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Taiwan stocks dip as PLA launches military drills
Taiwan’s stock market reacts to PLA military drills, with the index dropping nearly 100 points. TSMC and Foxconn shares decline, while shipping stocks rise.
2024/10/14 09:33
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Taiwan announces new drone regulations effective Dec. 1
New drone regulations in Taiwan will take effect Dec. 1, aiming to educate middle school students. Experts from the U.S., EU, and Japan discussed inspection standards at a forum.
2024/09/27 21:00
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No coercion in TSMC’s US plant setup, official confirms
Discover why TSMC’s decision to build a plant in the U.S. was based on market and resource considerations, not coercion, as explained by Economic Minister Kuo at SEMICON Taiwan 2024. Learn about the challenges and progress of the project, and the optimism for the future of the semiconductor exhibition.
2024/09/04 13:26
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Mark Liu calls for AI focus in Taiwan’s economic strategy
Discover insights from Mark Liu, former chairman of TSMC, on Taiwan’s economic strategy, emphasizing AI adoption and the need for a balanced global stance, not defined by U.S. or China relations.
2024/09/03 21:00
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Taiwanese prioritize meat amid changing dietary trends
Explore the latest Big Mac index findings, revealing a stark cost-of-living contrast between the U.S. and Taiwan, with a Big Mac costing significantly less in Taiwan. This report delves into Taiwan’s rising meat consumption, its impact on the economy, and the burgeoning business opportunities in the meat-related dining sector.
2024/08/29 16:59
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Taiwan stock market dips amid U.S. stock impact
Taiwan’s stock market opened down 234 points to 22,136 on Aug. 29 due to the impact of U.S. stocks. Early trading saw a drop of over 300 points before the decline narrowed, holding the 22,000 mark. TSMC shares plunged 24 points to 940.
2024/08/29 09:57
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Taichung mayor embarks on global trips to boost city ties
Discover how Taichung Mayor Lu Shiow-yen’s international trips, including visits to Hong Kong, Europe, Singapore, and the U.S., aim to boost global exchanges and expand the city’s international relations.
2024/08/27 11:07
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Taiwan stock market soars, led by TSMC’s strong performance
Discover how Taiwan’s stock market, led by TSMC, surged, marking a significant rally with a 3.51% increase and breaking records. Learn about the impact of U.S. market trends on this growth.
2024/08/07 11:16
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TSMC shares fall 6% as Taiwan stocks take a hit
Discover the latest on the Taiwan Stock Exchange’s significant drop, with the main index plunging over 600 points amid poor U.S. employment data fears. Learn how TSMC and other tech giants’ stocks were affected and expert market analysis.
2024/08/05 10:04
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Fmr. int’l economics director discusses US policy shifts
Explore insights from Matthew Goodman, former director of international economics at the White House National Security Council staff, on U.S. economic policy changes, the impact of the MAGA movement, and the focus on China and the semiconductor industry in an exclusive TVBS News interview.
2024/07/30 17:18
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Taishin Bank chairman: Trump might impose additional tariffs
Donald Trump’s potential return as president could reshape the global economy, including concerns over tariffs, inflation, and the U.S.-Taiwan relationship, as industry leaders react.
2024/07/17 22:00
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China Airlines relaunches Taipei-Seattle flights
The relaunch of China Airlines’ Taipei-Seattle route marks a significant expansion in U.S. travel options. With five weekly flights and plans for daily service, this move highlights the growing demand for direct connections.
2024/07/15 10:31
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Taiwanese chain Bafang Yunji to open new subsidiary in Texas
Bafang Yunji is expanding its U.S. presence with a new Texas subsidiary and a $7.2 million investment, aiming to increase its store count and strengthen operations.
2024/07/10 10:43
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FSC chair cites U.S. factors as key to Taiwan stock market
Discover how the U.S. interest rate cut and presidential election could impact Taiwan’s stock market, as FSC Chairman Peng Jin-lung discusses market volatility and economic indicators.
2024/07/03 13:48
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Taiwan stock market dips, recovers slightly to 21,500 points
Discover the latest on the Taiwan Stock Exchange’s significant drop and modest recovery, including the performance of major tech stocks like TSMC, MediaTek, and Foxconn. Learn how U.S. market trends and unemployment benefits claims impact Taiwan’s stock market, despite Nvidia’s record high.
