DIRS.INFO The most relevant business & tech news

☆ Photos shine a light on Taiwan’s ‘betel nut beauties’
▼ + stars: | 2024-04-24 | by ( Emma Russell | ) edition.cnn.com time to read: +7 min

To meet her sales targets, the betel nut “must be delicious.” she told CNN in an email. A betel nut stall in Taipei. “I loved driving there because there were the betel nut girls,” she recalled in a phone interview. One of Han's subjects, Ju Ju, is pictured at a booth in the city of Taoyuan. But Ju Ju has since grown to value the stability of the job.

Persons: Mong Shuan, Mong, Constanze Han, “, ”, we’d, Han, Han “, ’ ”, Susan Meiselas, Xiao Hong, Ju, Ju Ju, —, Constanze Organizations: CNN, Mong, ”, island’s Ministry of Health, Welfare Locations: Taiwan, Asia, Taipei, Kaohsiung, Amsterdam, Hong Kong and New York, America, New England, New Taipei City, Taoyuan, Constanze

☆ Here are the top 10 smartest cities in the world — and none are in the U.S.
▼ + stars: | 2024-04-22 | by ( Ernestine Siu | In Ernestinesiu | ) www.cnbc.com time to read: +4 min

These are the ten smartest cities in the world, according to IMD. This year's index was produced by the IMD World Competitiveness Center's Smart City Observatory in collaboration with the World Smart Sustainable Cities Organization (WeGO) that's based in Seoul, South Korea. Smart cities in Europe and Asia are gaining ground globally while North American cities have fallen down the ranks, according to the 2024 Smart City Index released April. Here are the top 10 smart cities, according to the 2024 Smart City Index. While European cities dominated the list, Asian cities are gaining ground too.

Persons: Bruno Lanvin, Lanvin Organizations: IMD, Smart, Smart Sustainable Cities Organization, United Arab Emirates, Washington DC, San, U.S, Boston, CNBC Locations: Seoul, South Korea, Europe, Smart, Asia, Zurich, Switzerland Oslo, Norway Canberra, Australia Geneva, Switzerland Singapore Copenhagen, Denmark Lausanne, Switzerland London, England Helsinki, Finland Abu Dhabi, Denver, Los Angeles, San Francisco, New York City, Chicago, Singapore, Beijing, Taipei City, Shanghai

☆ China's internet is filled with well-wishes for earthquake-stricken Taiwan — and veiled references that the PLA can help
▼ + stars: | 2024-04-03 | by ( Matthew Loh | ) www.businessinsider.com time to read: +4 min

Taiwan's 7.2-magnitude earthquake has drawn seemingly friendly messages on China's social media. But they're also indicative of China's ambitions for Taiwan, and what Chinese people think of the island. AdvertisementA 7.2-magnitude earthquake that hit Taiwan on Wednesday morning prompted a wave of concerned messages on mainland China's social media, diverting from the usual hostile rhetoric toward the self-governed island. Like many of China's social media platforms, Weibo is heavily censored and moderated. However, kinetic conflict is still widely viewed on social media as only one of several options for unification.

Persons: they're, —, Fabian Hamacher, Xi Jinping, Zhang Yongjin, Xi Organizations: Service, Wednesday, Reuters, REUTERS, Business, Taiwan, People's Liberation Army, PLA, Getty, Observers Locations: Taiwan, Hualien, New Taipei City, Weibo, Beijing, China, Shiyuan Township, Jishishan County, Gansu Province, Xinhua, Sichuan, Taipei

☆ Taiwan's political disrupter could be kingmaker in a split parliament. Here's why it matters
▼ + stars: | 2024-01-26 | by ( Clement Tan | ) www.cnbc.com time to read: +8 min

Taiwan People's Party (TPP) presidential candidate Ko Wen-je speaks during an interview in New Taipei City on December 12, 2023. He urged his disappointed young supporters, some of them crying, not to give up, and framed himself as a one-man social movement crusading for political change. Since this social movement has not fully materialized, let's keep working hard," the former Taipei City Mayor told supporters in Mandarin. That kind of populist messaging appeals to people who feel like Taiwan's current economic and political system is not benefiting them. Taiwan's young and restlessIn any case, Taiwan's two major parties now face a battle to cater to younger voters that could come at the expense of older votes or a focus on broader strategic interests.

