Shares of Apple supplier Foxconn rose as much as 9.5% early on Friday to their highest in three years, a day after it reported a fourth-quarter profit that beat expectations and forecast a bullish ...
Globalfoundries reportedly to implement personnel restructuring in Singapore and Taiwan amid speculation of job relocation to India
US-based pure-play foundry GlobalFoundries is said to be in the midst of personnel restructuring, with speculation suggesting a relocation of certain job roles from Singapore and Taiwan to India.
Taiwan Semiconductor: A Long-Term Winner Amidst Short-Term Hype
Taiwan Semiconductor stock is soaring despite stagnant revenue and declining net income. Read an investment analysis of TSM stock here.
Foxconn shares rise more than 5% after Q4 profit beats market estimates
Shares of Apple supplier Foxconn rose more than 5% early on Friday after reporting a day earlier a fourth-quarter profit that beat expectations and forecasting a bullish outlook for this year due to ...
A Manufacturing Giant Can Do Without an iDistraction
Making Apple’s car would have taken the focus away from Foxconn’s strength in the high-margin business of EV supply chains and components.
Central bank to be cautious on inflation: governor
The central bank would cautiously deal with the inflation issue next week in a quarterly policymaking meeting, as expected electricity rate hikes are feeding inflation fears, bank Governor Yang ...
China condemns US move to arm Taiwan, vows to “safeguard sovereignty”
Strongly criticising the United States' budget proposal to allocate USD 100 million in defence aid to Taiwan for the financial year 2025, China has vowed to take resolute measures to firmly safeguard ...
Unitech Launches New Rugged Smartphone: Boosting Retail with Free OS Upgrades, Extended Battery Life, and Advanced 5G Connectivity
TAIPEI, March 14, 2024 /PRNewswire/ -- Unitech Electronics Co., Ltd. (TWSE: 3652), a pioneer in providing innovative automatic identification and data collection solutions to enhance business ...
Taiwan, China in joint search for two missing fishermen
Taiwan and China are carrying out a joint search-and-rescue mission for two missing crew members after a Chinese fishing boat capsized Thursday near an outlying Taiwanese island, killing two, Taipei's ...
Here’s How Taiwan Semiconductor Stock Is Addressing Geopolitical Risks
Taiwan Semiconductor Company is diversifying its manufacturing base to alleviate one of its significant risks to investors.
Taiwan is undermining its own ‘silicon shield’
For an economy that relies so much on microchips from the low end to the most advanced, its worsening relationship with Beijing is forcing others to diversify critical supply chains and production ...
Apple supplier Foxconn turns upbeat on 2024, cites huge demand for AI servers
Apple supplier Foxconn has adopted a far more bullish outlook for this year, saying on Thursday that it expected a significant rise in revenue driven by booming demand for artificial intelligence ...
Foxconn profit jumps as iPhone maker banks on AI server revenue for growth
Hon Hai Precision Industries, better known as Foxconn, said its fourth-quarter profit jumped 33% despite revenue going down.
Apple supplier Foxconn’s Q4 profit jumps 33% year-on-year, beats forecasts
Apple supplier Foxconn reported on Thursday a 33% rise in fourth-quarter profit, boosted by strong year-end sales during the peak holiday season. The Taiwanese company, the world's largest contract ...
Taiwan Central Bank Will Probably Not Cut Rates Before June, Governor Says
(Reuters) - Taiwan will probably not cut interest rates before June as it may be necessary to raise the 2024 inflation forecast in consideration of rising consumer prices, the central bank governor ...
Taiwan banks’ loans up by $10.78b in January: FSC
The bad loans ratio rose to 0.15%. Taiwanese domestic banks extended US$1.24t loans in January, according to data from the Financial Supervisory Commission. Outstanding loans extended by 38 domestic ...