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Posted on 25/10/2023

Taiwan chipmaker UMC sees demand stabilising, with ‘rush’ PC, smartphone orders

Taiwanese chipmaker United Microelectronics Corp (UMC) said on Wednesday it sees gradually stabilising demand in the fourth quarter with recent "rush orders" for personal computers and smartphones, but added that customers remain cautious.

Posted on 25/10/2023

Taiwan companies should help promote peaceful cross-Strait relations, mainland says

Taiwan enterprises should fulfill their social responsibilities and play an active role in promoting the peaceful development of cross-Strait relations, the Chinese mainland's Taiwan affairs authority said on Wednesday as probes of Foxconn Technology Group, a major electronics manufacturing contractor, are being conducted.

Posted on 25/10/2023

Taiwan gov’t boosts offshore wind energy investment with national and PE funds

Developing offshore wind energy necessitates substantial financial investments. Currently, there are 260 offshore wind turbines spinning in the Taiwan Strait, boasting an installed capacity exceeding 2.

Posted on 25/10/2023

Foxconn founder Terry Gou lies low in Taiwan election as China tax probe reverberates

TAIPEI (Reuters) - After mastering making iPhones, Taiwan's Terry Gou, the billionaire founder of major Apple supplier Foxconn, wanted to turn his entrepreneurial skills elsewhere - to be the island's next president. But three months out from the election ...

Posted on 25/10/2023

Swastika Protests in Taipei: A Question of Speech and Freedom

In the bustling city of Taipei, a protest has been simmering for years outside the Taipei European School, a symbol of Taiwan's growing connection to the world. The demonstration, believed to be ...

Posted on 25/10/2023

Taiwan iPhone Supplier’s Shares Drop Again As Speculation Swirls About China Tax Probe

Shares in Taiwan’s Hon Hai Precision fell a second day, losing 2.2% to close at a near nine-month low, as speculation swirled following the reported start of a tax and land use investigation into the mainland China operation of one of Apple’s largest suppliers.

Posted on 25/10/2023

Taiwan hopeful of reaching tax deal with US next year

Taiwan hopes to reach a long-mooted tax agreement with the United States next year, Finance Minister Chuang Tsui-yun said on Wednesday, which both sides have said will foster more investment and Taipei has long pushed for.

Posted on 25/10/2023

Heckler Challenges Hillary Clinton: Bundling $100 Billion For Ukraine, Israel, And Taiwan Is Going To Rush Us Into World War Three

During an event Monday at Columbia University to celebrate the 75th Anniversary of the Universal Declaration of Human Rights, a heckler called on Hillary Clinton to denounce President Biden "openly war-mongering" and leading us into "World War Three" by bundling funds for Ukraine,

Posted on 25/10/2023

Nvidia says U.S. speeded up new export curbs on AI chips

Nvidia does not expect a near-term impact on its earnings from the move, it disclosed in a filing on Tuesday, but did not say why the U.S. government had accelerated the timing.

Posted on 25/10/2023

Amid Foxconn probe, China tells Taiwan firms to play positive role in ties

BEIJING (Reuters) -Taiwanese companies should assume their social responsibilities and play a "positive role" in promoting the peaceful development of relations across the Taiwan Strait, China's ...

Posted on 25/10/2023

Canada, Taiwan complete talks on bilateral investment deal

Canada and Taiwan have completed talks on a bilateral deal to boost foreign investment and will work to make sure it takes effect promptly, Canadian Trade Minister Mary Ng and Taiwan's government said on Tuesday.

Posted on 25/10/2023

Additional Support Predicted For Taiwan Shares

The Taiwan stock market on Tuesday ended the two-day slide in which it had fallen more than 200 points or 1.2 percent. The Taiwan

Posted on 25/10/2023

Chinese Tax Authorities Launch Investigations into Foxconn Amid Founder’s Bid for Taiwanese Presidency

Chinese tax authorities have launched investigations into Foxconn, the iPhone manufacturer, following founder Terry Gou's bid for Taiwan's presidential election. The investigations include tax audits ...

Posted on 25/10/2023

Intel’s Bold Move: Spinning Off Programmable Chip Unit To Compete With Taiwan’s TSMC

Intel has been lagging behind prominent chipmakers, including Taiwan Semiconductor Manufacturing Co. Ltd ... with the goal of conducting an initial public offering (IPO) within the next two to three ...

Posted on 25/10/2023

Foxconn: China’s probe of Taiwan iPhone maker exposes supply chain dilemma

For multinationals, the tax audits expose Foxconn’s difficulty in navigating the global business environment as tensions across the Taiwan Strait escalate. The company, which derived 70% of its revenue from China as of March, is moving production abroad ...

Posted on 25/10/2023

Chunghwa Telecom Partners with Taiwan Creative Content Agency for TV Drama Boost

In a strategic move to capitalize on the growing global demand for high-quality television dramas, Taiwan's largest telecom services provider, Chunghwa Telecom, has announced a partnership with the state-run Taiwan Creative Content Agency.

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