Persons: Ko Wen, Cheng, we'll, Ko, let's, Wei, Ting Yen, Sara Newland, Taiwan's, Newland, Lai Ching, Taiwan People's Party —, —, Yuan, Beijing's, Tsai Ing, Annice Lyn, Xi Jinping, Lily, Hwa CHENG, HWA CHENG, Ho Organizations: Taiwan People's Party, AFP, Getty, TAIPEI, Taipei City Mayor, Democratic Progressive Party, Kuomintang, Franklin, Marshall College, CNBC, Sara Newland Smith, Ko's, Taipei, KMT, Smith College, National Taiwan University, Democratic, Chinese Communist Party, HWA, Afp, Sunflower Movement Locations: Taiwan, New Taipei City, China, Taipei, Xinzhuang, AFP

☆ Taiwan made its choice on who will lead it into an uncertain future as China remains hellbent on controlling it, and tough times may lie ahead
▼ + stars: | 2024-01-13 | by ( Chris Panella | ) www.businessinsider.com time to read: +11 min

Read previewTaiwan has elected its new president, the Democratic Progressive Party's Lai Ching-te, who is also the current Vice President. While experts still assess that an invasion of Taiwan remains unlikely in the near future, that doesn't diminish concerns about other ways China could squeeze the island. AdvertisementTaiwan's Vice President and presidential candidate for the ruling Democratic Progressive Party (DPP) Lai Ching-te (C) casts his ballot to vote on January 13, 2024, in Tainan, Taiwan. Nevertheless, the win marks the first time a political party in Taiwan has won a presidential election three times in a row. The supporters of Democratic Progressive Party (DPP) cheer at an election campaign on January 12, 2024 in Tainan, Taiwan.

Persons: —, Party's Lai Ching, Lai's, Lai, Tsai Ing, Lai Ching, Tsai, Getty Images Lai, Hou, Ko Wen, Amanda Hsiao, Annabelle Chih, Nancy Pelosi, flack, Annice Lyn, He's, Hsiao, Hao, Hou Yu, Beijing's, Chuan Kang, Xi Jinping, It'll, Joe Biden's, Xi, Biden, it's, BRENDAN SMIALOWSKI Organizations: Service, Democratic, Taiwan, Business, Democratic Progressive Party, Getty Images, ih, Taiwan's People Party, Kuomintang, KMT, Getty, Washington, NBC, US, People's Liberation Army Locations: Taiwan, China, Beijing, Taipei, New Taipei City, AFP, Tainan, Taichung, Taipei , Washington, San Francisco

Taipei, Taiwan CNN —Taiwan’s ruling Democratic Progressive Party pulled off a historic third consecutive presidential victory on Saturday as voters shrugged off warnings by China that their re-election would increase the risk of conflict. The counting of votes has concluded, with Lai – the candidate of Taiwan’s ruling Democratic Progressive Party (DPP) – receiving just over 40% of the total votes, according to Taiwan’s Central Election Commission (CEC). Taiwan’s opposition Kuomintang (KMT) party candidate Hou Yu-ih garnered 33.49% of the votes, with Taiwan People’s Party (TPP) candidate Ko Wen-je received 26.45%. A spokesperson for China’s Taiwan Affairs Office insisted the election result “does not represent the mainstream view on the island.”“Taiwan is China’s Taiwan. “There’s multiple times that China could cause a fuss over a DPP victory, either now or later this year,” Nachman said.

Persons: Taiwan CNN — Taiwan’s, Lai Ching, ” Lai, “, Hsiao Bi, Lai –, Taiwan’s, –, Hou Yu, Ko Wen, je, Xi Jinping, Xi, Yasuyosh Chiba, Tsai Ing, Lai, Tsai, China’s, ” Xi, Hsiao, ”, Jaw Shaw, kong, Sam Yeh, Biden, Wang, Lev Nachman, ” Nachman, Nachman, hasn’t, they’ve Organizations: Taiwan CNN, Democratic Progressive Party, Commission, Kuomintang, KMT, ih, Taiwan People’s Party, Taiwan Affairs Office, Xinhua, China’s Communist Party, Party, Taiwan, Communist, DPP, Chinese Communist Party, Taiwan’s, Illinois State University, National Chengchi University, China’s Taiwan Affairs, Taiwan “, Analysts Locations: Taipei, Taiwan, China, United States, Beijing, ”, China’s Taiwan, AFP, “, New Taipei City, Washington, Taiwan Strait

