Far EasTone Telecommunications Co (遠傳電信) yesterday appointed AT&T Inc veteran Chee Ching (井琪) as its president to help the firm accelerate its transformation into a provider of telecom and digital services.
The adjustment came as the world’s wireless carriers are ushering in next-generation 5G wireless technology.
The National Communications Commission is scheduled to arrange a spectrum auction in 2020 for domestic operators to install their 5G networks.
As developed countries, such as the US, South Korea and Japan, are aggressively deploying 5G networks, “Far EasTone will also make every effort to embrace the arrival of the 5G era,” Ching said.
The technology is to have many applications, Ching said, adding that Far EasTone’s strategy is to offer services that blend telecom and digital services on the 5G network.
Artificial intelligence-enabled applications, applications for artificial and virtual reality, big data analysis and cloud-based services are among the new services.
The company said it believes it is not healthy to offer flat rates for 5G services.
Ching was tapped as the company’s chief transformation officer three months ago, after working at AT&T for 23 years.
Outgoing president Yvonne Li (李彬) is to be promoted to consultant to Far Eastern Group (遠東集團).
During her eight-year tenure, Li has helped the company nearly double its market value to NT$235 billion (US$7.61 billion) from NT$135 billion in 2010.
The personnel adjustment is to take effect on Jan. 7.
MULTIFACETED: A task force has analyzed possible scenarios and created responses to assist domestic industries in dealing with US tariffs, the economics minister said The Executive Yuan is tomorrow to announce countermeasures to US President Donald Trump’s planned reciprocal tariffs, although the details of the plan would not be made public until Monday next week, Minister of Economic Affairs J.W. Kuo (郭智輝) said yesterday. The Cabinet established an economic and trade task force in November last year to deal with US trade and tariff related issues, Kuo told reporters outside the legislature in Taipei. The task force has been analyzing and evaluating all kinds of scenarios to identify suitable responses and determine how best to assist domestic industries in managing the effects of Trump’s tariffs, he
TIGHT-LIPPED: UMC said it had no merger plans at the moment, after Nikkei Asia reported that the firm and GlobalFoundries were considering restarting merger talks United Microelectronics Corp (UMC, 聯電), the world’s No. 4 contract chipmaker, yesterday launched a new US$5 billion 12-inch chip factory in Singapore as part of its latest effort to diversify its manufacturing footprint amid growing geopolitical risks. The new factory, adjacent to UMC’s existing Singapore fab in the Pasir Res Wafer Fab Park, is scheduled to enter volume production next year, utilizing mature 22-nanometer and 28-nanometer process technologies, UMC said in a statement. The company plans to invest US$5 billion during the first phase of the new fab, which would have an installed capacity of 30,000 12-inch wafers per month, it said. The
Taiwan’s official purchasing managers’ index (PMI) last month rose 0.2 percentage points to 54.2, in a second consecutive month of expansion, thanks to front-loading demand intended to avoid potential US tariff hikes, the Chung-Hua Institution for Economic Research (CIER, 中華經濟研究院) said yesterday. While short-term demand appeared robust, uncertainties rose due to US President Donald Trump’s unpredictable trade policy, CIER president Lien Hsien-ming (連賢明) told a news conference in Taipei. Taiwan’s economy this year would be characterized by high-level fluctuations and the volatility would be wilder than most expect, Lien said Demand for electronics, particularly semiconductors, continues to benefit from US technology giants’ effort
‘SWASTICAR’: Tesla CEO Elon Musk’s close association with Donald Trump has prompted opponents to brand him a ‘Nazi’ and resulted in a dramatic drop in sales Demonstrators descended on Tesla Inc dealerships across the US, and in Europe and Canada on Saturday to protest company chief Elon Musk, who has amassed extraordinary power as a top adviser to US President Donald Trump. Waving signs with messages such as “Musk is stealing our money” and “Reclaim our country,” the protests largely took place peacefully following fiery episodes of vandalism on Tesla vehicles, dealerships and other facilities in recent weeks that US officials have denounced as terrorism. Hundreds rallied on Saturday outside the Tesla dealership in Manhattan. Some blasted Musk, the world’s richest man, while others demanded the shuttering of his
RSS