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called Sertech in Xiamen to capture growing local business ICT needs. And in 2010, we took a major step forward by announcing that we will open wholly owned subsidiaries in mainland China and Vietnam. The focus of these businesses will be on ICT services, such as energy conservation and ITS, as well as mobile VAS. There is strong demand in both mainland China and Vietnam for ICT services, and with our technical expertise and experience in this area, we have a substantial opportunity to build growth momentum outside of Taiwan. 

Our subsidiaries in the United States, Hong Kong, Singapore and Japan have broadened our international fixed services to overseas markets, where we can provide competitive, high- quality services, including international private leasing circuits, IP-VPN, IP transit, voice and data wholesale services to multinational corporate customers. 

## • Commitment to Corporate Social Responsibility 

Our company was built on the principles of governance, integrity, responsibility and accountability, and these values will continue to drive us moving forward. We are very proud to have been recognized for our efforts and in 2010, we received several domestic and international awards that recognized our service quality, corporate governance and corporate social responsibility. We have been the recipient of the Reader’s Digest Trusted Brands Platinum Award for a Telecom Company in Taiwan for seven consecutive years, since 2004. Finance Asia awarded CHT the distinctions of “Best Managed Company,” “Best Corporate Governance, “Best Corporate Social Responsibility” and “Best Commitment to Strong Dividends” in Taiwan. We were also awarded the “Excellence in Corporate Social Responsibility Award” by the Common Wealth Magazine, “Excellent Service Award 2010” by Global Views, “Best Corporate Governance and Disclosure” in the Greater China by IR Magazine, and “Excellence for Financial Disclosure Procedures” in Asia Pacific by IR Global Rankings. 

We continued our commitment to environmental sustainability, with our overall green procurement totaling NT$ 410million in 2010, versus NT$ 206 million in 2009. As a telecom and ICT service provider, we joined GreenTouch Alliance originated by ALU and make an effort to reduce the energy consumed and carbon emitted by communication networks. We are making serious progress on our carbon emission reduction initiative, and are on track to achieve our goal of achieving an emission level that is equal to our 2007 level by 2012. 

We are investing in the development of our team, and are dedicated to expanding the expertise of our employees by encouraging members of our team to continue their professional education. 

We are collaborating with major universities to offer courses in advanced engineering and technology. Our employees each take at least 60 hours’ worth of coursework annually. In fact, in 2010 more than 2,200 certificates were received by Chunghwa Telecom employees for professional development programs. This initiative has boosted our morale and has also strengthened our technological capabilities in areas such as ICT. 

