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Category: FINANCE

Posted on 14/03/2025

Taiwan financial agency tackles surge in fraud with digitalization

Financial institutions prevented 13,580 scam cases and blocked NT$10.1 billion in fraudulent transactions last year | ...

Posted on 14/03/2025

Foxconn to post higher Q4 profit on AI server demand

Taiwan's Foxconn, the world's largest contract electronics maker, is expected to report on Friday that fourth-quarter profit rose 2.35% on strong demand for artificial intelligence servers. Net profit ...

Posted on 14/03/2025

Central bank warns of currency risks, inflation

Separately, the central bank expects inflation this year to be stable at around 2 percent, though adding it could revise the forecast upward if prices of electricity and railway tickets rise. “We need ...

Posted on 13/03/2025

Acer Reports FY2024 Net Income of NT$5.54 Billion and NT$1.7 Cash Dividend Per Share

Acer Inc. (TWSE: 2353) announced its financial results for the fourth quarter of 2024 and fiscal 2024 ended December 31. In the fourth quarter, Acer reported consolidated revenues of NT$66.02 billion, ...

Posted on 13/03/2025

Taiwan Warns of Currency Risks From Stock Outflows, Trump Policy

Taiwan’s central bank spent a record amount of money defending its currency last year and may need to do more, given worsening stock market outflows and escalating trade tensions.Most Read from Bloomb ...

Posted on 13/03/2025

Taiwan Semiconductor joint venture is ‘best option’ for Intel, Wolfe Research says

The fact that Taiwan Semiconductor ( NYSE: TSM) is still reportedly sniffing around a joint venture to run Intel's ( NASDAQ: INTC) foundries — even after announcing a $100B U.S. investment this month ...

Posted on 13/03/2025

Intel foundry takeover joint venture pitched by TSMC to other chip designers, per Reuters

TSMC has pitched U.S. chip designers about taking stakes in a joint venture that would operate Intel's factories, according to sources.

Posted on 13/03/2025

Intel stock climbs following report that TSMC has pitched Nvidia, AMD on venture to run Intel’s foundry business

Shares of Intel rose on Wednesday following a Reuters report that TSMC has pitched Nvidia, AMD, and Broadcom on a plan to run Intel's chip manufacturing business.

Posted on 13/03/2025

Is Taiwan Semiconductor Manufacturing Company Limited (TSM) The Best Fast Growing AI Stock To Buy Right Now?

We recently compiled a list of the 8 Fastest Growing AI Stocks To Buy Right Now. In this article, we are going to take a look at where Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) ...

Posted on 12/03/2025

Webus International Limited CEO Nan Zheng Shares Post-IPO Progress and Strategies

Hangzhou, CHINA, March 12, 2025 (GLOBE NEWSWIRE) -- Webus International Limited (the “Company”) ( NASDAQ: WETO ), a leading provider of AI-driven mobility solutions specializing in premium, ...

Posted on 12/03/2025

OBI Pharma Receives ‘Most Promising ADC Clinical Candidate in Taiwan’ Award

Dr. Heidi Wang Accepts Award on Behalf of OBI Pharma at ADC Asia Congress 2025 and Gives a PresentationTAIPEI, Taiwan, March 12, 2025 (GLOBE NEWSWIRE) -- At the ADC Asia Congress 2025 held today (3/12 ...

Posted on 12/03/2025

Asian AI Innovator AICE Shines as First Runner-Up in MWC Global Competition

The globally renowned Mobile World Congress (MWC) in Barcelona concluded on March 6, 2025. AI technology startup AICE Inc. was invited by Alibaba Cloud to exhibit at the "4 Years From Now" (4YFN) ...

Posted on 12/03/2025

Billion Watts Leads Taiwan’s Energy Storage Milestone: 64MW E-dReg Officially Commissioned

Billion Watts Technologies Co., Ltd., a subsidiary of Billion Electric Co., Ltd. (TWSE: 3027), has successfully completed the construction and commissioning of a 64MW/262.43MWh energy storage facility ...

Posted on 12/03/2025

Uber terminates Foodpanda Taiwan acquisition, citing regulatory hurdles

Uber Technologies has ended its acquisition of Delivery Hero’s Foodpanda in Taiwan, the Germany-based tech firm said on Tuesday. The announcement comes ...

Posted on 12/03/2025

Exclusive-TSMC pitched Intel foundry JV to Nvidia, AMD and Broadcom, sources say

TSMC has pitched U.S. chip designers Nvidia, Advanced Micro Devices and Broadcom about taking stakes in a joint venture that would operate Intel's factories, according to four sources familiar with ...

Posted on 12/03/2025

China steel, beer anti-dumping probes launched

The government has started anti-dumping probes into beer and certain steel products from China, adding to a string of measures targeting Chinese exports by trade partners around the world. Officials ...

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