SMART MANUFACTURING: The company aims to have its production close to the market end, but attracting investment is still a challenge, the firm’s president said
Delta Electronics Inc (台達電) yesterday said its long-term global production plan would stay unchanged amid geopolitical and tariff policy uncertainties, citing its diversified global deployment.With operations in Taiwan, Thailand, China, India, Europe and the US, Delta follows a “produce at the marke
Dynapack International Technology Corp (順達), which makes lithium battery packs used in notebook computers and backup battery units (BBU) for servers powered by Nvidia Corp chips, yesterday cut its revenue forecast to an annual decline of up to 20 percent, attributable to adverse impact from strong a
The US would sell “so much” beef to Australia, US President Donald Trump said on Thursday after Canberra relaxed import restrictions, adding that other countries that refused US beef products were on notice.Australia on Thursday said it would loosen biosecurity rules for US beef, something analysts
Intel Corp tumbled in late trading after the company’s CEO Lip-Bu Tan (陳立武) sparked concerns that he was more focused on cost-cutting than restoring the chipmaker’s technological edge.As part of Intel’s second-quarter report on Thursday, Tan said the company would cancel some factory projects and ta
Cynthia, second name not given, shows her huge Labubu doll to the media during the opening of Germany’s first shop for Labubu plush dolls in Berlin yesterday.
FRIENDLY ACQUISITION: TS Financial, the new entity, has combined assets of NT$8.3 trillion, more than 10 million clients, over 1 million shareholders and 32,000 employees
Taishin Financial Holding Co (台新金控) and Shin Kong Financial Holding Co (新光金控) yesterday finalized their long-anticipated merger, creating TS Financial Holding Co (台新新光金控), whose combined assets make it the fourth-largest financial holding company in Taiwan.The new entity, with NT$8.3 trillion (US$28
SUPPLY RESILIENCE: The extra expense would be worth it, as the US firm is diversifying chip sourcing to avert disruptions similar to the one during the pandemic, the CEO said
Advanced Micro Devices Inc (AMD) chief executive officer Lisa Su (蘇姿丰) on Wednesday said that the chips her company gets from supplier Taiwan Semiconductor Manufacturing Co (TSMC, 台積電) would cost more when they are produced in TSMC’s Arizona facilities.Compared with similar parts from factories in T
US President Donald Trump on Wednesday suggested that he would not go below 15 percent as he sets so-called “reciprocal tariff” rates ahead of a deadline on Friday next week, an indication that the floor for the increased levies was rising.“We’ll have a straight, simple tariff of anywhere between 15
Industrial computer maker Nexcom International Co (新漢) yesterday said it expects flat revenue growth in the second half of this year due to geopolitical uncertainties and foreign-exchange fluctuations.Customers have adopted a wait-and-see attitude amid global uncertainties over potential US tariffs,
The government will promote cross-disciplinary integration of chips and artificial intelligence (AI) to upgrade the biotech sector and enhance global competitiveness, positioning Taiwan as a trustworthy international partner, Premier Cho Jung-tai (卓榮泰) said yesterday at the opening of BIO Asia-Taiwa
Machinery’s share of Taiwan’s total exports slid to a record low of 5.1 percent last year due to Chinese dumping in the international market, the Ministry of Finance said in a report yesterday.China’s decision to end preferential tariffs for Taiwanese machinery and the continued economic downturn in
South Korean chip giant SK Hynix Inc yesterday reported record quarterly profits, thanks to soaring demand for artificial intelligence (AI).The world’s second-largest memorychip maker dominates the market for high-bandwidth memory (HBM) semiconductors and is a key supplier for Nvidia Corp.Operating
A screen-used Stormtrooper helmet from “Star Wars: Episode IV — A New Hope” is displayed during the final preview of Turner Classic Movies and Julien’s Auctions “Echoes from the Galaxy: A Star Wars Memorabilia Exhibit + Auction” at the Comic-Con Museum in San Diego, California, on Wednesday. The auc
Citi won a record 52 global, regional and local market awards from Euromoney, including CEO Jane Fraser’s “Banker of The Year” award, at the annual Euromoney Awards for Excellence 2025 event.The Banker of the Year award recognized Jane’s unique leadership style and ability to influence significant c
ELECTRONICS BOOST: A predicted surge in exports would likely be driven by ICT products, exports of which have soared 84.7 percent from a year earlier, DBS said
DBS Bank Ltd (星展銀行) yesterday raised its GDP growth forecast for Taiwan this year to 4 percent from 3 percent, citing robust demand for artificial intelligence (AI)-related exports and accelerated shipment activity, which are expected to offset potential headwinds from US tariffs.“Our GDP growth for
POTENTIAL SILVER LINING: Trump’s announcement that the US would cut tariffs on Japan sparked optimism among companies supplying components to the country
The nation’s industrial production index rose 18.65 percent year-on-year to 111.48 last month, driven by strong demand for artificial intelligence (AI) servers and high-performance computing (HPC) applications, partially offset by weakness in traditional industries, the Ministry of Economic Affairs
Rayzher Industrial Co (銳澤), which specializes in installing mains systems and gas pipelines to transmit utilities for semiconductor manufacturers, yesterday said it has formed a strategic partnership with Japan’s Crest Technologies Co as it seeks to enhance overseas operations to expand revenue.Rayz
Sales in the retail sector last month decreased 2.9 percent year-on-year to NT$390 billion (US$13.3 billion), government data released yesterday showed, as consumers remained cautious amid lingering uncertainty over US tariff policy and local currency volatility.Last month’s decrease was the third c
Taiwan’s trade negotiators have arrived in the US for talks aimed at clinching a trade deal with US President Donald Trump’s team and averting a threatened 32 percent tariff.“At this very moment, Vice Premier Cheng Li-chun (鄭麗君) and the negotiation team are in Washington, DC, conducting the fourth r
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