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Month: July 2023

Posted on 20/07/2023

Taiwan Semiconductor stock dips as Q2 sales fall on macro woes, 2023 revenue to see 10% decline

Taiwan Semiconductor Manufacturing Company (NYSE:TSM) stock fell ~3% premarket on Thursday after Q2 revenue declined and the chip maker provided its outlook. Q2 revenue fell -13.7% Y/Y to $15.68B ( ...

Posted on 20/07/2023

Taiwan’s export orders slump for 10th straight month in June, Taipei pins hopes on AI demand

Taiwan’s export orders fell by 24.9 per cent from a year ago in June, but Taipei expects improvements in the second half of the year due to the growing demand for its artificial intelligence (AI) ...

Posted on 20/07/2023

HTC U23 Taiwan launch set for July 25, Here’s the complete spec sheet

HTC unveiled its U23 and U23 Pro smartphones in Taiwan, presenting detailed specifications and pricing information for the Pro model. However, at that time, the pricing and availability details for ...

Posted on 20/07/2023

Taiwan Semiconductor Manufacturing Co. 2Q Net TWD181.8B >2330.TW

By Kosaku Narioka Taiwan Semiconductor Manufacturing Co. said Thursday that its second-quarter net profit fell 23% from a year earlier on lower margins ...

Posted on 20/07/2023

Moving to Taiwan: Essential Tips for Expats

Before packing your bags, ensure you have the necessary visa and work permits to live and work in Taiwan legally. The visa is important so that you can enter Taiwan legally with the purpose of ...

Posted on 20/07/2023

TSMC flags 10% fall in 2023 sales, spending at low end of forecast

TAIPEI (Reuters) -Taiwanese chipmaker TSMC forecast a 10% drop in 2023 sales on Thursday after reporting a 23% fall in second-quarter earnings as global economic woes dented demand for chips used in ...

Posted on 20/07/2023

Taiwan Semi Profit Slumps on Slow Chip Demand

Taiwan Semiconductor said T hursday that its second-quarter ... and led to customers’ ongoing inventory adjustment,” said Chief Financial Officer Wendell Huang in a statement. TSMC dominates the ...

Posted on 20/07/2023

Line Bank Taiwan launches Fast Financial Platform

As of July, LINE Bank Taiwan has over 1.57 million users. LINE Bank Taiwan marked its 2nd anniversary with the launch of the “Fast Financial Platform”, which aims to create a one-stop shop of ...

Posted on 20/07/2023

TSMC cuts 2023 revenue forecast as chip slump persist

It also projected sales of US$16.7 billion to US$17.5 billion this quarter, weaker versus expectations. The company reaffirmed that 2023 capital expenditure should come in toward the lower end of a ...

Posted on 20/07/2023

Philippines closely monitors threat of invasion of Taiwan – defence chief

The threat of China invading Taiwan is something U.S. military ally the Philippines is monitoring on a daily basis as part of Manila's contingency plans for possible conflict in the region, its ...

Posted on 20/07/2023

Taiwan Detects 22 Chinese Military Aircraft Around the Island

TAIPEI (Reuters) - Taiwan detected 22 Chinese military aircraft around the island nation on Thursday, its defence ministry said.

Posted on 20/07/2023

China says its ‘priority’ is to stop Taiwan VP visiting US next month

It is China's "priority" to stop Taiwan's vice president and presidential frontrunner William Lai from visiting the United States next month, the country's ambassador in Washington said on Wednesday, ...

Posted on 20/07/2023

TSMC Q2 profit falls 23%, beats market expectations

Taiwanese chipmaker TSMC posted a 23.3% fall in second-quarter net profit on Thursday as global economic woes dented demand for chips used in applications as varied as cars, cellphones and servers and ...

Posted on 20/07/2023

AI Growth Lifts Quanta’s Barry Lam To No. 1 Among Taiwan’s Richest

Lam, who founded Quanta in 1988 when Taiwan was disparagingly known as a “clone kingdom” for IBM PC knockoffs, was worth $9.2 billion on the list yesterday, compared with $5.6 billion on the 2023 ...

Posted on 20/07/2023

Preliminary Trade Agreement Between U.S., Taiwan Garners Approval from Senate

The Senate has approved a preliminary trade agreement with Taiwan, clearing its path to President Biden's desk for final approval. This legislation was a result of negotiations between the Biden ...

Posted on 20/07/2023

AMD relies on its Taiwan supply chain, says CEO

AMD CEO Lisa Su stated during a press conference in Taipei on July 19 that the company is heavily reliant on its Taiwan supply chain. AMD will continue to rely on TSMC and other important Taiwanese ...

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