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Posted on 20/10/2023

Taiwan Semi Beat on Earnings. It’s Good News for Intel, Other Chip Stocks.

TSMC stock rose after it said that demand for the latest chip technology was helping to offset a glut of semiconductors caused by the fall in demand for consumer electronics.

Posted on 20/10/2023

Best’s Market Segment Report: AM Best Maintains Negative Outlook on Taiwan’s Non-Life Insurance Segment

AM Best is maintaining a negative outlook on Taiwan’s non-life insurance segment, citing increased reinsurance costs and a decline in the investment asset base, as some assets were liquidated to pay ...

Posted on 20/10/2023

Bipartisan Taiwan Tax Bill Text Issued by Congress’s Tax Writers

Senate and House tax-writers seeking to encourage cross-border business collaboration between Taiwan and the US released bipartisan bill textThursday outlining their plan to provide treaty-like ...

Posted on 20/10/2023

The company that makes your iPhone is expanding to EVs and it’s getting Nvidia to help make an ‘AI factory’

Foxconn's chairman Young Liu shares the stage of Nvidia's CEO Jensen Huang at Foxconn's annual tech day in Taipei. Courtesy of Foxconn Foxconn’s annual showcase on Wednesday featured a special guest: ...

Posted on 19/10/2023

Taiwan allocates funds for 3,221 commercial drones of military calibre

As the world stands on the precipice of an escalating arms race, Taiwan’s Ministry of National Defense (MND) unveils an ambitious plan to acquire 3,221 military-grade commercial drones from the ...

Posted on 19/10/2023

Taiwan Semiconductor (NYSE:TSM) Beats Q3 Estimates Despite Declining Performance

Chip manufacturer Taiwan Semiconductor (NYSE:TSM) reported better-than-expected sales and earnings for the third quarter of Fiscal 2023, despite ...

Posted on 19/10/2023

‘Love in Taipei’ Review: A Cute Rom-Com About Finding Oneself

Based on the 2020 young adult novel by Harvard’s own Abigail Hing Wen ’99, it is a colorful, feel-good romantic comedy that will make viewers smile.

Posted on 19/10/2023

Taiwan Semiconductor Manufacturing Delivers Beat-And-Raise Q3 Report

Taiwan Semiconductor Manufacturing, the world's largest contract chipmaker, beat analyst estimates for the third quarter.

Posted on 19/10/2023

Taiwan Semiconductor CEO says AI demand not enough to offset cyclicality

Taiwan Semiconductor said its third-quarter net profit fell by 25% to NT$211 billion, as sales fell by 11% to NT$546.73 billion ($17.3 billion). According to FactSet, its earnings of $1.26 per ...

Posted on 19/10/2023

Hai Long Project: Taiwan’s largest offshore wind financing, targeting commercial operation by 2025

The Hai Long Offshore Wind Project recently celebrated its financing completion ceremony, marking the successful acquisition of over NT$117 billion in green financing over a period exceeding two ...

Posted on 19/10/2023

Community Resistance Halts TSMC’s Expansion in Taiwan’s Longtan Science Park

In the heart of northern Taiwan, the quiet town of Longtan has become the epicenter of a contentious issue. Local resistance to land acquisition has forced the Taiwan Semiconductor Manufacturing ...

Posted on 19/10/2023

TSMC’s Third-Quarter Net Profit Fell on Weaker Demand for Smartphones, High-Speed Computing

By Kosaku Narioka Taiwan Semiconductor Manufacturing Co.'s third-quarter net profit dropped, as revenue fell for chips used in smartphones and ...

Posted on 19/10/2023

TSMC Q3 profit falls 24.9%, beats market forecasts

Taiwanese chipmaker TSMC posted a 24.9% fall in third-quarter net profit on Thursday as global economic woes hit demand for chips used in applications from cars to cellphones and servers and coming ...

Posted on 19/10/2023

Manila sees no future military engagements with Taipei

MANILA: The Philippines has no military engagements with Taiwan and it does not see future engagements with the democratically-governed island, Manila’s armed forces chief Romeo Brawner told foreign ...

Posted on 19/10/2023

Taiwan businesses benefit from joint opportunities

Taiwan business people working on the Chinese mainland said they have experienced great opportunities by participating in the development of the Belt and Road Initiative.

Posted on 19/10/2023

Philippines sees no current, future engagements with Taiwan – military chief

The Philippines has no military engagements with Taiwan and it does not see future engagements with the democratically-governed island, Manila's armed forces chief Romeo Brawner told foreign ...

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