brazil over the company’s polyethylene terephthalate (PET) resin does not pose any impact on the company’s financial condition or its operations.
The company said in a Taiwan Stock Exchange filing that PET resin is among several items produced by the company, but it is produced in very small amounts compared with other products, accounting for merely 0.08 percent of its overall shipments to Brazil in 2014.
PET resin is a raw material commonly used to produce soda, juice and cooking oil containers. The material is also used for a wide range of other products, such as audio and video disks and cinematic film stock.
The company’s remarks came after Brazilian authorities last month ruled Nan Ya and another Taiwanese chemical firm, Lealea Enterprise Co (力麗化纖), sold PET resins at unfairly low prices in the Latin American country, which would subject them to an anti-dumping tariff of 52.1 percent, a level which had been stated in a preliminary ruling by Brazil’s Council of Chamber of External Commerce (CAMEX). [FULL STORY]
Focus Taiwan
Date: 2016/12/03
By: Yu Hsiao-han and Frances Huang
Taipei, Dec. 3 (CNA) The number of new job openings created by all of Taiwan’s business sectors for 
October rose by more than 9 percent from a month earlier at a time when the local economy showed signs of improving, according to the Ministry of Labor.
Citing data, the MOL said that employers in all business sectors in Taiwan signed up with government-run recruitment organizations in October to seek 109,064 newcomers, up 9.50 percent from a month earlier.
During the same period, a total of 633,336 jobseekers registered with these recruitment organizations, hoping for a job interview, up 6.45 percent from a month earlier.
The data showed that every jobseeker had 1.72 job opportunities on average, higher than an average of 1.67 job opportunities for each jobseeker seen a month earlier. [FULL STORY]
Focus Taiwan
Date: 2016/12/03
By: Tsai Yi-chu and Frances Huang
Taipei, Dec. 3 (CNA) Formosa Petrochemical Corp. (台塑石化), a privately owned fuel supplier in 
Taiwan, said on Saturday that it will increase gasoline and diesel prices after crude oil prices in the U.S. market posted the biggest weekly gains in more than five years.
Crude oil prices continued an uptrend in the wake of an agreement to cut production reached by the Organization of the Petroleum Exporting Countries (OPEC) earlier this week, which led Formosa Petrochemical to increase gasoline and diesel prices by NT$0.3 (US$0.009) per liter next week, starting at 1 a.m. on Monday.
Formosa Petrochemical will raise fuel prices for the third consecutive week after increasing gasoline and diesel prices by NT$0.7 and NT$0.8 per liter, respectively, the previous two weeks. [FULL STORY]
The manufacturing sector contributes the most
Taiwan News
Date: 2016/12/03
By: Central News Agency
Taipei, Dec. 3 (CNA) The number of new job openings created by all of Taiwan’s business sectors for October rose by more than 9 percent from a month earlier at a time when the local economy showed signs of improving, according to the Ministry of Labor.
Citing data, the MOL said that employers in all business sectors in Taiwan signed up with government-run recruitment organizations in October to seek 109,064 newcomers, up 9.50 percent from a month earlier.
During the same period, a total of 633,336 jobseekers registered with these recruitment organizations, hoping for a job interview, up 6.45 percent from a month earlier.
The data showed that every jobseeker had 1.72 job opportunities on average, higher than an average of 1.67 job opportunities for each jobseeker seen a month earlier. [FULL STORY]
Focus Taiwan
Date: 2016/12/03
By: Wei Shu and Frances Huang
Taipei, Dec. 3 (CNA) Transactions involving residential and commercial properties in Taiwan could fall 
to a new low in 2016 as buying interest, particularly in northern Taiwan, remains weak, analysts said on Saturday.
Transactions of homes, shops and offices in 2016 are likely to reach only 250,000 units or lower, compared with 292,550 units in 2015, analysts said.
In the first 10 months of this year, transactions of residential and commercial housing totaled 197,201 units, according to statistics released by the Ministry of the Interior. Although the fourth quarter is a traditional peak season for the property market, it is still unlikely to offset the impact of the slowdown in the previous three quarters and transactions for the whole year are unlikely to bounce back, analysts said.
Tseng Ching-der (曾敬德), a research manager with Sinyi Realty Inc. (信義房屋) is downbeat about the local property market for this year based on existing sales records nationwide and especially those for the six major cities, which serve as an indicator to the Taiwan property market as a whole. [FULL STORY]
