UNCERTAINTY: The company, which is yet to name a new leader since ousting CEO Pat Gelsinger late last year, has said it would pursue a more cautious strategy
Intel Corp is further delaying the opening of a much-touted new semiconductor complex in Ohio, marking the latest setback to the chipmaker’s expansion plans.The first plant, originally scheduled to begin operating this year, now would not be completed until 2030, the company said in a statement on F
India’s Adani Group has revived plans for major infrastructure investments in the US, where the group’s founder has been charged with bribery, the Financial Times reported yesterday.Since the election of US President Donald Trump, the conglomerate has reactivated potential plans to fund projects in
Gasoline and diesel prices this week are to decrease NT$0.1 per liter following a fall in international crude prices last week, CPC Corp, Taiwan (CPC, 台灣中油) and Formosa Petrochemical Corp (台塑石化) said yesterday.Effective today, gasoline prices at CPC and Formosa stations are to decrease to NT$29.7, N
Chinese artificial intelligence (AI) phenomenon DeepSeek (深度求索) revealed some financial numbers on Saturday, saying its “theoretical” profit margin could be more than five times costs, peeling back a layer of the secrecy that shrouds business models in the AI industry.The 20-month-old start-up that
Softbank Group chief executive officer Masayoshi Son plans to borrow US$16 billion to invest in artificial intelligence (AI), the company’s executives told banks last week, The Information tech news Web site reported on Saturday, citing people familiar with the matter.The Japanese technology investo
People attend a university expo at the National Taiwan University Sports Center in Taipei yesterday. Some private universities in Taiwan are offering sizable scholarships to attract students, with several universities in Hong Kong and Macau also setting up booths to attract outstanding local student
As a fixture of India’s burgeoning craft beer scene, Varsha Bhat is a rarity twice over: first as a woman who brews alcohol, and second as a woman who drinks it.Bhat is staking a claim to a male-dominated industry in a country where social mores compel most women to stay teetotal. The 38-year-old ha
In 28 years of recruitment, Matt Collingwood has witnessed some “very awkward” job interviews. Such as the candidate whose curriculum vitae (CV) falsely boasted of a second-dan black belt in taekwondo, only to discover his interviewer was an aficionado of the sport.“An interview that should have bee
Teleperformance SE, the largest call-center operator in the world, is rolling out an artificial intelligence (AI) system that softens English-speaking Indian workers’ accents in real time in a move the company claims would make them more understandable.The technology, called accent translation, coup
DRUG TRADE: The 25% tariffs on Canada and Mexico from March 4 and another 10% tax on China would stop the flow of illegal drugs into the US, Donald Trump said
US President Donald Trump said the 25 percent tariffs on Canada and Mexico are on track to go into place on Tuesday next week, and that he would impose an additional 10 percent tax on Chinese imports, moves that would deepen his fight with the largest US trading partners.The president paused the swe
PROBE CONTINUES: Those accused falsely represented that the chips would not be transferred to a person other than the authorized end users, court papers said
Singapore charged three men with fraud in a case local media have linked to the movement of Nvidia’s advanced chips from the city-state to Chinese artificial intelligence (AI) firm DeepSeek (深度求索).The US is investigating if DeepSeek, the Chinese company whose AI model’s performance rocked the tech w
Wiwynn Corp (緯穎), a supplier of artificial intelligence (AI) servers and components, on Thursday said that it plans to invest US$300 million to build its first manufacturing facility in Texas to cope with the realignment of global supply chains amid escalating macroeconomic uncertainty.Wiwynn operat
Taiwan’s life insurance companies posted a significant boost in profitability in January, with pretax earnings reaching NT$32.1 billion (US$978.06 million), the highest for the same period in three years, Financial Supervisory Commission data showed on Thursday.The improvement came after recurring i
India’s economy grew by 6.2 percent in the October-to-December period, marginally below expectations, but faster than in the previous quarter, on the back of increased government and consumer spending, data released yesterday showed.The growth in GDP was slightly lower than the 6.3 percent expansion
A worker dries vermicelli, which are used for a popular dessert, ahead of the Muslim holy month of Ramadan in Karachi, Pakistan, yesterday. Ramadan is expected to begin today, depending on the sighting of the crescent moon.
‘YELLOW-RED’: The business climate monitor’s composite score slid 4 points from a month earlier, but the indices of leading and coincident indicators moved up
The government’s business climate monitor last month turned “yellow-red” from “red,” indicating that Taiwan’s economy continued to expand, although some barometers slowed because of fewer working days, the National Development Council (NDC) said yesterday.The composite score shed 4 points to 34, but
‘SACRED MOUNTAIN’: The chipmaker can form joint ventures abroad, except in China, but like other firms, it needs government approval for large investments
Taiwan Semiconductor Manufacturing Co (TSMC, 台積電) needs government permission for any overseas joint ventures (JVs), but there are no restrictions on making the most advanced chips overseas other than for China, Minister of Economic Affairs J.W. Kuo (郭智輝) said yesterday.US media have said that TSMC,
Yaego Corp (國巨), the world’s No. 3 multilayer ceramic capacitor (MLCC) supplier, yesterday reported its weakest quarterly net profit in about four years, affected by sagging customer demand due to inventory correction and seasonal weakness. Net profit last quarter sank 22.83 percent year-on-year to
Nomura Holdings Inc downgraded Taiwanese equities, citing greater scrutiny of the artificial intelligence (AI) sector and US President Donald Trump’s plans to impose tariffs on trading partners.Taiwanese stocks were cut to “neutral” from a tactical “overweight” in Nomura’s Asian allocation given “co
RSS