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Three HTC Corp design executives were arrested on suspicion of leaking trade secrets, sending the Taiwanese smartphone maker's shares tumbling on Monday as its troubles deepened amid a wave of senior staff departures and disappointing sales.
Apple Inc supplier Foxconn Technology Group will buy a stake in Taiwanese mobile telecoms operator Asia Pacific Telecom for T$11.6bil (RM1.23bil) in a deal that would expand its presence in Taiwan's fledgling 4G telecoms market.
Taiwan tech giant Hon Hai said Wednesday it has pulled out of a deal to buy 4G equipment from Huawei after the government warned that the Chinese company posed a national security threat.
A startup incubator on the outskirts of Shanghai is laying out sweeteners for budding entrepreneurs: Free office space, subsidised housing rent, tax breaks and in some cases, cash of up to 200,000 yuan (RM124,756).