Hints and tips:
...Chang started TSMC in 1987 after the Taiwanese government recruited him from the US to help create an electronics industry....
...But yes, we would definitely support that,” said Yao Hua Ooi, co-head of macro strategies group at AQR....
...Wang Mei-hua, economy minister, told reporters that “our companies comply with US, domestic, and multilateral rules when they meet global demand for chips”....
...Samsung Electronics said a global semiconductor shortage that has hit global carmakers could also disrupt orders for the memory chips used in smartphones, as manufacturers rushed to respond to the crisis...
...Samsung Electronics has already been under pressure in China as its semiconductor business was hit last year by weak PC demand....
...Japan Tobacco is the largest vendor of cigarettes in the country with market share of more than a third, and relies on Russia and most of the ex-Soviet states for nearly half of its global sales....
...The Shanghai Composite index climbed 2.1 per cent to 3,030.02 over the week, led by its financial components, including a 5.4 per cent gain by Hua Xia Bank to Rmb13.64....
...Electronics group Canon rose 3.1 per cent to Y3,995 and carmaker Toyota 2.3 per cent to Y3,055. Malaysian and Indonesian shares both rose for a fifth session to all-time highs, led by gains in banks....
...Companies’ biggest fear, however, is that the turmoil in the eurozone will undermine Europe’s slow recovery from the global financial crisis, which would have a much bigger effect on import demand....
...The global crisis has slowed growth sharply this year in China’s fast-expanding car market....
...Hua Nang Financial rose 4.6 per cent to T$32.05. Taipei’s weighted index rose 1.5 per cent to 9,079.60....
...Sony, whose results are heavily influenced by the exchange rate as well as by US consumer demand, slipped 3.1 per cent to Y5,920, while rival electronics exporter Canon lost 2.3 per cent at Y6,370....
..."We view these relationships as similar to airline alliances by pooling traffic and co-operating on back-office activities to achieve economies of scale," he says....
..."The real question is how quickly what remains of global production will move to China, India and Brazil."...
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