Taiwan Lottery Co (
Taiwan Lottery launched the Super Lotto game on Jan. 22, with the main attraction being a guaranteed jackpot of at least NT$250 million, compared with Big Lotto's (大樂透) NT$100 million. Furthermore, the grand prize rolls over until someone hits the jackpot.
"The Taiwanese tradition of gambling during the Lunar New Year holidays has helped to increase the popularity of our lottery games," company chairman Oliver Shang (
PHOTO: CHANG JUI-CHEN, TAIPEI TIMES
As no one has won the jackpot in the four drawings since the Super Lotto's implementation, the grand prize had grown to NT$90 million as of Monday.
"We expect that adding NT$200 million to the jackpot on Thursday will help boost our tickets sales for that draw to NT$200 million," Taiwan Lottery senior vice president Phyllis Hung (
Super Lotto's sales for the previous draw were NT$90.77 million, up 10 percent from the third round's NT$82.51 million.
"Normally it takes between seven and eight drawings for a new lottery game to become popular. But our ticket sales have been better than we expected," Hung said.
Taiwan Lottery launched another service yesterday enabling busy customers to pacify Taisui (
The ritual of pacifying Taisui is believed to bring good luck for the new year.
"The inspiration for the new service came from our observation that lottery games and temples have a close relationship, as a lot of winners say they chose their lottery numbers by praying to a deity," Shang said.
HANDOVER POLICY: Approving the probe means that the new US administration of Donald Trump is likely to have the option to impose trade restrictions on China US President Joe Biden’s administration is set to initiate a trade investigation into Chinese semiconductors in the coming days as part of a push to reduce reliance on a technology that US officials believe poses national security risks. The probe could result in tariffs or other measures to restrict imports on older-model semiconductors and the products containing them, including medical devices, vehicles, smartphones and weaponry, people familiar with the matter said. The investigation examining so-called foundational chips could take months to conclude, meaning that any reaction to the findings would be left to the discretion of US president-elect Donald Trump’s incoming team. Biden
INVESTMENT: Jun Seki, chief strategy officer for Hon Hai’s EV arm, and his team are currently in talks in France with Renault, Nissan’s 36 percent shareholder Hon Hai Precision Industry Co (鴻海精密), the iPhone maker known as Foxconn Technology Group (富士康科技集團) internationally, is in talks with Nissan Motor Co’s biggest shareholder Renault SA about its willingness to sell its shares in the Japanese automaker, the Central News Agency (CNA) said, citing people it did not identify. Nissan and fellow Japanese automaker, Honda Motor Co, are exploring a merger that would create a rival to Toyota Motor Corp in Japan and better position the combined company to face competitive challenges around the world, people familiar with the matter said on Wednesday. However, one potential spanner in the works is
Call it an antidote to fast fashion: Japanese jeans hand-dyed with natural indigo and weaved on a clackety vintage loom, then sold at a premium to global denim connoisseurs. Unlike their mass-produced cousins, the tough garments crafted at the small Momotaro Jeans factory in southwest Japan are designed to be worn for decades, and come with a lifetime repair warranty. On site, Yoshiharu Okamoto gently dips cotton strings into a tub of deep blue liquid, which stains his hands and nails as he repeats the process. The cotton is imported from Zimbabwe, but the natural indigo they use is harvested in Japan —
HON HAI LURKS: The ‘Nikkei’ reported that Foxconn’s interest in Nissan accelerated the Honda-merger effort out of fears it might be taken over by the Taiwanese firm Nissan Motor Co has become the latest buyout target in Japan as it explores a merger with Honda Motor Co and faces an overture from Hon Hai Precision Industry Co (鴻海精密), known as Foxconn Technology Group (富士康科技集團) internationally. Shares in Nissan yesterday jumped 24 percent, the most on record, to hit the daily limit, after the two Japanese automakers acknowledged that talks are ongoing to better position themselves for competitive challenges during a time of upheaval in the global auto industry. Foxconn — a Taipei-based manufacturer of iPhones, which has been investing heavily in factories to build electric vehicles — has also