☆ Vote counting begins in closely watched Taiwan election
▼ + stars: | 2024-01-10 | by ( Clement Tan | ) www.cnbc.com time to read: +9 min

With China intensifying its rhetoric on its claim over Taiwan, global observers are billing this Taiwan election as highly pivotal for security in the Asia-Pacific at a time of testy U.S.-China relations. If Lai and Hsiao win the Jan. 13 vote for the Taiwan presidential office, it would mark the first time any political party has stayed in office for more than two consecutive terms since Taiwan introduced direct presidential elections in 1996. Campaign posters for various legislative member candidates in Taipei, Taiwan, on Wednesday, Dec. 27, 2023. China's Taiwan affairs office has characterized the self-ruled island's election as a choice between "peace and war, prosperity and decline." "China has always meddled whenever there is an election in Taiwan, but this time, it's the most serious."

Persons: Hou Yu, Hei Leung, Ko Wen, policymaking, Tsai Ing, Ko, Cynthia Wu, Jing Bo, jiun, Sam Yeh, Jing, Tsai, Lai Ching, Hsiao, United States —, Lai, Timothy S, Rich, Jaw Shaw, kong, Hou, Kevin Luo, Xi Jinping, Joe Biden, Xi, Biden, Nancy Pelosi, Rong Xu, Democratic Progressive Party Lai Ching, Yasuyoshi Chiba, DPP's Lai, Weeks Organizations: ih, Anadolu, Getty, Democratic Progressive Party, Kuomintang, Taiwan People's Party, China, Local, KMT, Taiwan Studies, University of Oxford, AFP, Taiwan, Rich Western Kentucky University, Taiwan's National Police Agency, New, DPP, University of Minnesota, Western Kentucky University, U.S, China -, APEC, CNBC, Former U.S, Bloomberg, Taiwan's DPP, Beijing, Cross Straits Service Locations: Taichung, Taiwan, Taipei, Asia, Pacific, U.S, China, Hsinchu, United States, Overconfidence, New Taipei City, China - U.S, Beijing, Taiwan Strait, Kaohsiung

☆ Exclusive: China lures hundreds of Taiwan politicians with cheap trips before election
▼ + stars: | 2023-12-01 | by ( Yimou Lee | Thomson Reuters | Yimou Lee Is A Senior Correspondent For Reuters Covering Everything Taiwan | ) www.reuters.com time to read: +5 min

Across Taiwan security agencies are looking into more than 400 visits to China in the past month, most led by local opinion leaders such as borough chiefs and village heads, a Taiwan security official looking into China's activities told Reuters. He said it was "self-evident" Beijing was trying to sway Taiwan elections through means including free trips for politicians. More than 300 borough chiefs or village heads from populous central Taiwan alone have participated in such trips to China in the past few months, this person said. "Certain borough chiefs have become the window of contacts in Taiwan for some Chinese units." Chinese officials allegedly asked participants to support certain political parties and "oppose Taiwan independence", the prosecutors said in a statement.

Persons: Tsai Ing, Chiu Tai, Hsing Tai, chao, Yimou Lee, Ben Blanchard, William Mallard Organizations: Beijing, Reuters, China's Taiwan Affairs Office, Mainland Affairs Council, Chinese Communist Party, Thomson Locations: TAIPEI, Beijing, China, Taiwan, Taipei, Shanghai, New Taipei City, Kaohsiung

☆ Foxconn to invest $1.5 bln to expand India operations
▼ + stars: | 2023-11-27 | by ( ) www.reuters.com time to read: +1 min

A Foxconn shareholder poses for photos after the annual shareholder meeting in New Taipei City, Taiwan May 31, 2023. REUTERS/Ann Wang/File Photo Acquire Licensing RightsBENGALURU, Nov 27 (Reuters) - Taiwan's Foxconn (2317.TW) will invest $1.5 billion in India in its latest expansion plan, the world's largest contract manufacturer of electronics said on Monday. The company, which announced the investment plan in a stock exchange filing, did not provide any further details. Foxconn has been rapidly expanding its presence in India by investing in manufacturing facilities in the south of the country. The contract manufacturer aims to double its workforce and investment in India by next year, a company executive had said in September.

