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☆ Foxconn's electric car unit falls in market debut amid tough industry outlook
▼ + stars: | 2023-11-20 | by ( ) www.reuters.com time to read: +2 min

A view of a Foxtron logo on a electric vehicle on display during the company's annual Tech Day in Taipei, Taiwan, October 18, 2022. REUTERS/Ann Wang/File Photo Acquire Licensing RightsTAIPEI, Nov 20 (Reuters) - Shares in Foxtron Vehicle Technologies (2258.TW), a unit of Taiwanese contract manufacturer Foxconn (2317.TW), fell in their market debut on Monday, hurt by concerns over headwinds in the highly competitive electric vehicle market. Foxtron shares did recover some ground from earlier losses of as much as 9%, ending down 2.7% which gave it a market capitalisation of around $2.7 billion. Foxtron is a joint venture between Foxconn - the world's largest contract manufacturer for iPhones and other consumer electronics - and local car maker Yulon (2201.TW). Young Liu, chairman of both Foxtron and Foxconn, said, however, the company has a clear strategy for growth.

Persons: Ann Wang, Foxtron, Yulon . Young Liu, Liu, Foxconn, Terry Gou, Ben Blanchard, Faith Hung, Anne Marie Roantree, Navaratnam, Edwina Gibbs Organizations: Tech Day, REUTERS, Rights, Vehicle Technologies, Mega International Securities, Yulon, Thomson Locations: Taipei, Taiwan, Rights TAIPEI, Foxconn, North America, Southeast Asia, China

☆ Fearing China, South Korea targets firms building Taiwan navy submarines
▼ + stars: | 2023-10-16 | by ( Ju-Min Park | ) www.reuters.com time to read: +10 min

SI Innotec, which was fined in August 2022, and Park, who received a suspended prison sentence, deny wrongdoing and have appealed. The equipment was not designed solely for military purposes and did not involve sensitive technology, SI Innotec told Reuters. SI Innotec said the contract, at CSBC's request, listed the equipment's primary use as for wind power generation. "The accused were fully aware that the subject equipment would be used to manufacture a military submarine", the court ruled. It was at this point that Seoul's foreign ministry told DAPA it disapproved of the deal, one of them said.

Persons: Tsai Ing, Narwhal, Carlos Garcia Rawlins, Park Mal, sik, China's, DAPA, Moon Jae, Taiwan's, Innotec, SI Innotec, Moo, sik —, —, Yang Hyang, Yang, KHNT's, KHNT, Cho Hyeon Gyu, 1,343.1000, Ben Blanchard, Faith Hung, Tian, Katerina Ang, Josh Smith Organizations: REUTERS, Rights, Reuters, Administration, Keumha Naval Technology, South, Police, Foreign Ministry, Democratic Progressive Party, Indigenous Defense, South Korean, Foreign Trade, SI, Thomson Locations: Kaohsiung, Taiwan, Rights SEOUL, Beijing, Seoul, U.S, China, South Korea, Park, Taipei, Netherlands, Pacific, Beijing . U.S, Changwon, Korea

☆ Small Quake Rattles Taiwan, No Immediate Damage Reports
▼ + stars: | 2023-10-14 | by ( Oct. | At A.M. | ) www.usnews.com time to read: 1 min

TAIPEI (Reuters) -A magnitude 5.3 earthquake struck off Taiwan's east coast on Saturday, the island's weather bureau said, briefly shaking buildings in the capital Taipei but with no immediate reports of damage. The epicentre of the earthquake was in the sea off Hualien county with a depth of 7.2 km (4.5 miles), the weather bureau said. Taiwan lies near the junction of two tectonic plates and is prone to earthquakes. More than 100 people were killed in a quake in southern Taiwan in 2016, while a 7.3 magnitude quake killed more than 2,000 people in 1999. (Reporting by Ben Blanchard and Faith Hung; Editing by William Mallard)

Persons: Ben Blanchard, Faith Hung, William Mallard Locations: TAIPEI, Taiwan's, Taipei, Hualien, Taiwan

☆ Taiwan c.bank flags forex intervention if 'extreme' fluctuations
▼ + stars: | 2023-10-04 | by ( ) www.reuters.com time to read: +2 min

