Telecoms news from Taiwan

Chunghwa Telecom Profits Hurt by Increased Smartphone Subsidies

Taiwan's Chunghwa Telecom has announced a modest 2.1 percent rise in its first-quarter revenues of NT$27.9 billion (US$945 million) as wireless growth of 9.1% offset declines in landline and internet services. ...more.

Taiwan's HTC Narrowly Avoids Posting Quarterly Financial Loss

Taiwan's HTC has reported that its first-quarter sales dropped to NT$42.8 billion (US$1.45 billion) -- which compares to NT$67.80 billion a year ago. ...more.

China Mobile Blocked from Taiwan Investment

China Mobile has cancelled plans to buy a minority stake in the Taiwan based mobile network, Far EasTone after the Taiwanese government refused to lift ownership restrictions. ...more.

HTC's Quarterly Revenues Down by a Third

Taiwan's HTC has confirmed that sales for the first three months of this year were down by more than a third at NT$42.8 billion. ...more.

Chunghwa Telecom's CEO Resigns With Immediate Effect

Chunghwa Telecom's CEO has resigned with immediate effect for unspecified personal reasons, the company has announced. ...more.

Foxxconn Posts Record Quarterly Profits

Taiwan's Hon Hai Precision Industry -- better known as Foxxconn -- has posted a record quarterly profit, largely boosted by its work assembling Apple products. ...more.

Taiwan Mobile Networks Seeking Clarity in 4G License Auction

Taiwan's mobile networks have called on the government to clarify the rules for the planned 4G license auction following confusion about how the auction would affect existing 2G licenses. ...more.

HTC Quarterly Profit Down by 90 Percent

Taiwan's HTC has confirmed earlier profit warnings and posted a 90% fall in its fourth-quarter profits, which fell to US$33 million from US$366 million a year earlier. ...more.

First Submarine Cable to Link Taiwan and Mainland China

The first undersea fiber-optic cable to create a direct link between the Chinese mainland and Taiwan has been completed, China Unicom has announced. ...more.

HTC Posts 91% Slump in Quarterly Profits

Taiwan's HTC has reported a 91 percent slump in its fourth-quarter profits of just T$1 billion (US$34 million). ...more.

Taiwan Outlines Initial Details of 4G License Auction

Taiwan's telecoms regulator, the NCC has set the spectrum allocations for its forthcoming 4G license auction. ...more.

Chunghwa Telecom Profits Fall on Lower Landline Revenues

Taiwan's Chunghwa Telecom has announced that its third-quarter revenues fell by 2.3% to NT$54.40 billion (US$1.86 billion), hurt by declines in landline and internet services. ...more.

Fitch Affirms Chunghwa Telecom; Withdraw Ratings

The ratings reflect Chunghwa Telecom's continued leadership in Taiwan's telecom market with solid cash flow generation and strong financial flexibility. ...more.

HTC Reducing Use of Samsung Sourced Display Screens

Struggling smartphone manufacturer, HTC has reduced its component purchases from Samsung Electronics in favour of comparable products from from OmniVision and Sony. ...more.

HTC Posts 79% Drop in Third-Quarter Profits

Taiwan's HTC has posted another quarterly drop in revenues as the company again missed analyst expectations. ...more.

Low-Cost Smartphones to Drive Taiwan Handset Shipments

Taiwan based handset manufacturers are expected to see a rise in shipments in 2013 thanks to increasing sales of low-cost smartphones. ...more.

Chunghwa Telecom Profits Down on Lower Mobile Tariffs

Taiwan based Chunghwa Telecom's has reported that its revenue for the second quarter of 2012 was flat at NT$54.19 billion (US$1.8 billion). Net income totaled NT$11.27 billion (US$376 million), representing a 15.2% decrease. ...more.

Foxconn International Posts Deeper Loss on Low Handset Orders from Nokia

Taiwanese handset assembly firm, Foxconn International Holdings (FIH) has dropped into a half-year financial loss of US$226 million, which it put down to poor volumes from key clients, including Nokia. ...more.

HTC Profits Slump as Sales Fall by a Quarter

Taiwan's HTC has announced that its second quarter revenues NT$91.04 billion (US$3 billion), down by 27% on the NT$124.4 billion posted a year ago, and slightly lower than analysts expectations. ...more.

Apple Sued Over Siri Voice Recognition Patents

Taiwan's National Cheng Kung University has filed a lawsuit in the USA against Apple claiming that the company has infringed two patents it holds. ...more.