Thursday briefing: What you need to know about Taiwan today

TAIPEI (TVBS News) — As Taiwan navigates a landscape of economic triumph, social challenges, and cultural excitement, Thursday's (Jan. 16) headlines capture a snapshot of resilience and innovation. From record-breaking revenues and optimistic business forecasts to pressing societal issues and cultural milestones, Taiwan is abuzz with activity. Here are the five news stories you need to know tonight:

TSMC Achieves Record Q4 Revenue Amid Technological Advancements

Taiwan Semiconductor Manufacturing Company (TSMC, 台積電) reported a record-breaking Q4 revenue of US$26.88 billion, surpassing its forecasted range and achieving significant profit margins. Advanced manufacturing processes like 3nm and 5nm technologies were crucial contributors, accounting for a remarkable portion of the output. For 2024, TSMC's total revenue soared to NT$2.8943 trillion, marking a substantial annual increase.

The company's annual gross margin reached 56.1%, boosted by growth in high-performance computing and other sectors. With a net income of NT$1.1732 trillion, TSMC's earnings per share rose nearly 40%, reflecting its robust market position and strategic investments. The impressive financial performance underscores TSMC's leadership in the semiconductor industry.

AmCham Survey Reveals Optimism for Taiwan's Economic Future
AmCham Taiwan (台灣美國商會) unveiled its 2025 Business Climate Survey, showcasing a positive outlook among members regarding Taiwan's economic prospects. The survey revealed that 90% of respondents plan to maintain or increase their investments, supported by strategic initiatives like digital transformation. However, regulatory challenges persist, with 37% citing inconsistencies as a major concern.

Human capital is a focal point, with 55% of businesses aiming to expand teams or invest in employee development. The survey emphasized the need for regulatory reforms and international cooperation to bolster Taiwan's resilience. Members praised Taiwan's safety but highlighted areas for improvement, such as road safety and government transparency.

Taiwan Loses Millions Daily to Scams, Survey Finds
Business Today's (今周刊) survey revealed Taiwan's citizens face a significant scam problem, losing up to US$15.1 million daily. Investment scams account for 76.9% of these losses, despite high public confidence in fraud detection. Mobile calls, social media, and text messages are common channels for scams, with investment scams being the most prevalent.

Public sentiment supports stricter penalties for platforms failing to address scams, with over 70% backing fines. While awareness of anti-fraud measures is growing, citizens urge more robust enforcement and preventive actions. The survey highlights the urgency of addressing scams to protect Taiwan's financial security.

China Airlines Mourns the Passing of President Hsieh Shih-chien
China Airlines (CAL, 華航) President Hsieh Shih-chien (謝世謙) passed away at 73 due to a suspected heart attack. Known for his leadership that led to record revenue in 2024, Hsieh's career spanned 46 years, leaving a profound impact on CAL. His dedication to employee welfare and strategic insights were instrumental in navigating the aviation industry.

Hsieh's sudden passing comes after signing a labor agreement, highlighting his commitment even during illness. CAL and the aviation community mourn his loss, emphasizing his legacy of unity and business excellence. CAL pledges to uphold his vision, continuing the path he charted for sustainable growth.

Hyun Bin Charms Fans at Taipei's 'Harbin' Premiere
A day earlier, South Korean actor Hyun Bin captivated fans at Ximending's (西門町) Ambassador Theatres (國賓影城) while promoting "Harbin" (哈爾濱). The film's promotional tour began in Taiwan, with Hyun Bin engaging closely with fans, sharing his hopes that the film will illuminate the struggles of the Korean Independence Army.

Hyun Bin's visit has generated significant buzz, with fans eagerly anticipating the film's Jan. 29 release. The promotional tour, featuring an international press conference hosted by Sandy Wu (吳姍儒), aims to highlight the film's historical and cultural significance, leaving a lasting impression on audiences.