NEW MARKET: The partnership opens up India to the Dutch company, which already has a strong hold in the semiconductor market of South Korea, Taiwan and China
ASML Holding NV entered into a partnership agreement with Tata Electronics Pvt Ltd aimed at ramping up India’s goal to develop domestic chip-manufacturing capabilities.The Dutch company’s technology would help power Tata Electronics’ planned 300 millimeter (mm) semiconductor foundry in Gujarat, acco
Overseas branches of Taiwanese banks have reported NT$28.99 billion (US$918.8 million) in combined net profit for the first quarter of this year, a record high for the period and up 8.6 percent year-on-year, although their overseas units in China saw net profit decline of 19.71 percent, data release
CPC Corp, Taiwan (CPC, 台灣中油) and Formosa Petrochemical Corp (台塑石化) have decided to leave domestic gasoline and diesel prices unchanged this week, although international crude oil prices continue to rise due to ongoing tensions in the Middle East.CPC and Formosa have ensured that domestic gasoline an
Wall Street is licking its chops over an unprecedented slate of massive initial public offerings (IPOs) set to arrive in the coming months, beginning with Elon Musk’s Space Exploration Technologies Corp (SpaceX) next month.That is expected to be followed by artificial intelligence (AI) rivals OpenAI
A pedestrian walks past an adepiction of the Indian rupee symbol outside the Reserve Bank of India building in Mumbai yesterday. India is scrambling to salvage a sinking rupee that hit a record low of more than 96 to the US dollar on Friday last week, as surging oil prices linked to the Middle East
Stomach bugs on cruise ships hit a nearly two-decade high as more people than ever board the vessels, underscoring how easily viruses spread on contained voyages.While cruises are in a global spotlight after a rare hantavirus outbreak killed three people on a cruise ship last month, mild gastrointes
Global warming is causing rivers to slowly lose oxygen, threatening fish and other lives in the waterways, a new study shows.Researchers in China used satellites and artificial intelligence to track and analyze oxygen levels in more than 21,000 rivers across the globe since 1985. They found oxygen l
A new exhibition in central Taiwan is revisiting the rise of Taiwan’s comics culture in the late 1980s and early 1990s through the legacy of an ambitious weekly magazine that sought to build a local comics industry.The exhibition, titled “1989, A Sunday Comics Dream,” centers on the weekly magazine
FOUR POTENTIAL SHIFTS: One possible change to Fed policy stems from the new chairman’s criticism of its ‘dot plot’ system, which provides interest rate projections
A change in leadership at the US Federal Reserve could usher in significant shifts in monetary policy and communication strategy, underscoring mounting market scrutiny over how new Fed Chairman Kevin Warsh might redefine the role of the world’s most influential central bank, Taiwan’s central bank sa
SMART PRODUCTS: The company’s chairman said that growth this quarter is expected to be strongest in its intelligent software and solutions business
Industrial computer maker Ennoconn Corp (樺漢科技) yesterday said revenue this quarter is expected to grow sequentially, driven by rising demand for its smart retail products, particularly in the North American market.The growth momentum is expected to come from the commercialization of its physical art
Cerebras Systems Inc shares jumped 68 percent in its trading debut after raising US$5.5 billion in the year’s largest initial public offering (IPO), illustrating investors’ surging appetite for artificial intelligence (AI) data centers and the chips running them.Shares of the Sunnyvale, California-b
US export controls on semiconductor chips were not a major topic of discussions with Chinese officials in Beijing, US Trade Representative Jamieson Greer said in an interview yesterday. The comments suggest a breakthrough on selling Nvidia’s advanced H200 chips to China remains far away, despite Nvi
Applied Materials Inc, the largest US supplier of semiconductor equipment, on Thursday gave sales and profit forecasts that far exceeded analysts’ estimates, fueled by soaring demand for artificial intelligence (AI) computing and memory chips.Revenue would be approximately US$8.95 billion in the fis
People line up outside the Swatch NGHC Ginza store in Tokyo yesterday. More than 200 people, some of them who had been there since Thursday, were seeking to be among the first to buy Swatch’s latest collaboration with the Audemars Piguet brand. The Bioceramic Royal Pop pocket watch is to go on sale
AI OPTIMISM: Cloud and networking products, such as AI servers, were the largest contributors to Hon Hai’s profit in the first quarter, demonstrating strong AI demand
Hon Hai Precision Industry Co (鴻海精密) yesterday reported a stronger-than-expected increase in quarterly profit, highlighting sustained spending on hardware essential for artificial intelligence (AI).Net profit for the first quarter of this year rose 19 percent year-on-year to NT$49.92 billion (US$1.5
Quanta Computer Inc (廣達) yesterday said artificial intelligence (AI) server revenue this quarter would continue to grow by a double-digit percentage sequentially, after server revenue last quarter increased by 30 percent quarter-on-quarter and accounted for 75 percent of total server revenue.Servers
EVA Airways Corp (長榮航空) on Wednesday reported its highest-ever net profit for the first quarter, citing strong demand during the Lunar New Year holiday and the winter vacation period.The company in a statement said it posted NT$8.27 billion (US$262.46 million) in net profit during the January-to-Mar
The US has cleared about 10 Chinese firms to buy Nvidia Corp’s second-most powerful artificial intelligence (AI) chip, the H200, but not a single delivery has been made so far, three people familiar with the matter said, leaving a major technology deal in limbo as chief executive officer Jensen Huan
LITTLE APPETITE: Weak demand and rising unsold inventory has caused developers to step back from large-scale projects with amplified risk, an expert said
Taiwan’s cooling housing market is diverging sharply from the buoyant stock market, as tighter mortgage restrictions and government measures aimed at curbing speculation weigh on buyer confidence and prompt developers to scale back new projects in the greater Taipei area, My Housing Monthly (住展雜誌) s
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