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Tag: finance

Posted on 15/03/2024

UPS ADDS CAPACITY WITH ADDITIONAL FLIGHT AND OFFERS MIDNIGHT SHIPMENT PICKUP TIMES FOR TAIWAN EXPORTS TO EUROPE

UPS (NYSE: UPS) customers in Taiwan can now leverage the power of the global logistics service provider's network to more frequently export 30% more volume, and still get their shipments delivered ...

Posted on 15/03/2024

Down 92% since IPO, what’s going on with the THG share price?

Since the company made its stock market debut in September 2020, the THG share price has crashed by over 90%. Our writer considers what might happen now. The post Down 92% since IPO, what’s going on ...

Posted on 15/03/2024

Foxconn shares surge 9.5% after Q4 profit beats market estimates

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 ...

Posted on 15/03/2024

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.

Posted on 15/03/2024

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.

Posted on 15/03/2024

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 ...

Posted on 15/03/2024

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.

Posted on 15/03/2024

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 ...

Posted on 15/03/2024

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 ...

Posted on 15/03/2024

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 ...

Posted on 14/03/2024

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 ...

Posted on 14/03/2024

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.

Posted on 14/03/2024

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 ...

Posted on 14/03/2024

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 ...

Posted on 14/03/2024

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.

Posted on 14/03/2024

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 ...

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