Kingshine to establish Taiwanese subsidiary - News Summed Up

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Kingshine to establish Taiwanese subsidiary

The company said that its board of directors on Friday last week approved plans to establish a local subsidiary in a bid to expand its presence in and sales contribution from Taiwan. The company gave an optimistic outlook on box office results over the Lunar New Year holiday, as Gatao 2 (角頭2) — a sequel to a 2015 Taiwanese gangster movie — premieres tomorrow. Seperately, Bossdom Digiinnovation Co Ltd (百聿數碼), which provides content production services for major platforms, including Google Play, iTunes and Netflix, reported that its sales last month surged 192.58 percent annually to NT$13.37 million. Aggregate sales last year rose 42.36 percent to NT$176.48 million, company data showed. The company said that it is also planning to tap into the Chinese market this year and is seeking partnerships with Chinese over-the-top platforms.

Source: Taipei Times February 12, 2018 15:56 UTC