Persons: Ann Wang, Foxconn, Liu Young, Kashish Tandon, Krishna Chandra Organizations: REUTERS, Rights, Thomson Locations: New Taipei City, Taiwan, India, Bengaluru

☆ Taiwan ruling party powers ahead as chaos engulfs opposition campaign
▼ + stars: | 2023-11-22 | by ( ) www.reuters.com time to read: +3 min

[1/2] Taiwan's Vice President Lai Ching-te and his running mate Hsiao Bi-Khim arrive to register for the upcoming presidential election for the ruling Democratic Progressive Party (DPP) at the Central Election Commission in Taipei, Taiwan November 21, 2023. Vice President Lai Ching-te of the ruling Democratic Progressive Party (DPP), who China views as a separatist, leads opinion polls to be Taiwan's next president. Talks between the two main opposition parties to team up and take him on have floundered and are in deadlock. Lai told reporters he and Hsiao were "confident and determined to lead Taiwan steadily in the chaotic situation". Taiwan's main opposition party the Kuomintang (KMT), which traditional favours close ties with Beijing, had agreed with the much smaller Taiwan People's Party (TPP) last week to offer a joint ticket to take on Lai.

Persons: Lai Ching, Hsiao Bi, Ann Wang, Lai, Taiwan's, Hsiao, Hou Yu, Ko, Hou, Huang Shan, Huang, Terry Gou, Tammy Lai, Gou, Huang Shih, Ben Blanchard, Raju Gopalakrishnan Organizations: Democratic Progressive Party, Central, Commission, REUTERS, Rights, Kuomintang, KMT, Taiwan People's Party, ih, Apple, Thomson Locations: Taipei, Taiwan, Rights TAIPEI, Beijing, China, Taiwan's, Lai

☆ I moved from New York to Taiwan for work. I had to take a pay cut to my $40,000 salary — but I have no regrets.
▼ + stars: | 2023-11-15 | by ( Kai Xiang Teo | ) www.businessinsider.com time to read: +5 min

Alex Teachey is a New Yorker who moved to Taiwan in 2020. AdvertisementThis as-told-to essay is based on a conversation with Alex Teachey, a 38-year-old astronomer and New Yorker who moved to Taiwan in 2020. I landed my current job as a postdoctoral fellow at the Academia Sinica in Taipei, Taiwan, that same year. It's in a neighborhood that I love, in New Taipei City, the enormous donut that sprawls around the center of Taipei. I live a 20-minute bike ride from my office — I never could have have afforded anything remotely similar if I'd stayed in New York City.

Persons: Alex Teachey, —, I'd, New York Alex Teachey, it'd, I've, — it's, we're Organizations: New Yorker, Service, Yorker, New York University, Columbia University, Academia Sinica, Tap, Google, Taiwan's Locations: New, Taiwan, New York, Taipei, Here's, Tap Taipei, York City, New York City, Yonghe, New Taipei City, Qingshui Cliff, Hualien

☆ Jeremy Lin: Basketball star revels in Taiwan homecoming with younger brother playing on same team
▼ + stars: | 2023-11-14 | by ( Andrew Mcnicol | ) edition.cnn.com time to read: +3 min

Hong Kong CNN —Former NBA sensation Jeremy Lin launched a “dream” 14th professional basketball season by playing alongside his younger brother last week in Taiwan, the island his parents left to emigrate to the United States. While playing for the Santa Cruz Warriors in the NBA G League amid the Covid-19 pandemic in 2021, Lin claimed he had been called “coronavirus” on court. By the end of the year, Lin had moved to the Chinese Basketball Association’s Beijing Ducks, and later the Guangzhou Loong Lions, in a chapter that was somewhat soured by the country’s strict pandemic regulations. Matt Beyer, co-founder and CEO of East Asia Super League and former agent for Chinese NBA trailblazer Yi Jianlian, said the impact of Lin’s presence in the region could not be underestimated. To have him now playing in the East Asia Super League is a huge draw for the fans.”