REUTERS/Thomas White/Illustration/File Photo Acquire Licensing RightsTAIPEI, Oct 4 (Reuters) - Taiwan's central bank will intervene in the foreign exchange market if there are "extreme" fluctuations to maintain financial stability, its governor Yang Chin-long said on Wednesday. Taking lawmakers' questions in parliament, Yang said the central bank will intervene in the forex market as needed if there are "extreme" fluctuations, as they seek to slow the Taiwan dollar's depreciation. Yang said Treasury "didn't really mind" about Taiwan intervening to arrest the Taiwan dollar's depreciation. The central bank last month flagged continued tight monetary policy as it keeps a close eye on inflation, and trimmed its 2023 growth forecast for the export-reliant economy. Yang said the current global interest rate cycle was nearing an end, and that Taiwan would be "no exception".

Persons: Thomas White, Yang Chin, Yang, Faith Hung, Ben Blanchard, Tom Hogue, Kim Coghill Organizations: REUTERS, Rights, Taiwan, U.S . Treasury Department, Thomson Locations: Taiwan, Rights TAIPEI, U.S

☆ Pegatron India fire traced to workers' failure to turn off switch -sources
▼ + stars: | 2023-09-27 | by ( Praveen Paramasivam | ) www.reuters.com time to read: +4 min

People are seen outside the main gate of the Pegatron facility following a fire incident at the facility near Chennai, India, September 26, 2023. A senior Tamil Nadu government source, and another industry source briefed on the matter, detailed how Sunday's events unfolded. One smartphone industry source with direct knowledge said the charging racks at the Pegatron plant are typically switched off after three Saturday shifts end early on Sundays. The fire damaged some machines, said the government source and another source with direct knowledge, who spoke on condition of anonymity. About 8,000 people work on the assembly line at the Pegatron facility, which sprawls across 39,000 sq.

Persons: Praveen, Pegatron, Praveen Paramasivam, Munsif, Faith Hung, Ben Blanchard, Aditya Kalra, Clarence Fernandez Organizations: REUTERS, Sunday, Reuters, Apple, Tamil, Firemen, Thomson Locations: Chennai, India, Tamil Nadu, Taiwan, Chengalpattu, Bengaluru, Taipei

REUTERS/Ann Wang/File Photo Acquire Licensing RightsTAIPEI, Aug 24 (Reuters) - Taiwan will spend an extra T$94.3 billion ($2.97 billion) to buy weapons next year including fighter jets to bolster its defences against China, the government said on Thursday, and will get a further boost from new F-16 fighter jet tracking systems. Taiwan President Tsai Ing-wen already announced on Monday that overall proposed defence spending for 2024 would be set at T$606.8 billion, a 3.5% increase from the previous year. The United States on Wednesday approved a possible $500 million sale to Taiwan of infrared search and track systems for F-16 fighter jets, as well as other equipment. China, which routinely denounces any foreign arms sales to Taiwan, urged the United States to immediately cancel the planned sale, its foreign ministry said. Tsai has overseen a military modernisation programme to make the armed forces better able to face China, including upgrading a fleet of F-16 fighter jets and developing submarines.

Persons: Ann Wang, Tsai Ing, Po, huei, Tsai, Ben Blanchard, Faith Hung, Andrew Hayley, Christopher Cushing, Miral Organizations: Taiwan's Defence Ministry, REUTERS, Rights, United States, Democratic Progressive Party, Thomson Locations: Taichung, Taiwan, Rights TAIPEI, China, Taipei, United States, United, Beijing

☆ Taiwan proposes extra $3 bln spending on new weapons next year
▼ + stars: | 2023-08-24 | by ( ) www.reuters.com time to read: +2 min

A view shows a loitering munition UAV on display as Taiwan's Defence Ministry showcases its domestically developed drones to the media, in Taichung, Taiwan March 14, 2023. REUTERS/Ann Wang/File Photo Acquire Licensing RightsTAIPEI, Aug 24 (Reuters) - Taiwan will spend an extra T$94.3 billion ($2.97 billion) to buy weapons next year including fighter jets, the government said on Thursday as the island bolsters its defences in the face of rising threats from China. Taiwan President Tsai Ing-wen already announced on Monday that overall proposed defence spending for 2024 would be set at T$606.8 billion, a 3.5% increase from the previous year. Defence spending for next year will amount to 2.5% of Taiwan's GDP. ($1 = 31.7490 Taiwan dollars)Reporting by Ben Blanchard and Faith Hung; Editing by Christopher Cushing and Miral FahmyOur Standards: The Thomson Reuters Trust Principles.

