China's TV makers plan Taiwan shopping spree: report

May 23, 2010

A delegation of Chinese television makers is heading to Taiwan to buy five billion US dollars' worth of components, part of Beijing's efforts to boost the island's economy, a report said Sunday.

The delegation will include representatives from television manufacturers Haier, TCL Corp, Changhong Corp and Konka, the Economic Daily News reported, without identifying its source.

The buying mission will be one of several sent to by China to help boost the island's exports, and Taiwanese trade officials say at least one or two such missions visit the island every month.

Last year a similar delegation bought more than three billion US dollars' worth of flat screens and other components, at least 800 million more than the target set ahead of their arrival, the Economic Daily News reported.

regards Taiwan as part of its territory awaiting reunification, by force if necessary, although the island has been self-governed since the end of their civil war in 1949.

But ties have warmed since the China-friendly Ma Ying-jeou administration took office in 2008, with the two sides signing agreements that have led to regular direct flights, increased investment opportunities and a tourist boom.

Taiwan's export orders from the Chinese mainland and Hong Kong combined hit a record high of 9.82 billion US dollars in April, a significant rise of 40.7 percent year-on-year, the economic ministry said last week.

Explore further: Mexico City proposes regulations for Uber

Related Stories

Taiwan invited to light up Chinese cities

Jun 11, 2009

(AP) -- Chinese officials have invited Taiwanese companies to supply selected mainland cities with ultra-bright, energy-saving LED lights, the latest in a series of big business deals between the rivals.

Taiwan's TMC to team up with Elpida of Japan

Apr 01, 2009

Taiwan Memory Company (TMC), a new government-backed firm set up to consolidate the island's memory-chip industry, said Wednesday it will form a partnership with Japan's Elpida Memory Inc.

Recommended for you

Mexico City proposes regulations for Uber

Jul 04, 2015

Mexico City is proposing regulations that would allow Uber and other smartphone-based ride-sharing apps to operate, while requiring drivers and cars to be registered, the city's Office of Legal and Legislative Studies said ...

Shyp reclassifies contract couriers as employees

Jul 03, 2015

Shyp, the quickly growing startup that provides on-demand courier services, said Wednesday it would reclassify its contract workers as employees, becoming the latest high-profile tech company to change how it compensates ...

User comments : 0

Please sign in to add a comment. Registration is free, and takes less than a minute. Read more

Click here to reset your password.
Sign in to get notified via email when new comments are made.