Taiwan's Fair Trade Commission has approved Acer's acquisition of iGware, a U.S. cloud computing technology company, and said the acquisition only has slight influence on the Taiwanese cloud computing software service market.

Taiwan's Hon Hai Precision Industry has published its operating results for June 2011, stating that its operating revenue during the month reached NTD228.4 billion, which was about USD7.93 billion, a new height over the past six months.

Hon Hai Precision Industry plans to invest USD25 million to set up a new panel plant in Huangjiang Yuyuan Industry Park, Dongguan, Guangdong, to expand its panel business.

Foxconn Technology Group has announced that in 2010, the company's export value from its Shenzhen processing and trade enterprise reached USD48 billion, a year-on-year increase of 50%.

Taiwan-based Hon Hai Precision Industry Company is rumored to be planning to invest JPY100 billion, which is about USD1.2 billion, in Hitachi Displays Ltd., an LCD screen maker jointly owned by Japan's Hitachi Ltd. and Canon Inc.

Hon Hai Precision Industry has published seven investment plans for the Chinese mainland market, covering Kunshan, Qinhuangdao, Shenzhen, and Tianjin, and the total investment amount will reach USD260 million, according to reports in Taiwanese local media.

Rock Hsu, chairman of Taiwan's Kinpo Group, has announced that the group's Compal Electronics will set up a new notebook computer manufacturing base in Chongqing by 2011.

During Hon Hai's recent general meeting of shareholders, its chairman Terry Guo announced that the company has reached an agreement with the Ruentex Group, owner of the Taiwanese retailer Rt-Mart, to jointly expand the Chinese mainland 3C electronics market.

Taiwan-based original equipment manufacturer Foxconn has announced plans to raise salaries for all of its factory employees.

German retail giant Metro has announced that its electronics sales subsidiary Media Markt will establish a joint venture with Taiwan-based Hon Hai Precision Industry for electronics retail operations in mainland China.

Microsoft has signed a cooperation memorandum with Taiwan's Ministry of Economic Affairs to set up a cloud computing technology research center in Taiwan over the next 12 months.

Taiwan-based Hon Hai Precision Industry has announced plans to invest at least USD1 billion to build a new plant in Chengdu, capital of Sichuan province.

Chinese telecom equipment provider Datang Telecom Technology Company has launched three new communications products, including the world's first electronics reading device based solely on China Mobile's TD-SCDMA technology.

According to reports in Taiwanese local media, Hon Hai Precision Industry's board of directors has decided to enhance investment in e-books and 3C retail channel construction in mainland China.

Taiwan-based Hon Hai Precision Industry and the international technology company Hewlett-Packard have reached an agreement with the municipal government of Chongqing on the construction of a plant for the production of notebooks and relevant devices.