Professional Documents
Culture Documents
VMAX Brings Internet Access to Taxis Company Aims to Install System on 10,000 Cabs by 2011
After a year of trial planning and promotion launched in October 2009,VMAX Telecom has installed its V-Cab taxi internet service in 1,000 taxis with a total monthly ridership of 610,000 passengers. VMAX President Teddy Huang said that his company is now offering the system in cooperation with M-Taxi Telecom and aims to expand it to 10,000 cabs in 2011. V-Cab is one of the M-Taiwan (Mobile Taiwan) application plans led by the Industrial Development Bureau of the Ministry of Economic Affairs. The service joins VMAX Telecom's WiMAX network and the ubiquitous mobility of taxis to provide riders with on-the-go information, entertainment and communication services through in-vehicle mobile internet devices (MIDs).
VMAX Telecom promotes its mobile WiMAX travel application service package. VMAX President Teddy Huang is pictured here.
P.2
TECO Viewpoint
Mos Burger Executive Vice President Shang-jen Huang Honored as Top-100 MVP Manager
Manager Today" magazine announced its "2010 Top-100 MVP Managers in Taiwan." Mos Burger Taiwan Executive Vice President Shang-jen Huang was picked as the most valuable manager in the "Environmental Protection and Green Energy" category in recognition of his "efforts to differentiate Mos Burger though green purchasing and for advancing the company brand to the number-two market position." Mos Burger is winning over consumers with its delicious menu offerings, which are made-to-order using organic ingredients. The company is the number-two fast food chain in Taiwan in terms of number of restaurants. It also is the third biggest fast food brand overall in Taiwan, and the only one to steadily expand its chain over the past five years. This achievement owes much to the company's green procurement strategy. Under Vice President Huang's lead, Mos Burger scoured production areas in Taiwan to implement its green procurement policy. The company keeps records of the production volume, planting methods, harvest dates and other detailed information for the ingredients it procures to ensure stable and consistently high-quality supply. Although this approach has increased the company's purchasing costs by about 10% over that of industry peers, it also has helped Mos to differentiate its brand and win over consumers to drive the company's growth.
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Universal Vision
Taian Technology (Wuxi) Holds Groundbreaking Ceremony for New Industrial Automation Control Plant Embracing the Market with a New Look
TECO Group member Taian Technology (Wuxi) held a groundbreaking ceremony for a new industrial automation control plant on October 13. TECO Group Chairman C.K. Liu and Taian Technology ( Wu x i ) D i r e c t o r S t e v e n Chiang attended the ceremony. Chairman C.K. Liu presents a speech Chairman Liu noted in a speech that Taian enjoyed sharp growth in 2010, adding that the new plant will provide a firm foundation for the company to develop further going forward. He
congratulated all of the participants for their efforts and wished the project a smooth and timely completion. In 2010, Taiwan and mainland China signed the cross-strait Economic Cooperation Framework Agreement (ECFA). The agreement is expected to further intensify links between the markets on the two sides. The groundbreaking ceremony is just the first step in the construction of the new industrial automation control plant. The facility will serve as the TECO Group's flagship base for industrial automation control products in the mainland. In future, the group will invest more R&D resources and create an R&D team of nearly 200 people to develop business in China's domestic market.
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TECO Highlights
(2010.10~2010.11)
company posted a net income of NT$1.95 billion, or NT$1.08 per share. This is the company's best performance in nearly three years, ranking it first among the "Big Four" home appliance brands in Taiwan. (Nov. 21, Economic Daily News) TECO and Far Glory Group Invest in Nanjing Real Estate Wi t h t h e c r o s s - s t r a i t E c o n o m i c Cooperation Framework Agreement (ECFA) officially coming into effect on January 1 next year, Farglory and the TECO Group expect accelerated growth of the crossstrait production relocation and electronics industries. The trend is anticipated to drive demand for high-tech manufacturing plants and linked living facilities in the mainland. The two companies therefore have decided to jointly form the Nanjing Strait Investment and Development Company to develop industrial zones in Nanjing. Outside observers expect the venture to realize synergies from Farglory's expertise in developing industrial zones, digital residential communities, and other largescale real-estate projects and the expertise of Century Development Corporation, a venture between the TECO Group and Ministry of Economic Affairs venture that developed the successful Nangang Software Park Phase 3 development area in Taipei. (Oct. 13, Commercial Times)
introduce a 22-inch 3DTV and 46-inch 3D signboard display in the second quarter of next year. TECO will mainly supply fully-assembled products, while CSI will supply 3D sensor components t o ex p a n d i n t h e 3 D i n d u s t r y m a r ke t . (Oct. 15, Economic Daily News)
leading discount chain Carrefour. The company also has teamed up with Far EasTone Telecom to hold a "Enterprise Switchboard Special Offer Seminar" to promote money-saving telecom service plans and mobile network applications for corporate users, seeing the segment as a new engine for revenue growth. (Oct. 15, Economic Daily News)
E&E Forms Cross-strait Electronics Recycling Venture E&E Recycling and China Recycling Development Corporation launched an NT$1 billion venture that will operate electronics recycling plants in Guangdong, Sichuan, and Heilongjiang to tap the mainland Chinese recycling market. E&E was jointly created by a consortium of 12 companies, including TECO, Sampo, Panasonic Taiwan, and Taiwan Hitachi. China Recycling Development Corporation is a subsidiary of the All China Federation of Supply and Marketing Cooperatives and the biggest recycler in China approved by the State Council. (Oct. 17, Economic Daily News) TECO and CSI Roll Out 3DTV and Signboard Displays T E C O a n d g r o u p a ffi l i a t e C r e a t ive Sensor Inc. (CSI) plan to jointly
CSI Increases CISM Shipments, Revenue Outlook Bright The strengthening Japanese yen is expected to drive steady growth in the color contact image sensor module (CISM) sector next year. Creative Sensor Inc. (CSI) expects shipments of CISM products to hit 40 million units next year, representing a global market share of 55%. The company has formed close times to the supply chains of U.S. and Japanese customers supported by its operation bases in mainland China. Next year, it will introduce regional sensor modules to tap supply chains for different types of consumer products as a new stream of revenue growth. (Nov. 15, Economic Daily News)
TECO Scales New Heights TECO expects to begin seeing revenue and profit gains from efforts to develop its wind turbine business in recent years. In the first three quarters of the year, the