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Tag: business

Posted on 08/07/2023

PREFERRED DESTINATION: Taiwan boosts MICE industry with ‘Open Arms’ campaign

The Philippines is not the only Asian country that’s revitalizing economic and tourism activities through MICE or Meetings, Incentive Travel, Conventions and Exhibitions. Taiwan is also reviving MICE ...

Posted on 08/07/2023

China fines Jack Ma’s Ant Group nearly $1 billion

China’s top financial regulators have fined Ant Group — the fintech firm founded by billionaire Jack Ma — about 7.1 billion yuan ($994 million) for breaking rules related to consumer protection and ...

Posted on 08/07/2023

Taiwan Trade Surplus Grows To $5.96 Bln

Taiwan's foreign trade surplus increased in June from a year ago as imports fell faster than exports, preliminary figures from the ...

Posted on 07/07/2023

Acer Announces June Consolidated Revenues at NT$26.32 Billion, Up 45.5% Month-on-Month

Acer Inc. (TWSE: 2353) announced its consolidated revenues for June at NT$26.32 billion, up 45.5 % month-on-month (MoM). Consolidated revenues for the second quarter reached NT$58.23 billion, up 11.0% ...

Posted on 07/07/2023

Taiwan needs Elon Musk’s Starlink or something like it in case China invades. Here’s why it’s looking elsewhere

Elon Musk and his Starlink network are one clear solution, but there are a few problems, not least of all Taiwan’s distrust of the billionaire, given his deep business ties with China and pro-Beijing ...

Posted on 07/07/2023

VW ready to deal with China metal curbs; chipmakers play down fallout

Volkswagen is monitoring metals markets after China imposed export restrictions on two minor metals used in semiconductors and electric vehicles, it said on Thursday, while some chipmakers played down ...

Posted on 07/07/2023

VW ready to deal with China metal curbs if needed, chipmakers play down fallout

Volkswagen said it is monitoring the situation on metals markets after China imposed export restrictions on two minor metals used in semiconductors and electric vehicles, while some chipmakers on ...

Posted on 07/07/2023

Musk Ultimatum to Taiwan Imperils Its Push to War-Proof Internet

All that stands between Taiwan and a near-total internet blackout are 14 undersea cables — a network that would make an easy target in the event of a war with China.Most Read from BloombergMeta’s ...

Posted on 07/07/2023

Taiwan Dominates Global Semiconductor Manufacturing: Will China’s Reliance on Taiwanese Chips Prevent a War?

U.S. reliance on Taiwanese chips gives it a major stake in preserving peace in the Taiwan Strait but does not make a war between China and Taiwan less likely.

Posted on 06/07/2023

Taiwan Semiconductor says no ‘direct impact’ from China raw material ban

Global semiconductor foundry Taiwan Semiconductor (TSM) said on Thursday that it did not expect any direct impact to its business after China's recent export curb. Read for more.

Posted on 06/07/2023

Taiwan chip giant sees no production hit from China curb on rare metals

Taiwan's chip giant TSMC said Thursday it did not expect any direct effect on production from China's latest export controls on two rare metals essential for making semiconductors. "After evaluation, ...

Posted on 06/07/2023

Taiwan’s New Office In Mumbai To Promote Ties, Help Businesses Expand Under ‘China-Plus-One’ Strategy

Mumbai is Taiwan's third office in India after Delhi and Chennai. These centers represent Taiwan's interests in the absence of an embassy. Taiwan has announced its plans to open a new office in Mumbai ...

Posted on 06/07/2023

‘Shared status’ fuels closer Taiwan and Somaliland partnership

“But we have good relations with TAITRA (a Taiwanese nonprofit trade promotion body), and also business groups like the Taiwan-Africa Business Association. In the coming 10 years, many good things ...

Posted on 06/07/2023

Mumbai is Taiwan’s next stop as its firms move far from China

This is being viewed as a strategic move by Taipei, as its ‘China-Plus-one’ strategy aims at encouraging businesses to expand their operations outside of China while maintaining their presence in that ...

Posted on 06/07/2023

Taiwan Semiconductor: Undervalued King Of Semiconductors

Summary TSMC, the market leader in the semiconductor foundry business, is undervalued due to geopolitical risks despite its dominance and growth potential.The company is projected to generate revenues ...

Posted on 05/07/2023

2023 AI TAIWAN Future Commerce Was Rounded Off

The 3-day 2023 AI TAIWAN Future Commerce ended successfully on 6/17 (Sat) in Taipei. With the main theme as "AI FOR ALL", the fair contained ten solution exhibition areas in total, and six new ...

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