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Posted on 16/08/2024

Taiwan Cuts 2024 GDP Growth Forecast to 3.90%

TAIPEI (Reuters) - Taiwan's economy is expected to expand by 3.90% in 2024, the Directorate General of Budget, Accounting and Statistics said on Friday, slightly downgrading its outlook from a ...

Posted on 16/08/2024

Why Taiwan Semiconductor Manufacturing, Intel, and ASML Holdings Rallied Today

Shares of semiconductor leaders Taiwan Semiconductor Manufacturing (NYSE ... Given that the semiconductor sector is a cyclical business -- although one with long-term growth -- these stocks are highly ...

Posted on 15/08/2024

Chilli powder imported from China seized at Taiwan border for pesticide residues

Two shipments of chilli powder, amounting to 1,000 kilogrammes, imported by a Taiwan-based restaurant group from China were intercepted at Taiwan border due t ...

Posted on 15/08/2024

Through The Looking Glass: AI Lessons From The Web3 Boom,Bust And Boom

With over $184 billion of opportunity in the US alone, AI is growing. But what lessons can AI leaders like Nvidia, IBM, Google, AWS, and others learn from blockchain.

Posted on 15/08/2024

Apple Supplier Foxconn’s Profit Beats Forecasts as It Rides AI Boom

TAIPEI (Reuters) -Apple supplier Foxconn on Wednesday surpassed expectations with a 6% rise in quarterly net profit, driven by a boom in demand for AI servers, and stood by its forecast for full-year ...

Posted on 15/08/2024

Coming to ‘iPhone City’: An Electric Car Factory From Foxconn

The Taiwanese company has built a manufacturing hub in Zhengzhou, China, for its star customer Apple, but it is starting almost from scratch in the auto business. By Meaghan Tobin and John Liu Meaghan ...

Posted on 15/08/2024

Taiwan’s ‘Tainan 400’ Promo Video Takes Center Stage at Landmarks Across the Globe

The Tainan 400 promo video playing on a large billboard at New York's Times Square at the midnight of August 12th. (Photo: Business Wire) ...

Posted on 15/08/2024

Company tour enriches business studies for visiting students from Taiwan

Story tells about a partnership between Rutgers Business School and Tunghai University that brought a group of undergraduate students to Rutgers. During their stay, they visited Hermann Services, ...

Posted on 15/08/2024

Shinkong Synthetic Fibers invests $10M in Ambercycle facility

Shinkong Synthetic Fibers Corporation, a Taipei, Taiwan-based manufacturer of polyester ... which we see as critical to our business. This collaboration will further amplify our capacity to deliver ...

Posted on 15/08/2024

Apple supplier Foxconn’s quarterly profit jumps 6% on AI boom

Apple supplier Foxconn on Wednesday surpassed expectations with a 6% rise in quarterly net profit driven by a boom in demand for AI servers, and stood by its forecast for full-year revenue to grow ...

Posted on 15/08/2024

Down 13% from Highs, Should You Buy the Dip in Taiwan Semiconductor Stock?

Taiwan Semiconductor Manufacturing Company (TSM ... as it seems the upstart foundry business isn't quite a threat to the industry giant just yet. Analysts are very positive on TSM, as indicated by a ...

Posted on 14/08/2024

Taiwan’s artificial-intelligence fundraising survives market maelstrom

A NEW convertible bond offering by a major supplier to Apple will add to the US dollar funds raised by Taiwan’s tech firms this year, thanks to the hybrid securities’ popularity and demand for ...

Posted on 14/08/2024

Apple supplier Foxconn’s Q2 profit rises 6% thanks to AI boom

TAIPEI: Apple supplier Foxconn reported on Wednesday (Aug 14) a 6 per cent rise in second-quarter net profit, driven by strong AI server demand as the company touted "strong growth momentum" from the ...

Posted on 14/08/2024

iKala’s Traditional Chinese Validation Set “TMMLU+” Gains Top AI Conference Endorsement, Showcasing iKala’s Expertise

As AI technology continues its rapid advancement, the demand for traditional Chinese models in the Taiwanese market is increasing. In response to this need, iKala, a leading AI transformation ...

Posted on 13/08/2024

The Foundation for Yunus Social Business Taiwan Wishes Professor Yunus Success in Leading Bangladesh’s Democracy

(中央社訊息服務20240813 15:58:25)The Foundation for Yunus Social Business Taiwan (“The Foundation”) was established under the authorization of Professor Muhammad Yunus, the 2006 Nobel Peace Prize laureate, ...

Posted on 13/08/2024

Taiwan’s leading retail brand protects hundreds of users across 70 nationwide stores with CyberArk

Heng Leong Hang makes identity protection center stage in its cybersecurity strategy. Retail businesses are some of the most targeted by cyber-attacks. Heng Leong Hang, one of the oldest and ...

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