Word: marketic
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...Getting to the top is tough - and holding market share can be even tougher. After setting the pace in netbooks, Asustek has since been losing sales as much larger rivals, including Acer, have muscled in. The company posted its first quarterly loss in the last three months of 2008 after misjudging demand during the recession. "That was a lesson learned," says Asus chairman Jonney Shih, who is adjusting by shrinking the company's product line. Says HTC's Chou: "You're competing with giants like Apple and Nokia. You must really have something special...
...direct air, sea and mail connections - while Ma's administration in June permitted Chinese firms to invest in a wide range of Taiwan industries for the first time. Now Ma wants to forge a "comprehensive economic framework" with Beijing that would give Taiwan companies easier access to the China market. San, the deputy minister, believes Taiwan's shared culture and language give its businessmen an advantage in China that could make a partnership between the two especially powerful. Taiwan "has a unique relationship with China that is totally different from other countries in Asia," San says. "Our policy...
...important piece of that pie is the increasingly large Chinese domestic market. Traditionally, Taiwan firms have exported electronic components to China, which were assembled in mainland factories and re-exported to customers in the West. But now Taiwan companies are looking to redirect their products toward China's wealthier consumers, thereby decreasing Taiwan's dependence on the U.S. Flat-screen-display maker AmTRAN Technology, based near Taipei, operates factories in China that export primarily to North America, but the company is tying up this year with a Chinese electronics brand to sell TVs inside China as well. "This year...
...northeast, however, something is growing that could change that. Some 100 miles upstream is the proposed site of what would be one of the largest mines in the world. The Pebble Mine, if it goes forward, could produce copper and gold worth more than $300 billion at current market prices. But opponents say its development poses a toxic threat to Bristol Bay's rich fishing grounds - and to a way of life that dates back centuries. "There's a whole lot of land and water in harm's way," says Chesley, a salmon fisherman when he's not flying charters...
...called a Financial Product Safety Commission. But the idea isn't exclusive to her. Canada, which did not suffer the subprime woes of its southern neighbor, created a consumer financial agency in 2001. Australia and the Netherlands have taken the more ambitious step of consolidating all consumer and market oversight under one financial regulator while leaving soundness to another. Last year when he was still Treasury Secretary, Hank Paulson endorsed this approach in his blueprint for regulatory reform. (Watch TIME's video of Peter Schiff trash-talking the markets...