Persons: Ann Wang, Tsai Ing, Tsai, Ben Blanchard, Faith Hung, Christopher Cushing, Miral Organizations: Taiwan's Defence Ministry, REUTERS, Rights, Democratic Progressive Party, Defence, U.S . State Department, Pentagon, Thomson Locations: Taichung, Taiwan, Rights TAIPEI, China, Taipei

TAIPEI, Aug 18 (Reuters) - Foreign investors seem to be undeterred by the possibility that growing tensions between Taiwan and China could precipitate fund outflows from the Taiwan market, the chairman of the Taiwan Stock Exchange told Reuters. "Foreign investors have recently trimmed their holdings. "We have talked to foreign investors, including from countries such as Japan and Singapore. "Even with the regular sight of Chinese warplanes flying around, why have foreign investors not left the Taiwan market?" "Taiwan's supply chain is very strong.

Persons: Sherman Lin, Lin, Faith Hung, Roger Tung, Jacqueline Wong Organizations: Taiwan Stock Exchange, Reuters, Investment, Depository Trust, Clearing, Thomson Locations: TAIPEI, Taiwan, China, Asia, Japan, Singapore, New York, Boston

A man wearing a face mask passes in front of screens showing trading data while using an escalator outside Taiwan Stock Exchange in Taipei, Taiwan March 20, 2023. REUTERS/Annabelle Chih/File Photo Acquire Licensing RightsTAIPEI, Aug 18 (Reuters) - Foreign investors seem to be undeterred by the possibility that growing tensions between Taiwan and China could precipitate fund outflows from the Taiwan market, the chairman of the Taiwan Stock Exchange told Reuters. Taiwan Stock Exchange Chairman Sherman Lin said in an interview this was a natural plateau after a rally rather than a sign that foreign funds are fleeing the market. "We have talked to foreign investors, including from countries such as Japan and Singapore. "Even with the regular sight of Chinese warplanes flying around, why have foreign investors not left the Taiwan market?"

Persons: Annabelle Chih, Sherman Lin, Lin, Faith Hung, Roger Tung, Jacqueline Wong Organizations: Taiwan Stock Exchange, REUTERS, Rights, Reuters, Investment, Depository Trust, Clearing, Thomson Locations: Taiwan, Taipei, Rights TAIPEI, China, Asia, Japan, Singapore, New York, Boston

☆ Apple supplier Foxconn's Q2 profit slips 1%, beats forecasts
▼ + stars: | 2023-08-14 | by ( ) www.reuters.com time to read: +1 min

REUTERS/Dado Ruvic/Illustration/File PhotoTAIPEI, Aug 14 (Reuters) - Apple Inc (AAPL.O) supplier Foxconn (2317.TW) reported on Monday a 1% drop in second-quarter net profit, as global economic woes hurt demand for smart consumer electronics. The Taiwanese company, the world's largest contract electronics maker, said net profit for the April-June quarter slipped to T$33 billion ($1.0 billion) from a revised T$33.29 billion in the same period the previous year. It was better than an average forecast of T$25.57 billion profit from 13 analysts, according to Refinitiv. Foxconn said it expected revenue for its smart consumer electronics products to slightly decline year on year in the third quarter. Foxconn shares rose 1.4% ahead of the results on Monday, compared to a 1.3% fall in the main market (.TWII).

Persons: Dado Ruvic, Foxconn, Sarah Wu, Hung, Ben Blanchard, Tom Hogue Organizations: REUTERS, Apple Inc, TW, Thomson Locations: TAIPEI, Taiwan

HONG KONG/TAIPEI, July 21 (Reuters) - Investors are putting aside geopolitical tensions to pile in to Taiwan stocks, with foreign inflows the biggest in years, thanks to soaring artificial intelligence and chipmaking stocks. Rather, investors say it's all the more sturdy as the bogged-down conflict deters Chinese action and risks can be managed by keeping positions liquid with one eye on a possibly quick exit. "A potential escalation of events in the Taiwan Strait down the line is less relevant for these investors," he said. "So that makes Taiwan’s AI supply chain very attractive for foreign investors, and we believe their fund inflows will continue to be strong throughout the year." Investors say Taiwan's market is uniquely positioned to benefit because it is exposed to the sector's growth from applications to components, where demand is rebounding.

