The government is considering prohibiting the sales of Tsingtao beer from China, two days after it stopped the local agent of the Chinese brewery from running ads on local radio and television stations, officials said yesterday.
"I have asked the Taiwan Tobacco and Liquor Corp [TTL, 台灣菸酒公司] and relevant departments to study whether to allow the sales of Tsingtao beer in Taiwan," Minister of Finance Lin Chuan (林全) said.
His comment came after demand by DPP lawmakers that the ministry ban sales of the beer in retaliation of Beijing's barring Taiwan from marketing its popular Taiwan Beer in China under its original brand name.
"Our application for the marketing of Taiwan Beer has twice been rejected by Chinese authorities," DPP Legislator Lin Chung-mao (
The board has only been allowed to market its popular beer under the name TTL since it started selling the beer in China last year.
Lin Chung-mao said China has also banned the sales of Kinmen Kaoliang liquor and these actions show that Chinese authorities will not allow the sales of Taiwanese products with Taiwan in their name.
"It is highly unfair for us to agree to the import of mainland beers with Chinese areas' titles, such as Tsingtao Beer and Yenjing Beer," the lawmaker said.
The lawmaker asked that the TTL resolves the issue by next month or he would initiate a motion to sack the company's chairman Morgan Huang (
Minister Lin said it is China's law that no territorial titles can be used to name products imported to China and there is little the ministry can do to make Beijing change its law.
He said under the circumstances, he would ask government officials to study the possibility of barring Tsingtao Beer from being marketed domestically.
The Government Information Office has recently banned Tsingtao Brewery from making TV and radio commercials on the ground that the Legislative Yuan has yet to pass the revision of the Statute Governing the Relations between the People of the Taiwan Area and the Mainland Area(台灣地區與大陸地區人民關係條例) which requires prior regulatory approval for any ads broadcasting Chinese products.
The brewery's local agent, Taiwan Tsing Beer Corp (台灣青啤), cried foul, saying the ad ban was related to Beijing's rejection of the marketing of Taiwan Beer. Taiwan Tsing Beer is a unit of Taiwan-based Sanyo Whisbih Group (三洋維士比).
Since it entered the Taiwanese market last year, Tsingtao Beer has gained about 10 percent of the beer market, earning NT$2 billion (US$57.14 million).
Hon Hai Precision Industry Co (鴻海精密) yesterday said that its research institute has launched its first advanced artificial intelligence (AI) large language model (LLM) using traditional Chinese, with technology assistance from Nvidia Corp. Hon Hai, also known as Foxconn Technology Group (富士康科技集團), said the LLM, FoxBrain, is expected to improve its data analysis capabilities for smart manufacturing, and electric vehicle and smart city development. An LLM is a type of AI trained on vast amounts of text data and uses deep learning techniques, particularly neural networks, to process and generate language. They are essential for building and improving AI-powered servers. Nvidia provided assistance
DOMESTIC SUPPLY: The probe comes as Donald Trump has called for the repeal of the US$52.7 billion CHIPS and Science Act, which the US Congress passed in 2022 The Office of the US Trade Representative is to hold a hearing tomorrow into older Chinese-made “legacy” semiconductors that could heap more US tariffs on chips from China that power everyday goods from cars to washing machines to telecoms equipment. The probe, which began during former US president Joe Biden’s tenure in December last year, aims to protect US and other semiconductor producers from China’s massive state-driven buildup of domestic chip supply. A 50 percent US tariff on Chinese semiconductors began on Jan. 1. Legacy chips use older manufacturing processes introduced more than a decade ago and are often far simpler than
STILL HOPEFUL: Delayed payment of NT$5.35 billion from an Indian server client sent its earnings plunging last year, but the firm expects a gradual pickup ahead Asustek Computer Inc (華碩), the world’s No. 5 PC vendor, yesterday reported an 87 percent slump in net profit for last year, dragged by a massive overdue payment from an Indian cloud service provider. The Indian customer has delayed payment totaling NT$5.35 billion (US$162.7 million), Asustek chief financial officer Nick Wu (吳長榮) told an online earnings conference. Asustek shipped servers to India between April and June last year. The customer told Asustek that it is launching multiple fundraising projects and expected to repay the debt in the short term, Wu said. The Indian customer accounted for less than 10 percent to Asustek’s
Gasoline and diesel prices this week are to decrease NT$0.5 and NT$1 per liter respectively as international crude prices continued to fall last week, CPC Corp, Taiwan (CPC, 台灣中油) and Formosa Petrochemical Corp (台塑石化) said yesterday. Effective today, gasoline prices at CPC and Formosa stations are to decrease to NT$29.2, NT$30.7 and NT$32.7 per liter for 92, 95 and 98-octane unleaded gasoline respectively, while premium diesel is to cost NT$27.9 per liter at CPC stations and NT$27.7 at Formosa pumps, the companies said in separate statements. Global crude oil prices dropped last week after the eight OPEC+ members said they would