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Asia Top News and Analysis Taiwan

  • TOKYO, June 22- A hastily-assembled group of investors looks set to win the bid for Toshiba Corp's prized memory chip business, but a lack of clear leadership or industry clout is raising questions about who will take tough decisions about strategy and investment. After a fiercely contested, months-long auction, Toshiba on Wednesday said a consortium of...

  • *Consortium includes Japan state-backed fund, Bain. TOKYO, June 21- Toshiba Corp has chosen a consortium of Japanese government investors and Bain Capital as the preferred bidder for its chip business, aiming to seal a deal worth some $18 billion by next week as it scrambles for funds to cover massive losses. That appeared to be somewhat less than a 2.2 trillion yen...

  • *DRAM, NAND supply shortage to persist throughout 2017. SEOUL, June 21- Global electronics makers are scrambling to stock up on memory chips to keep production lines running as Apple Inc's new iPhone 8 launch later this year threatens to worsen a global squeeze on supply. While heavyweights such as Apple and Samsung Electronics Co Ltd- which is also the world's top...

  • *Panama breaks ties with Taiwan, recognises "one China". PANAMA CITY/ BEIJING June 12- Panama has established diplomatic ties with China and broken with Taiwan in a major victory for Beijing, as it lures away the dwindling number of countries that have formal relations with the self-ruled island. "Our government expresses serious objections and strong...

  • *Panama breaks ties with Taiwan, recognizes "one China". PANAMA CITY/ BEIJING June 12- Panama has established diplomatic ties with China and broken with Taiwan in a major victory for Beijing, which continues to lure away the dwindling number of countries that have formal relations with the self-ruled island. "Our government expresses serious objections and...

  • Container ship Cosco Development, registered and sailing under the flag of Hong Kong, with capacity for more than 13,000 containers, is seen at the Agua Clara locks in Colon, 90 km from Panama City on May 2, 2017. The Cosco Development became Thursday the largest ship to cross the Panama Canal.

    Panama has established diplomatic ties with China and broken with Taiwan in a major victory for Beijing.

  • *Panama breaks ties with Taiwan, recognises "one China". PANAMA CITY/ TAIPEI, June 12- Panama has established diplomatic ties with China and broken with Taiwan in a major victory for Beijing, which continues to lure away the dwindling number of countries that have formal relations with the self-ruled island. "Our government expresses serious objections and strong...

  • *Panama breaks ties with Taiwan, recognises "one China". PANAMA CITY, June 12- Panama established formal diplomatic ties with China and broke with Taiwan on Monday in a major victory for Beijing that bolsters its claims of sovereignty over what it regards as a renegade island. Panama's government said in a statement that it recognized there was only one China, with...

  • TAIPEI, June 12- Apple Inc, computing giant Dell Inc and Kingston Technology Co are members of a Foxconn-led consortium bidding for Toshiba Corp's chip unit, the CEO of the world's largest electronics manufacturer told Reuters on Monday. Terry Gou, Foxconn's founder and chief executive, also said Amazon.com Inc was close to joining and that the Taiwanese firm...

  • Signage for Toshiba is displayed atop the company's headquarters as a red traffic light stands illuminated in Tokyo.

    Apple and Amazon.com will join Foxconn's bid for Toshiba's semiconductor business, the Nikkei business daily quoted Foxconn Chairman Terry Gou as saying on Monday.

  • *Foxconn chairman says Apple, Amazon to "chip in funds". TOKYO, June 5- Apple Inc and Amazon.com Inc will join Foxconn's bid for Toshiba Corp's semiconductor business, the Nikkei business daily quoted Foxconn Chairman Terry Gou as saying on Monday. Taiwan's Foxconn, formally known as Hon Hai Precision Industry Co Ltd, has also partnered with its Japanese unit Sharp...

  • TOKYO, June 5- Apple Inc and Amazon.com Inc will join Foxconn's bid for Toshiba Corp's semiconductor business, the Nikkei business daily quoted Foxconn Chairman Terry Gou as saying on Monday. Taiwan's Foxconn, formally known as Hon Hai Precision Industry Co Ltd, has also partnered with its Japanese unit Sharp Corp in its bid. Foxconn is not seen as a frontrunner in...

  • U.S. Defense Secretary James Mattis

    Washington wants to work with Beijing on North Korea, but cannot accept China's actions in the South China Sea, U.S. Defense Secretary James Mattis said on Saturday.

  • A satellite image released by the Asian Maritime Transparency Initiative at Washington's Center for Strategic and International Studies shows construction of possible radar tower facilities in the Spratly Islands in the disputed South China Sea.

    Hanoi could emerge as a key player in Washington's long-term Southeast Asia push that's aimed at neutralizing Beijing's influence in the South China Sea.

  • A satellite image released by the Asian Maritime Transparency Initiative at Washington's Center for Strategic and International Studies shows construction of possible radar tower facilities in the Spratly Islands in the disputed South China Sea.

    A U.S. Navy destroyer was traveling close to Mischief Reef in the Spratly Islands in a move likely to anger China.

  • TAIPEI, May 22- The Taiwan dollar posted its strongest gains against the U.S. dollar in more than a month on Monday, underpinned by foreign buying of local shares and in line with strength in regional currencies. An official at Taiwan's central bank denied that report. The Taiwan dollar was trading at T $30.050 per U.S. dollar in late trade, up around half a percent.

  • *Broadcom working with Silver Lake, Bain with SK Hynix- sources. TOKYO, May 19- Suitors including private equity firms KKR& Co LP, Bain Capital and U.S. chip maker Broadcom Ltd are lining up for Toshiba Corp's semiconductor business, sources familiar with matter said ahead of a deadline for second-round offers on Friday. Broadcom, which has teamed up with private...

  • An island outpost, one of several, being built by China in the South China Sea.

    Beijing and its Southeast Asian neighbors have agreed to a framework for a code of conduct in the South China Sea, the SCMP reports.

  • May 17- Chipmaker Qualcomm Inc has escalated its patent battle with Apple Inc, suing Foxconn and three other Taiwanese manufacturers that supply iPhone and iPad components for not paying royalties. Apple filed a lawsuit against Qualcomm in January, accusing it of overcharging for chips and refusing to pay some $1 billion in rebates- a move that came days after...

  • An island outpost, one of several, being built by China in the South China Sea.

    China reportedly installed rocket launchers on a disputed South China Sea reef to ward off Vietnamese military combat divers.