Persons: Carlos Casanova, Warren Buffett, we've, Frank Benzimra, Hai, Andrew Swan, Goldman Sachs, Clarence Chan, Summer Zhen, Kim Coghill Organizations: Nasdaq, Union Bancaire, Taiwan Semiconductor Manufacturing, Societe Generale ., Accton Technology, Hai Precision Industry, Wistron Corp, Alchip Technologies, Ark Investment Management, Vanguard, PineBridge Investments, Mellon Investment Management, Thomson Locations: HONG KONG, TAIPEI, Taiwan, Asia, Ukraine, Taiwan Strait, China, Taipei, Japan, PineBridge Investments Asia, Alchip, Asia Pacific, Hong Kong

One senior Taiwan fund manger told Reuters that third quarter profit would bounce back given expectations for AI demand and launches of new iPhones ahead of the year-end holiday shopping season. The second quarter is traditionally a slow period for sales for the tech industry with demand usually picking up in the third quarter and towards the year-end shopping season. TSMC , Asia's most valuable listed company, posted a surprise rise in net profit for the quarter ended March, up 2% from a year earlier. The company will provide guidance for the third quarter and update previous forecasts on its earnings call at 0600 GMT on Thursday. ($1 = 30.9600 Taiwan dollars)Reporting by Faith Hung and Ben Blanchard Editing by Shri NavaratnamOur Standards: The Thomson Reuters Trust Principles.

Persons: TSMC, TSMC's, Faith Hung, Ben Blanchard, Shri Navaratnam Organizations: TAIPEI, Taiwan Semiconductor Manufacturing Co, Nvidia, Reuters, Investment, EV, Thomson Locations: Taiwan, China, Taipei

☆ Prologium CEO: Working with France to determine battery project subsidies
▼ + stars: | 2023-06-09 | by ( ) www.reuters.com time to read: 1 min

TAIPEI, June 9 (Reuters) - Taiwanese electric vehicle battery maker ProLogium is working with the French government to determine the total amount of subsidies for its project in the north of France, Prologium's CEO said on Friday. Vincent Yang told reporters in Taipei that the parties were in the final phase of talks and that he expected a joint announcement by the end of this year. He also said there would be many sources of funding including loans, equity, and investment from automakers. Reporting by Faith Hung in Taipei; Editing by Christopher CushingOur Standards: The Thomson Reuters Trust Principles.

Persons: Vincent Yang, Faith Hung, Christopher Cushing Organizations: Thomson Locations: TAIPEI, France, Taipei

☆ TSMC feeling 'good' about possible Germany plant, in talks on subsidies
▼ + stars: | 2023-06-06 | by ( ) www.reuters.com time to read: +2 min

TAIPEI, June 6 (Reuters) - Taiwanese chipmaker TSMC (2330.TW) is feeling "good" about talks over a possible first European factory in Germany and is discussing subsidies with the host country's government, the company's chairman said on Tuesday. TSMC, the world's largest contract chipmaker, has been in talks with the German state of Saxony since 2021 about building a fabrication plant, or "fab," in Dresden. Speaking at the company's annual shareholders meeting, Taiwan Semiconductor Manufacturing Co's Chairman Mark Liu said the company had already sent executives to Germany a few times for talks on the possible new plant. "So far the feeling is good," he said, adding there were some "gaps" in the supply chain and labour in Germany but these were being addressed. "We are still negotiating with Germany on subsidies, how much the subsidies will be, that there won't be conditions for the support.

Persons: TSMC, Mark Liu, Liu, Faith Hung, Ben Blanchard, Jacqueline Wong, Jamie Freed Organizations: European Union, EU, Taiwan Semiconductor Manufacturing, U.S ., Industry, U.S . Department of Commerce, Thomson Locations: TAIPEI, Germany, Saxony, Dresden, Asia, United States, U.S, Arizona

☆ TSMC expects H2 performance to be better than H1
▼ + stars: | 2023-06-06 | by ( ) www.reuters.com time to read: 1 min

TAIPEI, June 6 (Reuters) - Taiwanese chipmaker TSMC (2330.TW) said on Tuesday it expects its performance to be better in the second half of the year than the first. First half revenue is expected to drop 10% year-on-year in U.S. dollar terms, CEO C.C. Wei told the company's annual shareholders meeting. Reporting by Faith Hung and Ben Blanchard; Editing by Jacqueline WongOur Standards: The Thomson Reuters Trust Principles.

