By: Lo Hsiu-wen and Elizabeth Hsu
Taipei, April 14 (CNA) Beijing-based mobile software maker Cheetah Mobile Inc. is to set up a branch company in Taiwan to produce intelligent hardware and home electronics, Cheetah CEO Fu Sheng (傅盛) said Tuesday.
The planned subsidiary will seek to form cooperative links with Taiwanese hardware and software producers, Fu told reporters before a speech at National Taiwan University, his first in Taiwan. He praised Taiwan as having a lot of excellent talent in the field of hardware production.
David Wu (吳德威), general manager of Taipei-based Leopard Mobile, which is Cheetah Mobile’s Taiwanese partner, confirmed that the new company establishment application has been delivered to the relevant authorities for approval. [FULL STORY]