Taiwan's Foxconn, the world's largest contract electronics maker, downgraded its full-year outlook on Wednesday citing recent appreciation of the Taiwan dollar, even as it struck an upbeat note about ...
Electronics giant Foxconn’s first-quarter profit surges 91% on year
Taiwan's Foxconn, the world's largest contract electronics maker, on Wednesday said first-quarter profit leapt 91% on continued strong demand for artificial intelligence servers. Net profit for ...
Taiwan regulator probes firms for pressuring staff to sell ETFs
TAIPEI] Taiwan’s financial regulator is probing 20 financial institutions over how they pushed staff to sell exchange-traded fund (ETF) products, the latest sign of excessive competition in one of ...
Taiwan April exports jump 30% ahead of US tariffs
Taiwan’s exports grew much more than expected in April, as buyers rushed to purchase its high-tech products before possible new U.S. tariffs ...
Taiwan’s Chief Telecom grows net profit by 11% in first quarter
Taiwanese telco and data center operator Chief Telecom posted an 11 percent increase in total revenue for Q1. Total revenue increased 11 percent year-on-year (YoY) to NT$953 million (US$31.3m), while ...
VCI Global Reports Explosive Growth Across AI, Technology, and Fintech; Solidifies Position as Southeast Asia’s IPO Powerhouse
The carve-out IPO of V Capital Consulting Group Limited (“VCCG”), VCI Global’s consulting arm, is underway, positioning it as an independent pure-play capital markets advisory entity. Strategic office ...
TaiPei-based Hong Tong Technology Acquires Initio’s Entire Encryption Division.
Hong Tong Technology Co., a registered Taiwanese corporation, today announced the September 2024 acquisition of Initio's entire encryption storage product line, which includes Initio's USB Bridge (USB ...
ASUS Selects MaxLinear Single-Chip Multi-Port 2.5G Solutions for Latest 7- and 10-Port Networking Switches
(Nasdaq: MXL) a global leader in wired network solutions, today announced that ASUS, a leading developer of high-performance networking equipment, is powering its next-generation 7- and 10-port ...
TWSE Deepens Middle East Ties; Chairman Sherman Lin Leads Delegation to UAE, Signs MoU with Dubai Financial Market
Chairman and CEO Sherman Lin led a delegation to the United Arab Emirates from May 4 to 10 to expand engagement with Middle Eastern markets and showcase Taiwan's capital market strengths. The ...
Taiwan’s Exports Outperform Forecasts Despite Tariffs
Export growth accelerated sharply in April despite a slight decrease in exports to the US, as exports to Mainland China and ASEAN surged. Click to read.
Taiwan Insurers Hit by Losses in April on US Dollar Slump
Taiwan’s biggest insurers posted a total loss of NT$18.7 billion ($620 million) in April due to currency volatility after US President Donald Trump warned of a wave of global trade tariffs.
Taiwan Announces Financial Support For Demining In Ukraine
Taiwan announced that it has joined the international initiative on demining Ukrainian territories, which is coordinated by Lithuania and Iceland, and announced financial assistance in the amount of 2 ...
Planet Technology faces currency headwinds but posts strong revenue, boosts R&D to drive growth
Taipei-headquartered networking equipment manufacturer Planet Technology is experiencing financial challenges due to recent fluctuations in the New Taiwan Dollar (US Dollar equivalent missing). The ...
How US-China tariffs reached sky-high levels in 3 months
Talks planned this weekend between U.S. and Chinese officials in Switzerland are a culmination of more than three months of dizzying rounds of retaliatory tariffs between the two countries that have ...
U.S. dollar’s slide is the ‘bane’ of Asia’s central bankers
Taiwan recently intervened to curb “excessive” inflows after the New Taiwan Dollar jumped 9% against the U.S. dollar in just two trading days.
Taiwan’s April exports exceed NT$1.5 trillion
Exports of ICT products exceeded NT$611 billion in April, a 60.5% year-on-year increase. Exports of electronic components reached around NT$533 billion, up 26.8%. Tsai said this was the first time ...