Nio held its U.S. IPO back in September of 2018, selling IPO shares at $6.26 and raising $1 billion. Nio was hoping to follow in the footsteps of Tesla Inc (NASDAQ: TSLA) and become a huge stock ... ( read original story ...)
SenseTime to seek up to $1bn private funding, deferring Hong Kong IPO
While Beijing-based rival Megvii Technology, which was also among those sanctioned by the U.S., has recently gained approval for an IPO from the Hong Kong Stock Exchange, SenseTime took the ... ( read original story ...)
US IPO Week Ahead: 1 Chinese hologram company takes on a tough IPO market to close out March
One Chinese issuer is tackling a tough US IPO market in the week ahead. WiMi Hologram Cloud (WIMI) plans to raise $33 million at a $385 million market cap, underwritten by The Benchmark Company. ( read original story ...)
Virus Outbreak: EU finance ministers seal US$591bn rescue package
EU finance ministers on Thursday agreed on a 540 billion euros ... Final decision will be at the discretion of the Taipei Times. ( read original story ...)
Taiwan’s Foxconn says to make ventilators with Medtronic
Taiwanese electronics manufacturer Foxconn will make ventilators with U.S. firm Medtronic Plc to help patients afflicted by the coronavirus outbreak, the company said on Wednesday. Foxconn, formally ... ( read original story ...)
The China-Taiwan conflict is disrupting the WHO’s fight against Covid-19
That conflict has reached a new level of intensity as the WHO, which likes to think of itself as apolitical, attempts to lead the world through one of the worst health crises in its history. The root ... ( read original story ...)
Taiwan March exports slip on virus impact, govt warns of Q2 ‘pressure’
T aiwan March exports slip 0.6% y/y on coronavirus impact. Taiwan sees working-from-home trend helping exports. Export-reliant economy expects "pressure" on Q2 exports. Recasts. T ... ( read original story ...)
Can the N.B.A. Learn From Taiwan’s Basketball Bubble?
There are no fans in the training center where the games are hosted. “It feels like an adult league,” said one player. ( read original story ...)
Taiwan says Chinese carrier group drills close to island
A Chinese naval flotilla led by the country's first aircraft carrier passed by the eastern and southern coasts of Taiwan on Sunday to carry out drills, the island's defence ministry said, in the ... ( read original story ...)
Demand for handset solutions to be weak in 2Q20, say Taiwan IC suppliers
Chip demand from the handset sector is set to be weak in the second quarter of 2020, as sales of smartphones in the end market have not yet recovered, according to sources at Taiwan-based IC design ... ( read original story ...)
Virus Outbreak: Disease prevention center to be set up
Photo: George Tsorng, Taipei Times Starting next year, costs would be included in annual funds for general public affairs, Kolas said, adding that no special funds would be used for the project ... ( read original story ...)
Why China is Developing Military Vessels at the Center of its Coronavirus Outbreak
TAIPEI, TAIWAN - As China continues to recover from COVID-19 ... The facility of the China State Shipbuilding Corp. is “making up for time lost during the city's lockdown” and keeping an “undisclosed ... ( read original story ...)
Taiwan Semiconductor: Visibility May Be Limited In The Near-Term, But Long-Term Growth Outlook Is Favorable
TSMC delivered a strong Q4 2019 thanks to its success in ramping up production for its industry leading 7nm manufacturing process. The company may face revenue ... ( read original story ...)
Taiwan’s battle against coronavirus began in late 2019
TAIPEI -- While most Taiwanese were focused on ... were picking up on an unusual surge of pneumonia cases in the Chinese city of Wuhan -- the epicenter of the novel coronavirus. ( read original story ...)
Chunghwa Telecom to launch 5G service in Taiwan in Q3, secures regulator’s approval
Taiwan’s National Communications Commission (NCC) has approved Chunghwa Telecom’s information security plan to offer 5G services on the local market, Taipei Times reports. The operator plans to launch ... ( read original story ...)
US approves Google cable bid
The US Federal Communications Commission (FCC) on Wednesday approved Google’s request to use part of a US-Asia undersea telecommunications network that is to take data to and from Taiwan under the ... ( read original story ...)