And so it is with Foxconn, the Taiwan-based electronics giant, a major supplier of Apple's iPhones, now under the microscope of Chinese authorities.Caught in the CrossfireShares of Foxconn fell by up to 3% on October 23 following reports of tax audits and land use investigations in China.
Foxconn faces China tax probe amid Taiwan election: Sources
He has accused Taiwan's ruling Democratic Progressive Party (DPP) of taking the island to the brink of war with China by its hostile policies and that only he, with his extensive business and personal ...
Taiwan compatriots from all over the world call for peaceful development
Wu further established the Henan-Taiwan Cultural Exchange Center to promote cross-Straits communication. The center donates school supplies to children in Shangying and introduces mainland business ...
China raids iPhone maker Foxconn as founder runs to be Taiwan president
Chinese officials have raided the offices of key Apple supplier Foxconn as the company’s founder prepares to run for the presidency of Taiwan. Officials are investigating iPhone supplier Foxconn’s tax ...
CIER lowers Taiwan’s predicted GDP growth to 1.38% in 2023.
Taiwan's private consumption is poised to surge by 7.04 percent from the previous year, contributing 3.17 percentage points to the 2023 GDP growth. But the optimism in consumption is tempered by ...
Not all in China’s military view Taiwan, the West as primary threat
As China prepares for possible conflict with Taiwan, the US, some see such a confrontation as unnecessary, unwinnable.
Biden seeks $105 billion for Ukraine, Israel, Taiwan and border security
President Joe Biden is seeking a $105 billion security aid package for Ukraine, Israel, the U.S. southern border and more. The request comes with Congress' business at a standstill as House ...
‘Sell TSMC, Buy ASML’ Gains Traction as China-Taiwan Risks Grow
Intensifying Chinese pressure on Taiwan is prompting some equity investors to buck the trend and exit Taiwan Semiconductor Manufacturing Co.Most Read from BloombergRinggit Falls to 25-Year Low, the Worst Performer in Asia After Yen This YearHere’s What 8% Mortgage Rates Will Do to the Housing MarketWall Street Hit by Volatility on Geopolitical Risk: Markets WrapWhere ...
Taiwan Semiconductor Stock (NYSE:TSM): Get Ready for a “Healthy Growth Year”
Taiwan Semiconductor (NYSE:TSM) isn’t the first technology company that U.S.-based investors usually talk about, but I believe TSM is a stock pick that could be a huge winner in 2024. That’s because Taiwan Semiconductor’s CEO just prepared the market ...
Circular economy exposition opens at center in Taipei
The Ministry of Environment on Tuesday opened a six-day exposition featuring circular economy innovations, saying that Taiwan is recycling a majority of its industrial and household waste.
Taiwan Semiconductor Manufacturing Delivers Beat-And-Raise Q3 Report
Taiwan Semiconductor Manufacturing, the world's largest contract chipmaker, beat analyst estimates for the third quarter.
Taiwan Semiconductor CEO says AI demand not enough to offset cyclicality
Taiwan Semiconductor said its third-quarter net profit fell by 25% to NT$211 billion, as sales fell by 11% to NT$546.73 billion ($17.3 billion). According to FactSet, its earnings of $1.26 per ...
Taiwan businesses benefit from joint opportunities
Taiwan business people working on the Chinese mainland said they have experienced great opportunities by participating in the development of the Belt and Road Initiative.
Taiwan’s Foxconn to build ‘AI factories’ with Nvidia
Taiwan’s Foxconn says it plans to build artificial intelligence (AI) data factories with technology from American chip giant Nvidia, as the electronics maker ramps up efforts to become a major global ...
China’s Alleged Election Interference: Pressure Mounts on Taiwanese Business Figures
Chinese authorities pressuring Taiwanese businessmen in China to influence the upcoming Taiwanese presidential election raises concerns.
Ericsson says uncertainty in networks business to persist into 2024
A general view of an exterior of the Ericsson headquarters in Stockholm, Sweden, January 24, 2020. TT News Agency/Fredrik Sandberg via REUTERS /File photo ...