Investors have bid up computer chip stocks such as TSMC this year on the back of the artificial intelligence (AI) boom, which requires an immense amount of computing power to train and run. The ...
Typhoon Doksuri destroys power lines, closes factories as it rips into China
By Bernard Orr and Yimou Lee BEIJING/TAIPEI (Reuters) -Typhoon Doksuri swept into China's southeastern Fujian province on Friday unleashing heavy rain and violent gusts of wind that whipped power ...
Carmakers under pressure to transform business or face elimination, says Kia Taiwan executive
About 30% of existing carmakers will face elimination from the market in 2030 due to a failure to transform their business, shifting away from fuel vehicles and toward electric vehicles (EV).
Typhoon Doksuri smacks southern Taiwan as China braces for landfall
Typhoon Doksuri toppled trees and cut power to hundreds of thousands of homes in southern Taiwan, prompting authorities to shut business for a second day and warn of extreme winds as the storm makes ...
2023 CTBC FinTech Summit to Show Prosperous Perspectives for the Future of Fintech in Taiwan
The 2023 CTBC Fintech Summit, being the first of its kind, showcased the vibrant innovation scenes in the local fintech ecosystem. Co-organized by Business Weekly Taiwan and CTBC Financial Holding Co.
Upstart firm seeks to reduce any anxiety Tim Cook has about sourcing Apple’s chips from Taiwan
A Japanese company wants to produce cutting-edge chips for tech giants like Apple and take business away from TSMC by 2027.
Typhoon Doksuri: Taiwan shuts businesses, cancels flights
Taiwan is making emergency preparations as it braces for the typhoon that has left several dead in the Philippines. China has also announced a red alert in anticipation of the storm.
Taiwan Semiconductor Manufacturing Is Officially in a Downturn — Time to Sell the Stock?
Semiconductor stocks got clobbered in 2022 as a severe downturn in chip sales weighed heavily on investor sentiment. But the world's largest chip foundry, Taiwan Semiconductor Manufacturing ( TSM ...
Senators look to undo jurisdictional snag on Taiwan tax bill
Ways and Means’ top Democrat, Richard E. Neal of Massachusetts, said reducing double taxation of business earnings between the U.S. and Taiwan would help unlock the full competitive benefits of a 2022 ...
UK and Taiwan strengthen trade ties through 26th annual trade talks and enhanced trade partnership
UK and Taiwan strengthen trade ties through the 26th Trade Talks and Enhanced Trade Partnership. UK joins CPTPP for global integration.
Powerful typhoon Doksuri lashes Philippines, threatens Taiwan and China
At least one person died as powerful typhoon Doksuri lashed the coastline of the northern Philippines with gale-force winds and torrential rain on Wednesday, bursting banks of rivers and leaving ...
Desperately Faking Riches: Inside A Hong Kong Businessman’s Outlandish Efforts To Get On The Forbes Billionaire List
For years, Calvin Lo has pitched himself as a globetrotting billionaire-financier-cum-philanthropist with a world class collection of champagne, homes on three continents, a fleet of exotic supercars ...
Taiwan, Britain to start talks on new trade partnership
Taiwan and Britain said on Wednesday they would start work on an Enhanced Trade Partnership focused on areas including investment, digital trade and energy.Taiwan views Britain as an important ...
TSMC announces $2.9 billion investment in advanced chip plant in Taiwan
The Taiwan Semiconductor Manufacturing Company announced a $2.87 billion investment into a new chip packaging plat, citing growth in the fast-evolving artificial intelligence market.
Taiwan Semiconductor: Good News for Nvidia Shareholders; Bad News for Everyone Else
In its recent fiscal year, Nvidia made $15 billion in data center revenue. So if TSMC's projections are right and Nvidia's data-center segment grows at a 50% CAGR for five years, it would reach about ...
Taiwan’s Foxconn to Take 50% Stake in ZF Axle System Unit
BERLIN (Reuters) - Taiwan's Foxconn will acquire a 50% stake in ZF Group's axle system assembly unit, creating a joint venture aimed at growing automotive and supply chain opportunities, the companies ...