The luxury tax, which seeks to add tax revenue to the national coffers and drive down home prices, has failed to achieve those purposes as it has added only NT$3.26 billion (US$110 million) to the treasury as of the end of April, far below the NT$15 billion (US$505 million) the government had hoped it...
Japanese chipmaker Renesas Electronics Corp said on Thursday it will tie up with Taiwan Semiconductor Manufacturing Co in the microchip business as it struggles...