Taiwan

A shareholder activism movement is growing in Taiwan, as evidenced by a case involving a shareholder dispute between an Apple supplier based in Taiwan and an international investor over the company’s multibillion-dollar cash pile. According to people familiar with the discussions, the Hong Kong-based investment firm Argyle Street Management is challenging Catcher Technology, which manufactures electronic casings for Apple devices …

On Sunday (August 7), Chinese and Taiwanese warships engaged in a game of high-seas “cat and mouse” just hours before the scheduled end of four days of unprecedented Chinese military exercises that were launched in response to a visit to Taiwan by the Speaker of the United States House of Representatives Nancy Pelosi. Pelosi’s trip to the island, which is …

On Saturday, Philippine President Ferdinand Marcos Jr. stated that the unpredictable geopolitical scenario and the aftermath from US House Speaker Nancy Pelosi’s visit to Taiwan highlight the importance of the connection between the United States and the Philippines (Aug 6). Pelosi’s visit, according to Marcos, “did not heighten the heat” of a situation that was already dangerous. Marcos made these …

During the highest-level US visit to Taiwan in 25 years, House of Representatives Speaker Nancy Pelosi praised the self-governed island as “one of the freest societies in the world” and pledged American solidarity. This prompted China to issue a scathing condemnation of the visit. Beijing has shown its displeasure with House Minority Leader Nancy Pelosi’s visit to an island that …

People who were briefed on the matter said that US House of Representatives Speaker Nancy Pelosi was expected to arrive in Taipei later on Tuesday (August 2), as several Chinese warplanes flew close to the median line dividing the Taiwan Strait, a source told Reuters. Pelosi was expected to arrive as several Chinese warplanes flew close to the median line …

TAIWAN: According to a government official, Foxconn, the world’s largest contract electronics manufacturer, would need permission from the Taiwanese government to invest in troubled Chinese semiconductor firm Tsinghua Unigroup (Jul 14). According to reports in Taiwan’s media, Foxconn Industrial Internet, a China-listed affiliate of Foxconn, aims to invest 9.8 billion yuan ($1.46 billion) in Unigroup as part of Foxconn’s strategy …

TAIWAN: Exports climbed in June, despite China’s slowdown, as demand for technology items remained strong amid concerns over Ukraine and inflation, and the government predicted a positive picture for the end-of-year holiday season. The Ministry of Finance reported Friday that exports grew 15.2 percent from a year earlier to $42.2 billion, the second-highest monthly sum on record and up for …

TAIWAN: It was on Wednesday (Jul. 6) that Taiwan’s air force showed off its new locally built and manufactured jet trainer, showcasing its more advanced, combat-capable qualities. As China, which claims the island as its own, pushes up its military modernization efforts and conducts drills near Taiwan President Tsai Ing-wen has made the development of an advanced home-grown defense sector …

TAIWAN: On the 25th anniversary of Hong Kong’s handover to Chinese administration, Taiwan Premier Su Tseng-chang declared that freedom in the city had “vanished” and that China had failed to live up to its pledges of 50 years without change. John Lee, a former Hong Kong security head, is being sworn in as Hong Kong’s new leader by Chinese President …

TAIPEI: The economy ministry announced on Monday that Taiwan will hike power costs by an average of 8.4% on July 1 (Friday), in response to rising global energy prices, including a 15% rise for major industrial customers. However, following a review of power pricing, the ministry stated that costs will not rise for 97 percent of homes. The government has …