CAUTIOUS: Stock market fluctuations and global uncertainties would still weigh on the property market in the short term, a Sinyi Realty manager said
Housing transactions in the six special municipalities in the first quarter of this year fell 23.6 percent year-on-year to 48,035 units, the lowest level for the same period in eight years, data released by local government agencies on Tuesday showed.Market watchers said the central bank’s selective
Msscorps Co (汎銓科技) yesterday said it expects silicon photonics-related and artificial intelligence (AI) analysis services to fuel revenue growth, as it benefits from the AI boom.The company provides advanced semiconductor materials analysis and failure analysis to semiconductor firms, including Taiw
Hon Hai Precision Industry Co (鴻海精密) has increased its investment in India and Vietnam, which sources said were likely made to expand capacity for Apple Inc products and artificial intelligence (AI) servers.Since Oct. 25 last year, the company has bought US$32.26 million in equipment from Apple Oper
Chinese electric vehicle (EV) maker Xiaomi Corp (小米) said it would cooperate with a police investigation into a fatal crash involving one of its cars, which had been in autonomous mode just before the accident.Three college students died on Saturday night after their Xiaomi SU7 hit a concrete barrie
Tesla Inc’s sales declined 13 percent year-on-year in the first three months of the year, another sign that Elon Musk’s once high-flying electric car company is struggling to attract buyers.The double-digit drop is likely due to a combination of factors, including its aging lineup, competition from
Tigerair Taiwan chief commercial officer Bernard Hsu, fourth right, and guests participate in a ceremony at Japan’s Oita airport to commemorate the carrier’s first flight between Taiwan Taoyuan International Airport and the Japanese city. The new twice-weekly flights make Oita the carrier’s 21st des
MULTIFACETED: A task force has analyzed possible scenarios and created responses to assist domestic industries in dealing with US tariffs, the economics minister said
The Executive Yuan is tomorrow to announce countermeasures to US President Donald Trump’s planned reciprocal tariffs, although the details of the plan would not be made public until Monday next week, Minister of Economic Affairs J.W. Kuo (郭智輝) said yesterday.The Cabinet established an economic and t
TIGHT-LIPPED: UMC said it had no merger plans at the moment, after Nikkei Asia reported that the firm and GlobalFoundries were considering restarting merger talks
United Microelectronics Corp (UMC, 聯電), the world’s No. 4 contract chipmaker, yesterday launched a new US$5 billion 12-inch chip factory in Singapore as part of its latest effort to diversify its manufacturing footprint amid growing geopolitical risks.The new factory, adjacent to UMC’s existing Sing
Taiwan’s official purchasing managers’ index (PMI) last month rose 0.2 percentage points to 54.2, in a second consecutive month of expansion, thanks to front-loading demand intended to avoid potential US tariff hikes, the Chung-Hua Institution for Economic Research (CIER, 中華經濟研究院) said yesterday.Whi
Intel Corp is to spin off assets that are not central to its mission and create new products including custom semiconductors to try to better align itself with customers,chief executive officer Lip-Bu Tan (陳立武) said on Monday.The US chipmaker needs to replace the engineering talent it has lost, impr
Materials Analysis Technology Inc (MA-tek, 閎康) yesterday said revenue from Japan would double this year from last year, thanks to growing demand from Japanese state-backed chip venture Rapidus Corp.MA-tek’s remarks came as Rapidus makes progress on its first chip manufacturing factory in Chitose, Ho
The 950 Taiwanese and 88 overseas companies with primary listings on the Taiwan Stock Exchange (TWSE) reported combined pretax profit of NT$4.89 trillion (US$147.3 billion) for last year, up 38.33 percent from NT$3.54 trillion a year earlier, the exchange said yesterday.The TWSE-listed firms generat
US manufacturing contracted last month after growing for two straight months, while a measure of inflation at the factory gate jumped to the highest level in nearly three years amid rising anxiety over tariffs on imported goods.Anecdotes from the Institute for Supply Management (ISM) survey yesterda
Taiwan remains on the latest US report on foreign trade barriers, released on Monday by the Office of the US Trade Representative (USTR), just days before US President Donald Trump is set to announce reciprocal tariffs.The section of the report on Taiwan, which remained largely similar to last year’
OpenAI on Monday said it raised US$40 billion in a new funding round that valued the ChatGPT maker at US$300 billion, the biggest capital-raising session ever for a start-up.ChatGPT is an artificial intelligence (AI) chatbot launched in November 2022.The infusion of cash comes in a partnership with
A visitor walks in a field of “Tulipani Italiani” tulips at the Agriturismo Cascina DUC farm in Grugliasco, near Turin, Italy, yesterday. The Tulipani Italiani you-pick garden was launched by the Netherlands’ Nitsuhe Wolanios and her companion Edwin Koeman. For a fee, visitors can walk through the g
SUPPORT: Shigeru Ishiba’s government has pledged about 5.4 trillion yen in an attempt to claw back some of Japan’s former leadership in chip technology
Japan is preparing as much as ￥802.5 billion (US$5.4 billion) in additional aid for chip start-up Rapidus Corp, a move that reflects Tokyo’s growing resolve to secure semiconductors during a time of heightened US-China tensions.That brings the total amount of public money earmarked for the country’s
UNCERTAINTY: Heavyweight tech stocks bore the brunt of the sell-off, with TSMC down 4.41 percent, MediaTek down 5.12 percent and Hon Hai dropping 5.19 percent
The TAIEX yesterday plunged 4.2 percent, or 906.99 points, to an eight-month low of 20,695.9 — its fourth-steepest single-day drop — as investors offloaded risky assets ahead of US President Donald Trump’s expected announcement of reciprocal tariffs on Wednesday.The benchmark index lost 10.2 percent
The US remained the largest debtor nation to Taiwanese banks for the 38th consecutive quarter as of the end of December last year, the central bank said on Friday.Taiwanese banks’ exposure to the US totaled US$176.997 billion, a 2.74 percent decline from the previous quarter, central bank data showe
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