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Tag: finance

Posted on 10/10/2024

Taiwan’s APCB to shift printed circuit board assembly to mainland unit, cut jobs on island

Taiwan-based printed circuit board (PCB) maker APCB expects to discontinue production in the island by the end of the year and lay off hundreds of employees, as the company shifts manufacturing to a ...

Posted on 09/10/2024

Taiwan Exports Hit Record High for September, Posting US$40.5B – TaiwanPlus News

Taiwan's exports have risen 4.5% from the same period last year to hit US$40.57 billion, a record high for the month of September. The finance ministry has attributed the 11th consecutive month of ...

Posted on 09/10/2024

Taiwan Inflation Drops Below Central Bank’s Threshold

Taiwan's inflation continued to cool in September, a welcome sign for the central bank as it monitors price pressures in the island economy. The consumer price index rose 1.82% last month from a year ...

Posted on 09/10/2024

Shin Kong shareholders approve merger plan with Taishin to become Taiwan’s largest financial firm

Shin Kong shareholders voted on Wednesday to approve a merger with Taishin Financial by a wide margin, with over 70% estimated to have voted in favor of the deal. If approved by Taiwan's financial ...

Posted on 09/10/2024

Nvidia’s Competitor Cerebras Systems Delays Its Planned IPO

Cerebras competes with industry leader Nvidia in the lucrative artificial intelligence chip market. The Sunnyvale, California-based company—which will trade under the ticker symbol “CBRS”—seeks to ...

Posted on 09/10/2024

Consolidation of the Taiwanese financial industry is a good sign, says Cathay Financial Holdings President

Chang-Ken Lee, president of Taiwan's biggest financial conglomerate, Cathay Financial Holdings, says he welcomes rate cuts from the Fed & global central banks. He also weighs in on the Taiwan's ...

Posted on 09/10/2024

The World’s Largest Annual Financial Event – The 2024 WIW World Investor Week Forum Was Successfully held in Taipei, Taiwan

TAIPEI, TAIWAN- Media OutReach Newswire - 9 October 2024 - The globally renowned financial event, World Investor Week (WIW), organized annually each October by the ...

Posted on 09/10/2024

Nvidia may benefit from data showing stronger-than-expected demand Taiwan exports

Nvidia (NASDAQ: NVDA) shares could see a boost as Taiwan's export data suggests stronger-than-expected demand for the chipmaker's data center products, despite a ...

Posted on 08/10/2024

Taiwan reports record NT$1.3 billion September export value

TAIPEI (Taiwan News) — The Ministry of Finance (MOF) said Tuesday (Oct. 8) that Taiwan’s export value in September was NT$1.3 billion (US$40.57 million), setting a historic record.

Posted on 08/10/2024

AI and Emerging Technologies Drive Demand for Magnetic Components

With the rapid advancement of artificial intelligence (AI) technology, the demand for high-performance computing continues to grow, particularly in applications requiring powerful graphics processing ...

Posted on 08/10/2024

Billionaires Are Selling Nvidia Stock and Buying 2 Artificial Intelligence (AI) Stocks That Come Highly Rated by Wall Street

Philippe Laffont of Coatue Management sold 96,963 shares of Nvidia, reducing his stake by 1%. He also purchased 702,235 Amazon shares and 1.1 million Taiwan Semiconductor shares, which now rank as his ...

Posted on 08/10/2024

Foxconn building Nvidia superchip facility in Mexico, execs say

Foxconn is building the world's largest manufacturing facility for Nvidia's GB200 chips, a senior executive at the Taiwanese company said on Tuesday. "We're building the largest GB200 production ...

Posted on 08/10/2024

AECOM announces the Sustainable Legacies Scholarship to support youth talent development in Taiwan

AECOM, the world's trusted infrastructure consulting firm, announced the launch of the AECOM Sustainable Legacies Scholarship, the newest program for its youth talent development initiatives in Taiwan ...

Posted on 08/10/2024

Acer 2023 Sustainability Report: Highlights Collaboration with Partners to Jointly Respond to SDGs

Acer Inc. (TWSE: 2353) has released its 2023 Sustainability Report highlighting its progress in environmental, social, and governance (ESG), and "Conscious Technology" to help tackle climate change.

Posted on 08/10/2024

Rise of cloud and edge AI applications paves way for new semiconductor opportunities; wafer foundries become crucial, says DIGITIMES Research

With the rapid development of the global generative AI market, the semiconductor industry is undergoing unprecedented transformation. DIGITIMES Research released the latest AI Chips Special Report, ...

Posted on 08/10/2024

【C.S】Cordyceps Sunshine Group Enters Strategic Partnership with Yue Hwa Chinese Products Emporium

Cordyceps Sunshine【C.S】Group, Taiwan's largest chain specializing in the medicinal mushroom, Antrodia cinnamomea, has officially signed a strategic partnership agreement with Hong Kong's renowned ...

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