A private jet linked to Tesla Inc CEO Elon Musk landed in Beijing yesterday, a flight tracking app showed. The billionaire was launching a surprise visit to the automaker’s second-largest market, two people with knowledge of the matter said.Musk is seeking to meet senior Chinese officials in Beijing
coverage expansion: The industrial PC maker has proposed to acquire 3.938 million Aures shares to strengthen its global smart retail presence
Leading industrial PC maker Advantech Co (研華) plans to acquire Aures Technologies SA, a French company known for its point-of-sale (POS) and kiosk equipment, to expand its global coverage in smart retail products and services.Advantech proposed to acquire 3.938 million Aures shares from the French f
Germany is considering scaling back plans to ramp up government screening of Chinese investments, the Wall Street Journal said.A decision to ease back from a planned foreign investment screening law had become likelier due to fears that scrutiny on Chinese investments could hurt Berlin’s efforts to
Dutch brewing company Heineken NV on Friday announced an investment of NT$13.5 billion (US$414.62 million) over the next five years in Taiwan.The first multinational brewing company to operate in Taiwan, Heineken made the statement at a ceremony held at its brewery in Pingtung County.It also outline
Gasoline and diesel prices are to remain unchanged this week, CPC Corp, Taiwan (CPC, 台灣中油) and Formosa Petrochemical Corp (台塑石化) said yesterday, as international crude oil prices fluctuated within a narrow range last week.CPC said that based on its floating oil price formula, the cost of crude oil f
Amateur sumo wrestlers hold babies during Nakizumo, a baby crying contest at Sensoji in Tokyo’s Asakusa district in Tokyo, Japan, yesterday. About 100 babies participated in the spring event, praying for their good health and growth. The baby who begins to cry first and the loudest is declared the w
Diagnosed with autism, Shoko Sakuma said she struggled working in accounting, but is now putting her childhood love of drawing to work in a special Japanese animation studio.The groundbreaking initiative aims to provide job training and confidence to people with autism who can find it hard to cope i
The world is on the cusp of a neurotechnology revolution that could transform human health and welfare, but urgent action is needed to protect brain data, experts said on Friday.Medical neurotechnology breakthroughs have allowed paralyzed people to walk again, or deaf people to hear.Elon Musk’s Neur
On a recent weeknight at a bar in northeast Portland, Oregon, fans downed pints and burgers as college women’s lacrosse and beach volleyball matches played on big-screen TVs. Memorabilia autographed by female athletes covered the walls, with a painting of US soccer legend Abby Wambach mounted above
GROWTH DRIVERS: The firm expects to benefit from generative AI applications for smartphones, higher average selling price of flagship chips and market share gains
Smartphone chip designer MediaTek Inc (聯發科) yesterday said it estimates that revenue would expand at an annual rate of about 15 percent this year, as a proliferation of generative artificial intelligence (AI) applications for premium smartphones are fueling demand for its flagship smartphone chips.I
The government’s business climate monitor last month flashed “green” for the third consecutive month due to strong exports, which in turn benefited electrical and machinery equipment imports, the National Development Council (NDC) said yesterday.The total score of the nine constituent readings gaine
Google and Microsoft Corp shares rallied yesterday as the technology bellwethers showed that hefty investments into artificial intelligence (AI) could reap more immediate revenue returns, a sharp contrast to Meta Platforms Inc’s view that AI is a long-term bet.Microsoft’s shares advanced 3.84 percen
IN THE WORKS: Investment is set to begin in May while production would start in 2026, but the location would not be announced until next month, an executive said
US-based Garmin, a GPS navigation solution and wearable device provider, plans to invest in Southeast Asia as part of efforts to improve the resilience of its supply chain.The company is to begin investment next month, with production set to start in 2026, but the location of the plant would not be
Huawei Technologies Co’s (華為) latest smartphones carry a version of the advanced made-in-China processor it revealed last year, results from an independent analysis showed. This underscored the Chinese company’s ability to sustain production of the controversial chip.The Pura 70 series unveiled last
China Development Financial Holding Corporation (hereinafter referred to as “CDF”) launched a high-level management team reshuffle. Today (26th), the Board of Directors approved Alan Wang to succeed as the Chairman and Paul Yang to take over as President & CEO. At the same time, CDF has appointed th
A BYD Co Seagull electric vehicle is pictured at the Beijing Auto Show in China yesterday. Slowing demand for electric vehicles, heightened trade tensions and questions about whether Western legacy automakers can interest Chinese consumers were the talk of the Beijing show as executives from top glo
TRANSFORMATION: Taiwan is now home to the largest Google hardware research and development center outside of the US, thanks to the nation’s economic policies
President Tsai Ing-wen (蔡英文) yesterday attended an event marking the opening of Google’s second hardware research and development (R&D) office in Taiwan, which was held at New Taipei City’s Banciao District (板橋).This signals Taiwan’s transformation into the world’s largest Google hardware research a
The Taiwan Institute of Economic Research (TIER, 台灣經濟研究院) yesterday raised its GDP growth forecast to 3.29 percent this year, a 0.14 percentage points increase from three months earlier, as exports gain faster traction despite disappointing private investment.“The economic sectors showed improvement
MAJOR BENEFICIARY: The company benefits from TSMC’s advanced packaging scarcity, given robust demand for Nvidia AI chips, analysts said
ASE Technology Holding Co (ASE, 日月光投控), the world’s biggest chip packaging and testing service provider, yesterday said it is raising its equipment capital expenditure budget by 10 percent this year to expand leading-edge and advanced packing and testing capacity amid strong artificial intelligence
E Ink Holdings Inc (元太科技), the world’s largest e-paper display supplier, yesterday said business is recovering gradually from an inventory correction cycle thanks to rapid and smooth technology upgrades in using new color e-paper displays on electronic readers and electronic shelf labels (ESLs).The