Intel just spun off Mobileye in a new IPO. Mobileye is still growing, but supply chain constraints are preventing it from satisfying the market’s demand for its automotive chips. Its stock doesn’t ... ( read original story ...)
Apple supplier Foxconn quadruples bonuses to staff hit by China COVID lockdown
The logo of Foxconn is pictured on top of a company's building in Taipei, Taiwan. REUTERS/Carlos Garcia Rawlins ... ( read original story ...)
Yahoo Finance
Daily wages for employees, who are part of a Foxconn unit responsible for making electronics including smartphones at the site, have been raised to 100 yuan ($13.70) between Oct. 26 to Nov. 11, the ... ( read original story ...)
Global Semiconductors Market Revenue to Reach $1042.69 Billion by 2028 | Taiwan to Start Losing Its Market Share
Westford, USA, Oct. 31, 2022 (GLOBE NEWSWIRE) -- This year's report reaffirms that despite some volatility, the semiconductors market is still growing and will continue to do so for the foreseeable ... ( read original story ...)
Output of Apple iPhones at major China plant could fall 30% amid COVID curbs -source
Production of Apple Inc’s iPhones could slump by as much as 30% at one of the world’s biggest factories next month due to tightening COVID-19 curbs in China, a person with direct knowledge of the ... ( read original story ...)
Taiwan’s Economic Outlook Is Far From Chipper
Slowing semiconductor demand could dampen Taiwan’s GDP growth next year. Plus, investment newsletter commentary on Philadelphia’s economy, managed futures funds, growth stocks, and the delayed impact ... ( read original story ...)
Taiwan Q3 GDP Grows Faster Than Expected on Lifting of COVID Curbs
The statistics office said there was a "significant return" of consumer spending in the third quarter, as the government relaxed controls to stop the spread of COVID-19, though off a low base given ... ( read original story ...)
Taiwan Stock Market Due For Profit Taking On Friday
E Sun Financial fell 0.43 percent, Taiwan Semiconductor Manufacturing Company rallied 2.53 percent, United Microelectronics Corporation spiked 3.02 percent, Largan Precision added 0.55 percent, ... ( read original story ...)
Taiwan’s Economy Faces Mounting Risks From Demand Slowdown
Taiwan’s economic momentum is under pressure this year as high inflation, geopolitical tensions and fading global demand for its exports threaten growth. ( read original story ...)
Analysis: Xi’s new generals offer cohesion over possible Taiwan plans
Chinese President Xi Jinping's new generals may have been selected for their political loyalty to him, but those ties could serve at least one vital military purpose in any Taiwan invasion plan: ... ( read original story ...)
Taiwan Tensions Raise Alarms Over Risks to World’s Subsea Cables
(Bloomberg) -- Surging tensions with China have prompted Taiwan to boost its military defenses. Now it’s heeding the lessons of the war in Ukraine to address one of its bigger weakness: the fragile ... ( read original story ...)
Taiwan Q3 GDP seen growing 3.2%, struggling against trade headwinds
Taiwan's economy likely expanded slightly faster in the third quarter compared to the prior quarter but at an anaemic pace due to increased global economic headwinds denting demand for technology ... ( read original story ...)
FSC not planning to expand ban on short-selling
A short-selling ban on stocks that fell 3.5 percent or more in the previous trading session took effect on Monday — unlike previous bans in 1998, 2008 and 2015, which applied to all stocks. The ... ( read original story ...)
3 reasons why Intel’s Mobileye IPO flopped
The Israeli self-driving tech specialist has been a poor fit for Intel and the timing of its share sale has been even worse. ( read original story ...)
3 reasons behind Intel’s disastrous Mobileye IPO
The Israeli self-driving tech specialist has been a poor fit for Intel and the timing of its share sale has been even worse. ( read original story ...)
Intel’s Mobileye raises IPO price to $21, begins trading on Wednesday
Intel's (INTC) spin-off of its Mobileye autonomous vehicle unit is finally upon us. Shares of the Israel-based company, which will trade under the ticker MBLY, are set to trade on Wednesday, October ... ( read original story ...)