Persons: Hong Kong CNN —, Jeremy Lin, –, Joseph Lin, Lin, ”, Joseph, Matt Beyer, Yi Jianlian, ” Beyer, ‘ you’re Organizations: Hong Kong CNN, Hong Kong CNN — Former NBA, New, New Taipei City, South Korea’s SK Knights, Asian Super League, Fubon Braves, New York Knicks, NBA, Toronto Raptors, Santa Cruz Warriors, League, Asian, Basketball Association’s Beijing Ducks, Guangzhou Loong Lions, Taiwan’s Kaohsiung Steelers, East Asia Super League, Harvard, East Asia Super Locations: Hong Kong, Taiwan, United States, New Taipei, New Taipei Kings, Taiwan’s, California, Taipei, China

Terry Gou, the founder of Taiwan's Foxconn, makes a speech at Banqiao Cihui Temple in New Taipei City, Taiwan October 29, 2023. In a statement, Gou thanked his backers for their "enthusiastic support" and vowed to work hard to achieve "peace across the Taiwan Strait". While China's government has not confirmed the Foxconn investigation, Lai has assailed Beijing for targeting the firm. "Aren't we all waiting to see if Terry Gou will run until the end?" Foxconn says Gou no longer has anything to do with the company's day-to-day operations, though he remains its largest single shareholder.

Persons: Terry Gou, Taiwan's, Ann Wang, Gou, Lai Ching, Lai, detests Lai, Wellington Koo, Foxconn, Young Liu, Liu, Jeanny Kao, Yimou Lee, Ben Blanchard, Jacqueline Wong Organizations: REUTERS, Rights, Apple, Democratic Progressive Party, Taiwan's National Security Council, Thomson Locations: New Taipei City, Taiwan, Rights TAIPEI, Ukraine, China, Beijing

☆ Foxconn sticks to strong end-of-year sales outlook
▼ + stars: | 2023-11-05 | by ( ) www.reuters.com time to read: +2 min

A Foxconn shareholder poses for photos after the annual shareholder meeting in New Taipei City, Taiwan May 31, 2023. REUTERS/Ann Wang/File Photo Acquire Licensing RightsTAIPEI, Nov 5 (Reuters) - Taiwan's Foxconn (2317.TW), the world's largest contract electronics maker and a major Apple supplier, on Sunday stuck to its previous outlook of strong year-end holiday sales, and said customers were buying well in China and the United States. Foxconn said in a statement that with the second half of the year a "traditional peak season" for consumer tech products, operations "will ramp up sequentially", sticking to its outlook given last month. "Significant growth outlook in the fourth quarter compared to the third quarter remains unchanged," it added, without elaborating. Foxconn releases third-quarter earnings on Nov. 14, when it will give more details on its outlook.

Persons: Ann Wang, Foxconn, Ben Blanchard, David Goodman, Christopher Cushing Organizations: REUTERS, Rights, Apple, Hai Precision Industry Co, Revenue, Thomson Locations: New Taipei City, Taiwan, Rights TAIPEI, China, United States, Taipei

☆ Amid Foxconn probe, China tells Taiwan firms to play positive role in ties
▼ + stars: | 2023-10-25 | by ( ) www.reuters.com time to read: +3 min

A Foxconn shareholder poses for photos after the annual shareholder meeting in New Taipei City, Taiwan May 31, 2023. REUTERS/Ann Wang Acquire Licensing RightsBEIJING, Oct 25 (Reuters) - Taiwanese companies should assume their social responsibilities and play a "positive role" in promoting the peaceful development of relations across the Taiwan Strait, China's government said on Wednesday, amid a probe into major Apple supplier Foxconn. "While sharing development benefits and growth dividends on the mainland and achieving rapid development, Taiwan enterprises should also assume corresponding social responsibilities and play a positive role in promoting the peaceful development of cross-Straits relations." China believes Lai, who is leading opinion polls, is a separatist bent on a formal declaration of independence. "As pointed out by the media on the island, Lai Ching-te has now changing from a Taiwan independence maniac to a Taiwan independence liar," she said.