Persons: TSMC, C.C, Wei, Faith Hung, Ben Blanchard, Jacqueline Wong Organizations: Thomson Locations: TAIPEI

☆ Foxconn sees AI driving strong server demand, but full year to be flat
▼ + stars: | 2023-05-31 | by ( ) www.reuters.com time to read: +2 min

"You can see the market for AI servers will rise much faster than expected. The Taiwanese company has a 40% global market share for servers and aims to further increase that, Liu added. In the first quarter, Foxconn's cloud and network products segment, which includes servers, accounted for 22% of revenue, second only to smart consumer electronics - which includes smartphones - at 56%. Foxconn, which assembles around 70% of iPhones, has been diversifying production away from China, whose strict COVID-19 restrictions disrupted its biggest iPhone plant last year. Liu said China, including its massive iPhone plant in China's Zhengzhou, remained very important for Foxconn.

Persons: Liu Young, Liu, Foxconn, Jun Seki, Ben Blanchard, Faith Hung, Christopher Cushing Organizations: Apple Inc, Hai Precision Industry Co, General Motor Co, Nissan, EV, Thomson Locations: TAIPEI, Lordstown , Ohio, EVs, Taiwan, United States, Indonesia, India, China, Beijing, Washington, China's Zhengzhou

TAIPEI/BEIJING, April 6 (Reuters) - Taiwan was keeping a close watch on a Chinese aircraft carrier and threats to inspect ships in the Taiwan Strait on Thursday after Beijing condemned a meeting between Taiwan President Tsai Ing-wen and U.S. House Speaker Kevin McCarthy. The meeting took place at a low ebb of U.S.-China relations and despite threats of retaliation from Beijing, which claims democratically governed Taiwan as its own. In March of last year, the Shandong sailed through the Taiwan Strait, just hours before the Chinese and U.S. presidents were due to talk. However, Taiwan is also concerned about China's announcement late Wednesday that its maritime safety administration is to inspect ships in the Taiwan Strait, including possibly boarding them. Defence Minister Chiu said Taiwan will react if Chinese patrol ships cross the Taiwan Strait's median line, which normally serves as an unofficial barrier between the two sides.

☆ Taiwan says sees no signs of PLA deployment before president's US trip
▼ + stars: | 2023-03-27 | by ( ) www.reuters.com time to read: +1 min

China, which views Taiwan as its own territory, staged war games around the island last August following a trip to Taipei by then U.S.-House Speaker Nancy Pelosi. On her way back to Taiwan, she will transit through Los Angeles, where she is likely to meet current House Speaker Kevin McCarthy. Taking lawmakers' questions in parliament, Taiwan deputy defence minister Po Horng-huei said China has three to four warships operating around Taiwan every day, which has already become a "new normal". If there are any changes in China's military deployment, Taiwan must be prepared for the worst-case scenario, he said. "So far there is no sign of any special military deployment," Po added.

☆ Taiwan says China's involvement in Honduras is obvious
▼ + stars: | 2023-03-23 | by ( ) www.reuters.com time to read: +2 min

TAIPEI, March 23 (Reuters) - Taiwan sees China's involvement in Honduras' decision to seek to end relations with the island as very obvious and the situation does not look good with Honduras demanding a "high price", the island's foreign minister said on Thursday. Honduras denied on Wednesday it had demanded $2.5 billion in aid from Taiwan before its announcement to seek to open relations with China, instead saying the country had repeatedly requested Taiwan buy Honduran public debt. read moreSpeaking to reporters at parliament, Taiwan Foreign Minister Joseph Wu said the situation with Honduras was "not very good". Honduras Foreign Minister Eduardo Enrique Reina said last week Honduras' decision was partly because the Central American country was "up to its neck" in financial challenges and debt - including $600 million it owes Taiwan. Wu, answering a lawmaker question, said Honduras did not just owe Taiwan money.

