Taipei, Jan. 6 (CNA) Taiwanese bicycle brand Giant Manufacturing Co. on Thursday dismissed a media report that the company has demanded its suppliers in Taiwan relocate outside of the country amid cross-Taiwan Strait tension.
Taipei, Dec. 31 (CNA) Taiwan's main stock market slumped in 2022, hurt by geopolitical tensions, aggressive interest rate hikes by the United States Federal Reserve and weaker demand in the electronics sector in the second half of the year.
Taipei, Dec. 14 (CNA) Taiwan-based bicycle brand Merida Industry Co. has said its cash flows remain normal amid reports rival Giant Manufacturing Co. sought to postpone payments to suppliers due to weakening global demand.
Taipei, Nov. 18 (CNA) Luxgen Motor Co., a subsidiary of Taiwan-based auto conglomerate Yulon Motor, has received about 25,000 orders in preorder sales for its n7 electric vehicle model, a Yulon executive said recently as he looked ahead to the car market's future.
Taipei, Nov. 15 (CNA) Taiwanese LED manufacturer Genesis Photonics Inc. (GPI) announced Tuesday that it will file for bankruptcy with the Tainan District Court and shutter the company Wednesday due to operating difficulties and poor financial conditions.