■ Electronics
EA to release phone games
California-based computer game maker Electronic Arts will soon begin offering games for mobile phones. Among the titles in planning are "FIFA 06" soccer and "SimCity," the company announced recently. Additional games to be made compatible with mobile phones are "Need for Speed Most Wanted" and "The Sims 2." These games are expected to be released by the end of the year. The service providers will likely follow. Each game title will likely cost about US$5.
■ Hospitality
Luxury hampers on offer
A five-star hotel in Hong Kong was yesterday offering what may be the world's most expensive Christmas hamper with a HK$1 million (US$129,000) price tag. The hamper offered by the Ritz-Carlton includes champagne, caviar, cigars, diamond jewellery, vouchers for a stay in the hotel's presidential suite and a flight by a Gulfstream jet to Bali. The hamper is believed to be the most expensive ever offered in Hong Kong -- where the top-priced hamper last year was a US$48,888 offering from Sogo. It may also be the most expensive commercial hamper anywhere, although there is no such category in the Guinness Book of World Records. The basic ingredients of the Ritz-Carlton hamper are Krug champagne, caviar and Cuban cigars, along with vouchers for a three-day, two-night stay at the Ritz-Carlton's presidential suite. Buyers will have exclusive use of a Rolls Royce limousine and a gourmet dinner for six on the final night.
■ Electronics
Hitachi plans India offices
Hitachi Ltd, Japan's largest electronics maker, will open outsourcing centers in India to provide software development and system support services to Japanese clients in the US and Europe, the Nikkei English News reported yesterday. The Tokyo-based company will partner with Satyam Computer Services Ltd and Intelligroup Inc to open offices in Bangalore and Hyderabad, with 200 employees, the report said, citing company officials it didn't identify. The company expects to hire up to 1,000 employees in two years, it said. Hitachi plans to increase the share of overseas revenue in its information and communications business to 40 percent by 2007, according to the report.
■ Auto industry
Toyota profits to hit record
Toyota Motor Corp's net profit for the year to March next year is expected to hit a record US$10.4 billion thanks to brisk sales and a weak yen, the Nihon Keizai Shimbun reported yesterday. Toyota is scheduled to announced its interim earnings report on Friday. The company is likely to report a group net profit of ¥1.2 trillion (US$10.4 billion), an all-time high for the fourth consecutive year, up 2 percent from the previous year, the paper said. Operating profit is expected to increase 5 percent to a record ¥1.75 trillion for the year on sales seen to gain 8 percent to about ¥20 trillion, the business daily said. The exchange rate is currently running around ¥115 to the dollar, against the company's assumed rate of ¥105. If the current rate continues until year's end, Toyota is expected to enjoy a foreign exchange gain of some ¥100 billion, it said.
CLASH OF WORDS: While China’s foreign minister insisted the US play a constructive role with China, Rubio stressed Washington’s commitment to its allies in the region The Ministry of Foreign Affairs (MOFA) yesterday affirmed and welcomed US Secretary of State Marco Rubio statements expressing the US’ “serious concern over China’s coercive actions against Taiwan” and aggressive behavior in the South China Sea, in a telephone call with his Chinese counterpart. The ministry in a news release yesterday also said that the Chinese Ministry of Foreign Affairs had stated many fallacies about Taiwan in the call. “We solemnly emphasize again that our country and the People’s Republic of China are not subordinate to each other, and it has been an objective fact for a long time, as well as
‘CHARM OFFENSIVE’: Beijing has been sending senior Chinese officials to Okinawa as part of efforts to influence public opinion against the US, the ‘Telegraph’ reported Beijing is believed to be sowing divisions in Japan’s Okinawa Prefecture to better facilitate an invasion of Taiwan, British newspaper the Telegraph reported on Saturday. Less than 750km from Taiwan, Okinawa hosts nearly 30,000 US troops who would likely “play a pivotal role should Beijing order the invasion of Taiwan,” it wrote. To prevent US intervention in an invasion, China is carrying out a “silent invasion” of Okinawa by stoking the flames of discontent among locals toward the US presence in the prefecture, it said. Beijing is also allegedly funding separatists in the region, including Chosuke Yara, the head of the Ryukyu Independence
GOLDEN OPPORTUNITY: Taiwan must capitalize on the shock waves DeepSeek has sent through US markets to show it is a tech partner of Washington, a researcher said China’s reported breakthrough in artificial intelligence (AI) would prompt the US to seek a stronger alliance with Taiwan and Japan to secure its technological superiority, a Taiwanese researcher said yesterday. The launch of low-cost AI model DeepSeek (深度求索) on Monday sent US tech stocks tumbling, with chipmaker Nvidia Corp losing 16 percent of its value and the NASDAQ falling 612.46 points, or 3.07 percent, to close at 19,341.84 points. On the same day, the Philadelphia Stock Exchange Semiconductor Sector index dropped 488.7 points, or 9.15 percent, to close at 4,853.24 points. The launch of the Chinese chatbot proves that a competitor can
‘VERY SHALLOW’: The center of Saturday’s quake in Tainan’s Dongshan District hit at a depth of 7.7km, while yesterday’s in Nansai was at a depth of 8.1km, the CWA said Two magnitude 5.7 earthquakes that struck on Saturday night and yesterday morning were aftershocks triggered by a magnitude 6.4 quake on Tuesday last week, a seismologist said, adding that the epicenters of the aftershocks are moving westward. Saturday and yesterday’s earthquakes occurred as people were preparing for the Lunar New Year holiday this week. As of 10am yesterday, the Central Weather Administration (CWA) recorded 110 aftershocks from last week’s main earthquake, including six magnitude 5 to 6 quakes and 32 magnitude 4 to 5 tremors. Seventy-one of the earthquakes were smaller than magnitude 4. Thirty-one of the aftershocks were felt nationwide, while 79
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