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Taiwan’s development fund reports NT$33 billion revenue
The National Development Fund reported 2023 revenue of NT$33 billion, with TSMC dividends contributing 58%. Despite some losses, the fund’s diversified strategy shows growth.
2024/11/22 11:17
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Taiwan’s average salary hits NT$802,000 in 2024
104 Job Bank’s survey reveals Taiwan’s 2024 average salary at NT$802,000. The semiconductor industry leads with NT$1.035 million. Bonuses rise slightly amid economic recovery.
2024/11/21 15:24
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TSMC may build new Taiwan plant annually for 10 years
TSMC plans to expand production in Kaohsiung, Tainan, and Taichung over three years, ensuring water and electricity supply. The 2-nanometer process stays in Taiwan.
2024/11/21 15:11
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AI drives Taiwan’s economic growth, says minister
Taiwan’s economy is set to grow over 4% in 2024, driven by AI, says Minister Liu Chin-ching. U.S. trade policies may boost growth, but uncertainties remain.
2024/11/21 14:38
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U.S. report suggests NATO Plus arms status for Taiwan
The U.S.-China Economic and Security Review Commission urges Congress to amend the Arms Export Control Act, granting Taiwan NATO Plus status to bolster its defense amid China tensions.
2024/11/20 10:01
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Taiwan premier dismisses skepticism toward U.S. ties
Premier Cho Jung-tai dismisses skepticism toward the U.S., emphasizing trust and strengthening Taiwan-U.S. relations. He supports cross-strait communication and Taiwan’s global role.
2024/11/19 14:38
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Lithuania tackles hurdles in Taiwan semiconductor project
Lithuania’s government addresses electricity and land issues to advance a semiconductor project with Taiwan. Delays are expected due to bureaucratic hurdles.
2024/11/19 11:11
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Asia Group executive expects business shifts under Trump 2.0
Taiwan may boost investments in manufacturing and defense under Trump’s administration, says former U.S. ambassador Kurt Tong. Experts foresee scrutiny of Taiwan’s defense spending and potential U.S. manufacturing investments, especially in semiconductors.
2024/11/14 17:01
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TSMC denies bias claims, affirms fair hiring practices
TSMC addresses discrimination claims, affirming fair recruitment and promotion practices. Allegations cite "anti-American" bias favoring Mandarin speakers. TSMC emphasizes diversity and fair employment.
2024/11/14 11:46
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Taiwan stocks dip as TSMC leads market downturn
Taiwan’s stock market fell 39.19 points on Nov. 14, with TSMC’s price dropping amid concerns over U.S. semiconductor bans. Electronic stocks showed mixed results.
2024/11/14 09:28
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TSMC aims to save NT$15B environmental waste with new center
TSMC launched a zero-waste center in Taichung, aiming to cut environmental costs by NT$15 billion annually. The center uses thin-film carbon capture to reduce emissions.
2024/11/13 16:49
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Taiwan foreign minister meets ex-Japan envoy to boost ties
Taiwan’s Foreign Minister Lin Chia-lung met with former Japanese ambassador Hideo Tarumi to discuss regional issues and strengthen ties. They addressed Taiwan Strait peace, economic challenges, and semiconductor industry collaboration. Lin praised Tarumi’s role in Taiwan-Japan relations.
2024/11/12 16:55
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Taiwan urges Germany to aid TSMC’s European expansion
Taiwan’s Vice Minister of Economic Affairs announced TSMC’s plans for a German factory, aiming to boost Taiwanese expansion in Europe. Discussions with Germany focused on economic security, supply chain resilience, and collaborations in energy and semiconductors.
2024/11/12 09:50
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TSMC hits record revenue of NT$314.24B in October
TSMC reports record revenue of NT$314.24 billion for October, marking a 29.2% year-over-year growth. The company’s stock rose 2.35%, closing at NT$1,090.
2024/11/08 14:35
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Taiwan stocks surge as market opens with 200-point rise
Taiwan stocks surged on Nov. 8, with a 199.29-point rise at opening, driven by gains in TSMC and other key stocks. The U.S. Fed’s rate cut supported market momentum.
2024/11/08 09:48
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Experts warn of TSMC supply chain shift to U.S.
Economic experts in Taiwan discuss potential impacts of a new U.S. administration on TSMC’s supply chain. Trump’s tariff policies may affect Taiwan’s semiconductor sector.
2024/11/07 13:46
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Taiwan’s MOEA warns of impact from Trump’s China tariffs
Taiwan’s economic minister addresses concerns over Trump’s proposed tariffs on Chinese imports, highlighting potential impacts on Taiwanese businesses and strategic plans to adapt.
2024/11/07 13:04
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Green energy to power TSMC by 2030, minister announces
Taiwan’s Economic Minister J. W. Kuo pledges to cut energy prices by 2030, focusing on green energy for major users like TSMC. Learn about Taiwan’s energy plans.
2024/11/06 14:21
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Taiwan official to attend TSMC board meeting in U.S.
Taiwan’s Economic Minister J. W. Kuo announced a TSMC ceremony in December, possibly marking the Arizona plant’s completion. U.S. CHIPS Act subsidies are anticipated.
2024/11/06 13:58
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Taiwan official: U.S. election won’t affect TSMC ties
Taiwan’s Economic Minister J. W. Kuo assures minimal impact on TSMC from the U.S. election, citing strong ties. TSMC’s U.S. plant success boosts confidence.
2024/11/06 11:11
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Taiwan urges U.S. leaders to grasp its defense capabilities
Taiwan’s defense minister stresses the need for U.S. leaders to understand Taiwan’s defense capabilities amid the U.S. election. Taiwan focuses on regional peace.
2024/11/05 15:26
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Ex-NTU president calls for Taiwan’s grand strategy
Kuan Chun-ming warns Taiwan against overreliance on TSMC amid U.S. policy shifts. He urges a grand strategy for industrial diversification and market independence.
2024/11/05 11:30
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Chiayi magistrate confirms no delays for TSMC project
Chiayi Magistrate Weng Chang-liang confirms no delays in TSMC’s Chiayi Science Park project despite a cultural site discovery. Infrastructure to finish by 2026.
2024/11/04 13:37
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Taiwan Power Co. plans slight electricity price adjustment
Taiwan Power Co. plans to adjust electricity prices due to rising fuel costs. Industrial rates will increase by up to 14%, while residential rates remain frozen.
2024/11/01 16:07
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Premier Cho highlights power boost with new LNG terminals
Premier Cho Jung-tai highlights improvements in northern Taiwan’s power supply with new LNG terminals. Energy policies and future power demands are discussed.
2024/10/29 14:29