M17 Entertainment Files For U.S. IPO

Taipei City, Taiwan-based M17 Entertainment was founded in 2015 to operate ... M17 intends to raise $115 million in gross proceeds from an IPO of ADSs. Representing the ADSs will be underlying Class A shares, which will be entitled to one (1) vote per ... ( read original story ...)

Taiwan Stock Market May Rebound

Among actives, Taiwan Semiconductor Manufacturing Company suffered a dip of 1.32 percent. Hon Hai Precision went down by 0.36 percent and Innolux lost about 0.87 percent. Others losers included Cathay Financial dipping 0.91 percent. The list of gainers ... ( read original story ...)

Hon Hai unit FII receives Chinese approval for IPO

Taipei, May 12 (CNA) Foxconn Industrial Internet Co. Ltd. (FII), an Internet-focused subsidiary of Taiwan-based manufacturing giant Hon ... Market analysts said FII is expected to launch an IPO on the Shanghai Stock Exchange at the end of May or early ... ( read original story ...)

Foxconn files for IPO on Shanghai exchange

Foxconn Industrial Internet Co, an internet and industrial-focused arm of Taiwan manufacturer Hon Hai Precision Industrial Co, filed on Monday an application for an IPO on the Shanghai Stock Exchange to fund projects related to 5G and cloud computing. ( read original story ...)

Taiwan startups gearing up to tap blockchain market potentials

He disclosed that OwlTing's most critical milestone for 2019 will be its IPO launch on Nasdaq, in addition to selling its OwlNest systems to as many as 30,000 hotel operators in Taiwan, Japan and other countries by the end of the year. Launched at the end ... ( read original story ...)

Financial requirements for Chinese tourists to be relaxed

Taipei, May 13 (CNA) In an effort to boost the number of tourists visiting from China, Taiwan is planning to lower the financial threshold for Chinese tourists by accepting applicants who can show bank savings worth NT$100,000 (US$3,339) as opposed to the ... ( read original story ...)

Varian Acquires Taiwan Distributor

PALO ALTO, Calif. and TAIPEI, Taiwan, May 7, 2018 /PRNewswire/ -- Varian (VAR) today announced it has acquired Cooperative CL Enterprises (COOP), a leading distributor of radiotherapy equipment in Taiwan. COOP currently employs 45 people, and has ... ( read original story ...)

Chip designer Mediatek gets Taiwan nod to export goods to ZTE

Following the U.S. ban, Taiwan had instructed local firms wanting to ship goods to ZTE to apply for permission. Mediatek confirmed to Reuters on Monday that it had received the export permit last week to ship products to ZTE. An official with Taiwan's ... ( read original story ...)