Tax revenue generated from securities transactions and vehicle sales declined sharply last month from a year earlier amid uncertainties over US trade policies, the Ministry of Finance said on Tuesday.Securities transaction tax revenue was NT$23.9 billion (US$797.73 million) last month, down by a dou
INVESTMENT ‘ESTIMATE’: To offset the burden firms would face from US tariffs, the government might help them establish operations in the US, J.W. Kuo said
Minister of Economic Affairs J.W. Kuo (郭智輝) yesterday said that his earlier comment about an assumed US$400 billion US investment was only an estimate and was based on references to other countries’ situations.Kuo on Wednesday last week at a meeting with industry representatives said that Taiwan’s i
E Ink Holdings Inc (元太科技), the world’s largest e-paper display supplier, yesterday said it expects moderate revenue decline in the second half of the year, as some e-reader customers have become more conservative about consumer spending amid concerns over US tariffs.The company’s second-quarter reve
The Financial Supervisory Commission (FSC) yesterday dismissed rumors that it plans to tighten rules on high-dividend exchange-traded funds (ETFs), adding that its focus is on improving oversight of products that use “income equalization reserves” for dividend payouts.There are no new restrictions t
The aggregate assets of exchange-traded funds (ETFs) listed in Taiwan as of the end of June had surpassed NT$6.5 trillion (US$216.96 billion), with more than 270 ETFs on the market, the Taiwan Stock Exchange (TWSE) said yesterday at a news conference to promote October’s ETF Investment Expo.The loca
Pomelo grower Chen Chien-cheng uses bamboo poles to reinforce the trees in his orchard in Yunlin County’s Douliu Township yesterday as Typhoon Podul approached Taiwan. The harvest season for locally grown pomeloes would begin in about 10 days, Chen said.
GET AHEAD: The AI start-up's audacious move is to get ahead of a potential requirement for Google to sell the Web browser in US antitrust proceedings
Perplexity AI Inc yesterday offered Google US$34.5 billion for its popular Chrome web browser, which the Internet giant could potentially be forced to sell as part of antitrust proceedings.The whopping sum proposed in a letter of intent by Perplexity is nearly double the value of the start-up, which
NVIDIA FACTOR: Shipments of AI servers powered by GB300 chips would undergo pilot runs this quarter, with small shipments possibly starting next quarter, it said
Quanta Computer Inc (廣達), which supplies artificial intelligence (AI) servers powered by Nvidia Corp chips, yesterday said that AI servers are on track to account for 70 percent of its total server revenue this year, thanks to improved yield rates and a better learning curve for Nvidia’s GB300 chip-
NINETY-DAY PAUSE: An analyst said that Beijing sees its leverage over rare earth exports as a strong one and it is likely to use it to put pressure on Washington
US President Donald Trump on Monday ordered a delay in the reimposition of higher tariffs on Chinese goods, hours before a trade truce between Washington and Beijing was due to expire.The White House’s halt on steeper tariffs would be in place until Nov. 10.“I have just signed an Executive Order tha
Rock Hsu (許勝雄), founder and president of local electronics conglomerate Kinpo Group (金寶集團), yesterday urged the government to protect Taiwan’s semiconductor industry during its negotiations with the US.Speaking with reporters on the sidelines of the Taiwan Venture Capital Summit in Taipei, Hsu said
Taiwan-based IC packaging and testing services provider ASE Technology Holding Co (日月光投控) yesterday said it has agreed to buy a plant in Kaohsiung from radio frequency chipmaker Win Semiconductors Corp (穩懋) to expand its advanced IC assembly capacity.To meet rising demand for high-end IC assembly se
The financial sector last month showed early signs of profit recovery as a modest depreciation of the New Taiwan dollar, dividend inflows and capital gains helped offset losses from market volatility and foreign exchange swings in the first half of the year.Overall results suggest the sector is begi
A woman looks at clothing at a store at the Broadway Plaza Shopping Center in Walnut Creek, California, on Monday. The US Bureau of Labor Statistics was to release US consumer price index figures yesterday.
UNPRECEDENTED DEAL: The arrangement which also includes AMD risks invalidating the national security rationale for US export controls, an expert said
Nvidia Corp and Advanced Micro Devices Inc (AMD) have agreed to pay 15 percent of their revenue from Chinese artificial intelligence (AI) chip sales to the US government in a deal to secure export licenses, an unusual arrangement that might unnerve both US companies and Beijing.Nvidia plans to share
Leading Taiwanese bicycle brands Giant Manufacturing Co (巨大機械) and Merida Industry Co (美利達工業) on Sunday said that they have adopted measures to mitigate the impact of the tariff policies of US President Donald Trump’s administration.The US announced at the beginning of this month that it would impos
TACKLING TARIFFS: The firm might share the costs with clients such as Advanced Micro Devices Inc and Nvidia Corp, as well as consumers, to maintain its gross margin
Micro-Star International Co (MSI, 微星科技) plans to expand its production capacity in the US, with in-house server output at its US plant likely to exceed its earlier projection of 60 percent of total output.The company in June said that it was targeting producing 60 percent of its US server output at
Average regular monthly wages in the industrial and service sectors rose 2.99 percent year-on-year in the first half of this year to NT$47,608 (US$1,591), the fastest pace for the period since 2001, fueled by minimum wage hikes and broad-based pay increases across industries, the Directorate-General
Ta Liang Technology Co (大量), an advanced chip packaging equipment and printed circuit board (PCB) drilling machine supplier, yesterday reported a spike in net profit for the first half of the year, as strong demand for artificial intelligence (AI) applications and data centers persisted.Net profit s
The computer and information technology (IT) service sector’s revenue in the second quarter of this year increased 6.87 percent year-on-year to NT$155.58 billion (US$5.2 billion), the highest for the April-to-June period on record, the Administration for Digital Industries (ADI) said yesterday.The g
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