Foxconn looks for its next act but faces risks as it diversifies

TAIPEI/SHENZHEN, China (Reuters) - Foxconn, the Taiwanese contract manufacturer that rose to global prominence as the manufacturer of the Apple iPhone, is trying to reinvent itself as smartphone sales plateau and Apple Inc diversifies its supplier base ... ( read original story ...)

White House presses US airlines to resist Beijing over Taiwan

But Doug Parker, its chief executive, last week told the Financial Times that the Taiwan issue was “between countries”. “The United States has replied to the Chinese government and as a result we are following the direction of the US government ... ( read original story ...)

AMD Explodes as Processor Presentation in Taiwan Impresses

Shares of Advanced Micro Devices Inc. (AMD) were up 5% Wednesday, June 6, following the company's presentation at the Computex conference in Taiwan on Tuesday night ... segments of the S&P 500 do well, such as financials, health care and transports ... ( read original story ...)

Growing Demand for Data Storage Sends Taiwan Stock Up 204%

"The deal is an indication Taiwanese are getting more of the optical disc market, where demand could be boosted by the need to store data," said Richard Lin, a vice president at Taipei-based Reliance Securities Investment Consultant Co. "Investors are ... ( read original story ...)

Tailwind for Taiwan Green loans

Underlining Taiwan’s commitment to the development of renewable energy ... and around NT$400bn will be raised from financial institutions. There is a huge potential of jumbo deals coming out in the second half of this year,” a senior loan manager ... ( read original story ...)

Bargain Hunting Figures To Boost Taiwan Shares

Among the actives, Taiwan Semiconductor Manufacturing Company tumbled 1.78 percent, while Largan Precision skidded 1.29 percent, MediaTek retreated 1.59 percent, Innolux declined 1.73 percent, Hon Hai Precision dipped 0.23 percent, Cathay Financial lost 2 ... ( read original story ...)

Taiwan Cannot Compete with China on Aid to Keep Foreign Allies

“Presently, with our government financial problems and our foreign affairs budget being only so much, we must use the smallest budget to do the biggest deployment, so in this aspect we must positively use our creativity.” On Tuesday Taiwan agreed to ... ( read original story ...)