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TSMC stocks hit record high, market value surpasses NT$20T
Taiwan Semiconductor Manufacturing Company (TSMC) stock price hits record high, pushing market value beyond NT$20 trillion. TSMC’s surge driven by factors like NVIDIA shares increase and Fed Chair Powell’s optimistic outlook. Taiwan Stock Exchange (TWSE) also reaches record high of 20,065.5 points.2024/03/08 10:18 -
TSMC inaugurates first fabrication plant in Japan
TSMC, the leading semiconductor manufacturer, has inaugurated its first fabrication plant in Kumamoto, Japan, marking a pivotal step in its global expansion. This strategic move aims to enhance Japan’s chip industry and TSMC’s manufacturing capabilities, with plans for a second fab and a commitment to sustainability.2024/03/03 18:31 -
Taiwan sees rise in unpaid leave figures, now totals 9,935
The Ministry of Labor in Taiwan has reported an increase of 359 employees on unpaid leave since December 18, bringing the total to 9,935. The rise is primarily attributed to the manufacturing sector, which has been affected by a decline in orders. Notably, a sports equipment manufacturing company saw a significant increase of around 170 unpaid leave cases, while the Hsinchu Science Park, known for its semiconductor component manufacturers, reported about 50 workers on unpaid leave. A total of 382 businesses have reduced working hours, impacting 9,935 workers. In the Hsinchu Science Park alone, a semiconductor component manufacturer with a staff of over 600 has implemented reduced shifts for 50 workers. Other industries, such as support services, wholesale, and retail, have experienced relatively minor changes during this period.2023/12/25 19:21 -
Qualcomm layoffs to affect Shanghai and Taiwan
Qualcomm, a leading semiconductor manufacturer, enacts company-wide layoffs in Shanghai and Taiwan, offering varying severance packages. The wireless networking and software divisions bear the brunt of the staff reductions.2023/09/21 19:45 -
TSMC makes 3.5B euros investment to build plant in Germany
Taiwanese semiconductor manufacturer TSMC announced on Tuesday (Aug. 9) an investment of 3.5 billion euros in a facility located in Germany, marking TSMC’s inaugural site in Europe and capitalizing on substantial government backing for the US$11 billion plant.2023/08/09 19:42