☆ Taiwan says it has contingency plans for China moves while president abroad
▼ + stars: | 2023-03-22 | by ( ) www.reuters.com time to read: +2 min

REUTERS/Ann Wang/File PhotoTAIPEI, March 22 (Reuters) - Taiwan's defence ministry has contingency plans for any moves by China during Taiwan President Tsai Ing-wen's overseas visit, Deputy Defence Minister Po Horng-huei said on Wednesday ahead of Tsai going to the United States and Central America next week. Asked by reporters on the sidelines of a parliament session whether China was likely to stage more drills when Tsai is abroad, Po said the armed forces were prepared. "When it comes to what the Chinese communists have done in the past, the defence ministry can have a grasp on it, and will consider the worse scenario," he said. "During the president's overseas visit, the defence ministry has contingency plans for all moves" by China, Po added, declining to give details. China, which has condemned Tsai's planned U.S. stop over, has continued its military activities around Taiwan since August, though on a much reduced scale.

☆ Taiwan warns Honduras against 'poison' of aid from China
▼ + stars: | 2023-03-16 | by ( ) www.reuters.com time to read: +2 min

[1/2] The flags of Taiwan and Honduras flutter in the wind outside the Taiwan Embassy in Tegucigalpa, Honduras March 15, 2023. Honduran President Xiomara Castro said on Tuesday she had asked her foreign minister to open official relations with China. Reina said Honduras had asked Taiwan to double its annual aid to $100 million but never received an answer. Taiwan denied that, saying comments from the Honduran foreign minister did not reflect facts of their communications. China does not allow countries with which it has diplomatic relations to maintain official ties with Taiwan, which it claims as its own territory with no right to state-to-state ties, a position Taiwan strongly disputes.

☆ Taiwan warns Honduras against 'poison' of taking aid from China
▼ + stars: | 2023-03-16 | by ( ) www.reuters.com time to read: +3 min

[1/2] The flags of Taiwan and Honduras flutter in the wind outside the Taiwan Embassy in Tegucigalpa, Honduras March 15, 2023. Honduran President Xiomara Castro said on Tuesday she had asked her foreign minister to open official relations with China. "We remind the Honduran government that it should not quench its thirst with poison, even if fully parched by debt obligations," the Taiwan ministry said. Reina said Honduras had asked Taiwan to double its annual aid to $100 million but never received an answer. Taiwan denied that, saying comments from the Honduran foreign minister did not reflect facts of their communications.

TAIPEI, March 15 (Reuters) - Apple Inc supplier Foxconn (2317.TW) said on Wednesday it expected smart consumer electronics demand would decline slightly this year, as it reported a 10% fall in fourth-quarter net profit from a year earlier, in line with analysts estimates. The world's largest contract electronics maker, which gets more than half of its revenue from consumer electronics, forecast significant growth this year in other areas such as computing, cloud and networking and component products. Net profit for the October-December quarter fell to T$40 billion ($1.31 billion) from T$44.4 billion in the same period the previous year, the company said. That was in line with an average forecast of T$39.98 billion profit by 13 analysts, according to Refinitiv. In the fourth quarter, revenue for its key consumer electronics products division was flat compared to a year ago, the company said in a statement, without elaborating.

TAIPEI, March 15 (Reuters) - Apple Inc supplier Foxconn (2317.TW) on Wednesday said it plans to ramp up investment outside of China and efforts to attract automakers to its contract manufacturing business, as the company reported weaker demand for consumer electronics. Foxconn, which assembles around 70% of iPhones, has been diversifying production away from China, whose strict COVID restrictions disrupted its biggest iPhone plant last year. The company also seeks to avoid a potential hit to its business from mounting trade tensions between Beijing and Washington. "Foxconn will actively expand its EV business in North America and work more comprehensively with traditional and start-up car makers," Liu said. Liu said revenue from EV components is expected to rise sharply to between T$50 billion and T$100 billion this year from T$20 billion last year.

☆ Taiwan says it hopes to bring back soldier who went to China
▼ + stars: | 2023-03-14 | by ( ) www.reuters.com time to read: +2 min

TAIPEI, March 14 (Reuters) - Taiwan's defence minister said on Tuesday that the government is investigating the disappearance of a soldier serving on an offshore island who has been found in China, and vowed to bring him back. Speaking to reporters at parliament, Minister Chiu Kuo-cheng said: "We certainly hope to bring him back home. The minister denied what he called rumours that the soldier had fled from abusive treatment by the military. The soldier, serving on Erdan islet close to the Chinese coast, went missing last week and was found on Monday. China, which views Taiwan as its own territory, has over the past three years stepped up military and political pressure to try and get Taiwan to accept Chinese sovereignty.

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