Persons: Ann Wang, Zhu Fenglian, Zhu, Lai Ching, Democratic Progressive Party's, Lai, Ben Blanchard, Jacqueline Wong, Lincoln Organizations: REUTERS, Rights, Apple, Global Times, Taiwan Affairs Office, Taiwan, Democratic Progressive, Beijing, Thomson Locations: New Taipei City, Taiwan, Rights BEIJING, Taiwan Strait, China, Beijing

☆ Foxconn founder Terry Gou says he has reached Taiwan election bid threshold
▼ + stars: | 2023-10-06 | by ( ) www.reuters.com time to read: +2 min

[1/4] Foxconn founder Terry Gou shakes hands with his supporters at one of his signature campaign offices in New Taipei City, Taiwan September 20, 2023. REUTERS/Ann Wang/ File Photo Acquire Licensing RightsTAIPEI, Oct 6 (Reuters) - Terry Gou, the billionaire founder of major Apple supplier Foxconn (2317.TW), said on Friday he had already collected enough electorate signatures to qualify to stand as an independent in January's presidential election. "Your signatures are a responsibility for me, and your signatures are a spur and encouragement to me. Gou, who stepped down as Foxconn chief in 2019, must gather close to 300,000 voter signatures by Nov. 2 to qualify as an independent candidate, according election regulations. The Central Election Commission will review the signatures and announce the results by Nov. 14.

Persons: Terry Gou, Ann Wang, Gou, Democratic Progressive Party's, William Lai, Lai, Ben Blanchard, Toby Chopra Organizations: REUTERS, Rights, Apple, Democratic Progressive Party, Democratic Progressive, Kuomintang, Taiwan People's Party, Thomson Locations: New Taipei City, Taiwan, Rights TAIPEI, Ukraine, China, Banqiao, Taipei, Beijing

☆ Foxconn's August sales drop 8% y/y, Q3 outlook better
▼ + stars: | 2023-09-05 | by ( ) www.reuters.com time to read: +2 min

A Foxconn shareholder poses for photos after the annual shareholder meeting in New Taipei City, Taiwan May 31, 2023. Foxconn (2317.TW), formally called Hon Hai Precision Industry Co Ltd, said revenue last month reached T$412.83 billion ($12.93 billion), down 12% from July. Other businesses, including computing products such as PCs and cloud and networking products, declined from a year ago, Foxconn said, without elaborating. Foxconn's Taipei-listed shares closed up 0.5% on Tuesday ahead of the release of its August sales, compared with flat in the broader market (.TWII). ($1 = 31.9170 Taiwan dollars)Reporting by Yimou Lee and Ben Blanchard; Editing by Robert BirselOur Standards: The Thomson Reuters Trust Principles.

Persons: Ann Wang, Foxconn, Yimou Lee, Ben Blanchard, Robert Birsel Organizations: REUTERS, Rights, Apple, Hai Precision Industry Co, Revenue, Thomson Locations: New Taipei City, Taiwan, Rights TAIPEI, China, Foxconn's Taipei

Opposition candidates, including Gou, blame the DPP for provoking Beijing and stoking tensions, labeling the vote as a choice between war and peace. Meanwhile, the DPP’s candidate, Vice President Lai Ching-te, has framed the election as a choice between democracy and authoritarianism. Lai Ching-te, Taiwan's Vice President and presidential hopeful, meets the foreign press in Taipei on August 25. In addition to securing 290,000 votes before November, Gou also needs to announce his running mate before September 17, as required by Taiwan’s Central Election Commission. “Gou is really having a race against time, and time is really not in his favor,” Sung said.

Persons: Terry Gou, Tsai Ing, Xi, China –, Lai Ching, “ Don’t, ”, Lai, Taijing Wu, Priding, Foxconn, Gou, China’s, ” Gou, roiling, Hou Yu, Ko Wen, Hou, who’s, “, Ko, Sung, ” Sung Organizations: CNN, Democratic Progressive Party, Harvard, ”, Communist Party, Chinese Communist Party, Kuomintang, KMT, ih, New, Taiwan People’s Party, Australia National University’s Taiwan Studies, Reuters, Taiwan’s Locations: Taiwan, China, Ukraine, Beijing, Moscow, United States, Lai, Taipei, Shenzhen, Taiwan Strait, Diaoyutai, Foxconn, New Taipei City

☆ Taiwan warns of 'sharp increase' in tensions as Chinese planes cross median line
▼ + stars: | 2023-08-29 | by ( ) www.reuters.com time to read: +2 min

Airplane is seen in front of Chinese and Taiwanese flags in this illustration, August 6, 2022. REUTERS/Dado Ruvic/Illustration/file photo Acquire Licensing RightsTAIPEI, Aug 29 (Reuters) - Taiwan's defence ministry warned on Tuesday of a possible "sharp increase" in military tensions after reporting renewed Chinese military activity including fighter jets crossing the sensitive median line of the Taiwan Strait. The ministry said that on Tuesday morning it spotted 12 Chinese military aircraft in its air defence identification zone, of which seven crossed the median line - six J-10 fighters and a single drone. The median line had for years served as an unofficial barrier between the two sides, until China's air force began regularly crossing it a year ago. Taipei city councillors for Taiwan's governing Democratic Progressive Party issued a joint statement saying Chiang should "speak for the Taiwanese people" and demand an end to China's military activities.

