Word: taipei
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When Stan Shih founded computer maker Acer in 1976, he dreamed of creating a globally recognized brand. It was an ambitious vision for a start-up founded in a small Taipei apartment, but Shih, who's known as the father of Taiwan's formidable technology industry, eventually got his wish. Acer now ranks behind only industry giant Hewlett-Packard in the global notebook-PC market, with a 19% share, and is poised to overtake Dell as the second largest computer seller in the world. (Read "New Netbooks Debut at Taiwan Computer Show...
...Welcome to Chaiwan "What do you think of Chaiwan?" Christine Chen, an anchor on Taiwan's ETTV news network, asked me during a June visit to Taipei. The term Chaiwan, she said, was the talk of Taipei. Turns out that the word, meant to connote the growing economic ties between China and Taiwan, was supposedly coined by the South Korean press. The Seoul Economic Daily, a Korean business newspaper, recently ran a series of articles under the banner: "The Chaiwan Storm Is Coming." One noted that "the combination of China's capital and Taiwan's high technology ... warns...
...been operating under severe restrictions, such as a ban on direct travel between China and Taiwan, and limitations on investment, which put Taiwan at a disadvantage versus other economies in Asia that enjoyed greater access to the mainland. The regulations were a result of the tense political relationship between Taipei and China's leaders in Beijing, who consider Taiwan a breakaway province. Read "What 60-Year Chill? Chinese Tourists Flock to Taiwan...
...electronic components to China, which were assembled in mainland factories and re-exported to customers in the West. But now Taiwan companies are looking to redirect their products toward China's wealthier consumers, thereby decreasing Taiwan's dependence on the U.S. Flat-screen-display maker AmTRAN Technology, based near Taipei, operates factories in China that export primarily to North America, but the company is tying up this year with a Chinese electronics brand to sell TVs inside China as well. "This year, we're putting a lot into China," AmTRAN president Frank Wu says...
...with reporting by Jiyeon Lee / Seoul and Natalie Tso / Taipei...