Coffee giant makes a blockbuster deal in China

... operates approximately 410 Starbucks stores in Taiwan. “Similar to our decision in 2011 to fully license our Hong Kong and Macau market operations, we are pleased to transition our business in the Taiwan market to our long-time partners Uni ... ( read original story ...)

Starbucks’ $1.3B China Deal Is Its Biggest Acquisition Ever

At the same time that SBUX buys the rest of its East China business, it will also be selling its 50% stake in President Starbucks Coffee Taiwan Limited. This sale will be to, Uni-President Enterprises Corporation and President Chain Store Corporation. ( read original story ...)

Starbucks buying out Chinese venture for US$1.3 bn

The Seattle-based coffee chain will acquire the remaining 50 per cent of the business from partners President Chain Store Corp and Uni-President Enterprises Corp. Starbucks also is divesting its 50 per cent stake in a separate joint venture in Taiwan ... ( read original story ...)

US states vie for big Foxconn display panel factory

Taiwanese electronics maker Foxconn's plan to build a display ... But Foxconn, the biggest contract assembler of smartphones and other devices for Apple and other brands, has listed seven states with which it hopes to work. It's expected to announce ... ( read original story ...)

124 people arrested for cross-border telecom fraud

On July 17, another 32 suspects, including seven Taiwan residents, were caught in similar telecom fraud cases in Cambodia. A large number of mobile phones and laptops were seized during the crackdowns. Seventeen of the 32 suspects were sent to China by ... ( read original story ...)

Asian shares gain on strong earnings, dovish Fed policy

Taiwan's index climbed 0.9 percent after electronics maker ... chief in a corruption scandal and the recalls and discontinuation of fire-prone Galaxy Note 7 smartphones, Samsung Electronics reported record high quarterly earnings thanks to booming demand ... ( read original story ...)

Chunghwa Telecom : posts 2Q profit

TAIPEI, Taiwan (AP) _ Chunghwa Telecom Co. (CHT) on Thursday reported second-quarter earnings of $345.2 million. The Taipei, Taiwan-based company said it had net income of 45 cents per share. The telecommunications company posted revenue of $1.84 billion ... ( read original story ...)

Foxconn: World’s No. 1 contract electronics maker

HONG KONG (AP) — Taiwan-based contract manufacturer Foxconn Technology ... It also has sought a stake in Toshiba Corp.'s lucrative memory chip business though rival bidders are expected to prevail. Gou has made it clear he intends for Foxconn to build ... ( read original story ...)

World shares gain on strong earnings, dovish Fed policy

South Korea's Kospi added 0.4 per cent to 2,443.24 and the S&P ASX 200 of Australia climbed 0.2 per cent to 5,785.00. Taiwan's index climbed 0.9 per cent after electronics maker Foxconn announced a $10 billion investment in Wisconsin that is expected to ... ( read original story ...)

Taipei to test driverless bus program to improve traffic

Through helping new technology providers to field-test their services, Taipei is also elevating its global profile as a smart city on the world stage, according to the department, which is overseeing the driverless bus project. France-based driverless ... ( read original story ...)

Taiwan: world’s top foundry aims to be startup hub

To stimulate the development of technology innovation and entrepreneurship, Taiwan’s government has launched the “HeadStart Taiwan” project and other startup-related schemes. Their goal is three-pronged: connect local startups with global markets ... ( read original story ...)

Taiwan Expo 2017 features green tech

The exhibition, with the theme “Greener Tech-Smarter Life” is organised by the Taiwan External Trade Development Council (TAITRA). It has attracted 150 Taiwanese exhibitors including ASUSTek Computer Inc, Acer Incorporated, AAEON Technology Inc ... ( read original story ...)