Persons: Dado Ruvic, Chiang Wan, Chiang, Ben Blanchard, Muralikumar Anantharaman, Simon Cameron, Moore Organizations: REUTERS, Rights, Communist, Kuomintang, Democratic Progressive Party, Thomson Locations: Rights TAIPEI, Taiwan Strait, Taiwan, China, Beijing, Taipei, Shanghai

☆ Taiwan warns of surge in tensions as Chinese planes cross median line
▼ + stars: | 2023-08-29 | by ( ) www.reuters.com time to read: +2 min

Airplane is seen in front of Chinese and Taiwanese flags in this illustration, August 6, 2022. REUTERS/Dado Ruvic/Illustration/file photo Acquire Licensing RightsTAIPEI, Aug 29 (Reuters) - Taiwan's defence ministry warned on Tuesday of a possible "sharp increase" in military tensions after reporting renewed Chinese military activity including fighter jets crossing the sensitive median line of the Taiwan Strait. The ministry said that on Tuesday morning, it spotted 12 Chinese military aircraft in its air defence identification zone, of which seven crossed the median line - six J-10 fighters and a single drone. The median line had for years served as an unofficial barrier between the two sides, until China's air force began regularly crossing it a year ago. Taipei city councillors for Taiwan's governing Democratic Progressive Party issued a joint statement saying Chiang should "speak for the Taiwanese people" and demand an end to China's military activities.

Persons: Dado Ruvic, Chiang Wan, Chiang, Ben Blanchard, Muralikumar Anantharaman, Simon Cameron, Moore, Bernadette Baum Organizations: REUTERS, Rights, Communist, Kuomintang, Democratic Progressive Party, Thomson Locations: Rights TAIPEI, Taiwan Strait, Taiwan, China, Beijing, Taipei, Shanghai

Beijing has staged multiple military drills around the island in recent years, drawing condemnation from the United States and its allies. Before he announced his bid to run on Monday, Gou earlier this year sought the candidacy for the opposition KMT, which advocates for friendlier relations with Beijing. The KMT has not disguised its anger at Gou's entry into the race for president, seeing his move as opening the way to a victory for the DPP's Lai by splitting the opposition vote. Most recent polls put the DPP's Lai on around 35-40% of the vote, around 10 percentage points clear of his closest rival. To qualify as an independent, he has to collect close to 300,000 voter signatures by Nov. 2, according to election regulations.

Persons: Foxconn, Terry Gou's, Gou, William Lai, Hou Yu, Hou, Eric Chu, Ko Wen, Ko's TPP, Lai, Ko, Chen Shui, Wang Ting, There's, Ben Blanchard, Yimou Lee, John Geddie, Michael Perry Organizations: Kuomintang, KMT, Democratic Progressive Party, Apple, DPP, New, ih, Taiwan People's Party, Reuters, Facebook, Thomson Locations: TAIPEI, China, Taipei, Beijing, United States, New Taipei City, Taiwan

☆ Foxconn founder Terry Gou announces run for Taiwan presidency
▼ + stars: | 2023-08-28 | by ( ) www.cnbc.com time to read: +1 min

Terry Gou Tai-ming, founder and chairman of Taiwan's Foxconn Technology, speaks during the Canton Tower Science & Technology Conference Guangzhou on December 8, 2016 in Guangzhou, Guangdong Province of China. Terry Gou, the billionaire founder of major Apple Inc supplier Foxconn , said on Monday he was entering the race to be Taiwan's next president as an independent candidate in 2024 elections. Gou has spent the past few weeks touring Taiwan and holding campaign-like rallies, fueling speculation he was planning to run as an independent. "Give me four years and I promise that I will bring 50 years of peace to the Taiwan Strait and build the deepest foundation for the mutual trust across the strait," he said in a plea to Taiwan voters. "Taiwan must not become Ukraine and I will not let Taiwan become the next Ukraine."

