VENTURE CAPITAL POST

Apple COO Jeff Williams takes a rare trip to Taiwan to commemorate Foxconn's 50th anniversary, while CEO Tim Cook remained true to his words to steer clear away.

Taiwan Semiconductor Manufacturing Co. (TSMC) has announced its plan to establish a second manufacturing plant in Japan, with support from tech giant Sony and carmaker Toyota.

The unofficial delegation of former US top officials sent by President Joe Biden arrived in Taiwan on Sunday for a three-day trip to exchange views on bilateral issues and prospects.

President Joe Biden is set to dispatch an unofficial delegation of former top officials to Taiwan following its presidential election, a move that could further strain the US-China relations.

JPMorgan Chase is reportedly planning to outsource its local custody business operations in Hong Kong and Taiwan.

Google will provide seed funding in Asia's renewable energy that will start off in Taiwan. Through the Center for Resource Solutions, the funds will be used to set up renewable energy certification programs.

Sharp Corp board has gathered today to weigh the bidding offers. The competition is between the Taiwanese electronics giant, Foxconn and the Japanese government-backed establishment, Innovation Network Corporation of Japan. While ICNJ has always been the favoured choice, Foxconn is giving it a stiff competition by way of doubling the offered price along with debt pay-offs and retention of management and employees.

Foxconn has put forth a highly tempting offer of over $5 billion in front of the almost-bankrupt Sharp Corp, which well exceeds its current valuation at $1.8 billion. The other potential buyer, Innovation Network Corp. of Japan, who was already very confident, is not so sure of a win right now. Foxconn's bid amount not only surpasses Innovation's $2.5 billion, the Taiwanese firm has also offered to absorb all of Sharp's debts and not make any top management replacements. While the board does not want their Japanese seller to fall under any kind of foreign control, the decision needs to be based purely on deal economics and not political considerations.

Qualcomm Inc. altered its proxy process requiring shareholders to have their stake in the company for at least three years before nominating people for the board.

Facebook plans to build its first Asian data center in Changhua County, Taiwan. The company plans to invest $300 million for the data center that will sit on 20 hectares of land.

Though usually considered only when convenient for consumers in the US, the 7-Eleven franchise in Asia has become a different company, selling varieties of snacks and services to its varied customers across Asia.

While Korea is hurting from a long drop in exports, one industry is booming in shipments and posts double-digit growth. This draws the attention of policymakers seeking for a new way to grow its export.

Amazon Twitch.tv should get ready to face its upcoming tough competitor - China's Panda TV. Panda TV is an e-sports streaming service that will go in a direct competition with Amazon Twitch.tv as revealed this week.

Foxconn, the electronics company headquartered in Taiwan, has pulled out $1B investment to Indonesia, rumors have it. But according to a report, Foxconn claims they haven't cancelled it yet.

Apple's stock rose sharply Monday after chief executive Tim Cook sent a rare e-mail to a news commentator, saying sales in China had been strong.