taiwan

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Sharp Corp's list of liabilities that prompted Taiwan's Foxconn to suspend signing a takeover deal was an unverified study of worst-case scenario risks, rather than liabilities requiring disclosure, a source briefed on the matter said. The list, sent to Foxconn on Wednesday, included previously undisclosed potential liabilities worth around 300 billion yen ($2.6 billion), prompting Foxconn founder and billionaire Terry Gou to hold off signing the estimated $5.8 billion deal, separate sources have said. Reuters was unable to ascertain why the list was sent to Foxconn, formally known as Hon Hai Precision Industry Co .

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Far from science fiction, the ability to seemingly control things with your hands is no longer the fantasy that stories like Star Wars once imagined, thanks to a research team in Taiwan that has created technology akin to using The Force. The Taiwanese technology researchers at PVD+ have written an algorithm for the Apple Watch that renders it a remote controller that can pilot drones and manipulate lights using hand gestures. PVD+, founded in 2013 and led by Mark Ven, a civil engineering PHD student at the National Chung Hsing University along with a professor there, Yang Ming-der, and three other group members, calls the software Dong coding.

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World No. 1 chipmaker Intel Corp will be given the go-ahead from the EU for its $16.7 billion bid for Altera Corp , its largest ever deal, two people familiar with the matter said on Friday. The U.S. company is looking to Altera to reinforce its portfolio of higher-margin chips used in data centers and to focus on chips for cars, watches and other devices in a future “Internet of Things.” The U.S. Department of Justice cleared the deal unconditionally last month while other agencies such as the Chinese are also looking at the bid. The European Commission will clear the deal without requiring concessions from Intel as it does not see any competition issues, the sources said.

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By Teppei Kasai TOKYO (Reuters) – The Apple Watch launched globally on Friday with a small queue of Japanese tech-addicts lining up in Tokyo for Apple Inc's first wearable gadget, but there was no sign of the excitement usually attached to the company's product rollouts. Buyers can take the smartwatch home from a handful of upscale boutiques and department stores, including The Corner in Berlin, Maxfield in Los Angeles and Dover Street Market in Tokyo and London, which Apple courted to help position the watch as a fashion item. About 50 people lined up to buy the watch at electronic store Bic Camera in Tokyo's Ginza district, while at the nearby Apple Store it was like any other Friday, according to Reuters reporters at the shops. “I buy one or two Apple products every time they release something new,” Chiu Long, a 40-year-old IT worker from Taiwan, told Reuters while queuing up at Bic Camera.