Persons: Terry Gou Tai, Terry Gou, Gou, Hou Yu Organizations: Technology, Science & Technology Conference, Apple Inc, Foxconn, Kuomintang, KMT, ih, New, Democratic Progressive Party Locations: Canton, Science & Technology Conference Guangzhou, Guangzhou, Guangdong Province of China, China, New Taipei City, Taiwan, Ukraine

☆ The billionaire founder of a key Apple supplier announced his Taiwan presidency run, saying Beijing can't threaten him because of his links with Apple, Tesla, Amazon, and Nvidia
▼ + stars: | 2023-08-28 | by ( Huileng Tan | ) www.businessinsider.com time to read: +4 min

Gou said investors would lose confidence in China if the country confiscated Foxconn's assets. AdvertisementAdvertisementTerry Gou, the billionaire founder of Foxconn — a key supplier to Apple — has thrown his hat into the ring for Taiwan's presidential election. Gou said Beijing — which claimed self-ruled Taiwan as its territory — wouldn't be able to use the businessman's vast empire to influence him. Gou said Foxconn's clients include the most important names on Wall Street, including Apple, Amazon, Tesla, and the current investor-favorite, Nvidia. So, supply chains would be massively disrupted if Beijing confiscated Foxconn's assets, he said.

Persons: Terry Gou, he's, Gou, Foxconn, Apple —, Foxconn —, William Lai Ching, Hou Yu, Ko Wen Organizations: Morning, Apple, Hai Technology, Chinese Communist Party, Nvidia, Communist Party, Bloomberg, Taiwan's, KMT, Democratic Progressive Party, ih, New, Kuomintang, Taiwan People's Locations: Beijing, China, Taiwan, Taipei, Foxconn, New Taipei City

☆ Taipei mayor to visit China as tensions simmer with Taiwan
▼ + stars: | 2023-08-18 | by ( ) www.reuters.com time to read: +2 min

Taipei Mayor Chiang Wan-an with his team after the annual Minan civilian defense drill, which this year focuses on the response from various agencies and volunteer groups if under attack by China in front of Taipei City hall in Taipei, Taiwan May 4, 2023. Taipei Mayor Chiang Wan-an, from the main opposition party the Kuomintang, which traditionally favours close relations with China, will go to Shanghai on Aug. 29-31 for the Taipei-Shanghai City Forum, which was first held in 2010. The Taipei city government said Chiang, a rising Kuomintang star, would lead the delegation to the forum, the theme of which this year is "new trends, new development". The Kuomintang has pushed to resume contacts with China since pandemic controls were lifted, saying that dialogue was needed now more than ever given the tensions over Taiwan. China, which claims the island as its territory, has been carrying out military activities near Taiwan, including regularly sending fighter jets into the air space around it.

Persons: Chiang Wan, Ann Wang, Tsai Ing, Taipei Mayor Chiang Wan, Chiang, Ma Ying, Ben Blanchard, Robert Birsel Organizations: REUTERS, Rights, Shanghai, Kuomintang, Forum, Thomson Locations: Taipei, China, Taipei City, Taiwan, Rights TAIPEI, Shanghai, Taipei Mayor, Taiwan's, Kuomintang

☆ Foxconn may partner with TSMC and TMH to set up fabrication units - ET
▼ + stars: | 2023-07-14 | by ( ) www.reuters.com time to read: 1 min

[1/2] A Foxconn shareholder poses for photos after the annual shareholder meeting in New Taipei City, Taiwan May 31, 2023. REUTERS/Ann Wang/File PhotoJuly 14 (Reuters) - Foxconn (2317.TW) is in talks with Taiwan Semiconductor Manufacturing Co (2330.TW) and Japan's TMH Group for technology and joint venture partnerships to start semiconductor fabrication units in India, the Economic Times reported on Friday. Reporting by Chandni Shah in Bengaluru; Editing by Krishna Chandra EluriOur Standards: The Thomson Reuters Trust Principles.

Persons: Ann Wang, Chandni Shah, Krishna Chandra Organizations: REUTERS, Taiwan Semiconductor Manufacturing, Economic Times, Thomson Locations: New Taipei City, Taiwan, India, Bengaluru

Search resuls for: "Taipei City"

25 mentions found