**WARNING POLITICAL COMMENT FOLLOWS**
Let's hope China keeps their paws to themselves.
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Taiwan Groups Make Inroads into E-Commerce, ASP Markets
February 25, 2000 (TAIPEI) -- Four local conglomerates that recently joined Compaq
Computer Corp.'s Taiwan unit in an e-commerce venture are working on investments and
planning their individual portal sites.
These portal sites are expected to assist these four groups -- Walsin Lihwa Group, Far
Eastern Group, Yulon Group and Lite-On Group -- in vertical integration of their allies.
These four groups reportedly will establish an "application service provider" (ASP) this
year. Among them, Lite-On has showed the widest enthusiasm for that project, as it will
found a related holding company next month. As for Far Eastern, it stands to become a
fixed-network telecommunications provider for its joint venture with Compaq's local
division.
The parties are slated to announce in the near future their B-to-B e-commerce portal site
project. Dubbed "com2 Business," the portal site will provide e-commerce services for
local trading companies in the initial stage. U.S.-based Commerce One Inc., a leading
company in global e-commerce solution for business, and its leading shareholder will also
become shareholders of the venture.
The portal site is aimed at a transaction volume equivalent to the one tenth of Taiwan's
gross domestic product (GDP) and becoming one of Compaq's 12 related sites around the
world, including the United States and Japan, forming a "World Trade Organization" in
the e-commerce market.
The parties will sign an accord on the project in a ceremony held in London on Feb. 23.
The attendees of the ceremony woll include Mark Hoffman (Commerce One's CEO), S. X.
Lin (Lite-On's CEO), M. D. Yang (Far Eastern's vice president), Y. L. Cheng (Walsin's
general manager) and representatives of Yulon's subsidiaries.
(Commercial Times, Taiwan)
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