2024/05/24 11:32
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Foxtron to battle Chinese brands in EV race
Discover how Foxtron, a joint venture between Hon Hai and Yulon, plans to expand its EV designs globally, facing competition from Chinese brands, and its strategy for entering markets in Southeast Asia, the U.S., and Europe.
2024/05/23 13:28
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Huawei overcomes U.S. restrictions with new smartphone chip
Discover how Huawei’s new Pura 70 series, featuring the advanced Kirin 9010 processor, marks a significant technological leap and defies U.S. restrictions, selling out quickly after launch.
2024/04/29 14:10
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Taipei auto shows spotlight green automotive strategies
The 2024 Taipei AMPA and Autotronics shows highlight the automotive industry’s efforts toward achieving net-zero emissions, with global partnerships and market growth opportunities taking center stage.
2024/04/17 17:52
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Taiwan stock market opens lower following U.S. decline
Taiwan stock market opens lower following U.S. decline, but semiconductor stocks remain strong. TSMC and domestic semiconductor ETFs outperform despite broader market downturn.
2024/04/15 10:01
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Prospect of war unlikely across the Taiwan Strait: scholar
Analysis by Professor Li Cheng of The University of Hong Kong on the relationships between Hong Kong, Taiwan, and China in the context of the new national security law. Insights on the unlikelihood of a Taiwan Strait war, Hong Kong’s unique position, and the need for cooperative approaches between the U.S. and China.
2024/03/22 17:31
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Foxconn predicts triple-digit growth in GPU module business
Foxconn’s Chairman Liu Young-way announces significant growth for the company due to increased generative Artificial Intelligence (AI) applications. Foxconn’s leading position in the AI server market is highlighted, with plans for growth in GPU module and AI server businesses. The company’s cloud network products are experiencing strong growth, with a focus on electric vehicles as well. Liu’s trip to the U.S. for the Nvidia GTC conference aims to showcase Foxconn’s new collaboration model. Shared prosperity and dedication to profits are emphasized in the company’s philosophy.
2024/03/15 15:39
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US reviews Chinese car imports citing security risks
China criticizes US restrictions on car exports, citing national security concerns. US subjects Chinese internet-connected cars to security risk review, sparking backlash from China’s Ministry of Commerce. White House alleges data collection on US citizens, prompting investigation. President Biden calls potential influx of Chinese cars a national security risk. US considers import restrictions on Chinese vehicles, impacting connected and autonomous cars and parts. U.S. Secretary of Commerce warns of data collection by Chinese smart connected cars, likening them to "iPhones on wheels."
2024/03/05 17:12
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Trump vows to reinstate tariffs on China if reelected
Former U.S. President Donald Trump pledges to reapply tariffs on Chinese goods, potentially exceeding 60%, if he wins the November presidential election. He offers no clear answer on whether he would assist Taiwan in the event of a Chinese attack. Trump plans on imposing a 60% tariff on Chinese goods, a number that may increase. He is leading in the Republican primary and is expected to face incumbent President Joe Biden in November. Trump imposed tariffs amounting to US$250 billion on Chinese imported goods during his term, sparking a trade war. Biden retained Trump’s tariff policy and banned the export of advanced semiconductors and semiconductor production equipment. Trump disputes rumors of another trade war with China, stating that he has handled all matters related to China well. He also criticizes Taiwan for taking semiconductor jobs from the U.S. and suggests imposing tariffs and trade barriers on Taiwan.
2024/02/06 17:05
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Supermicro stock soars after surpassing financial forecasts
Supermicro, the U.S.-based server and computer manufacturer, experienced a stock price surge of over 10% during after-hours trading on Jan. 29. This increase followed the release of the company’s financials for the October-December 2023 period, which exceeded market expectations. Supermicro upgraded its full-year revenue outlook for the 2024 fiscal year from US$10-11 billion to US$14.3-14.7 billion. The current quarter’s sales estimate is US$3.7-4.1 billion, with an adjusted earnings per share of US$5.20-US$6.01. Net sales for the company have more than doubled from US$1.8 billion in the same period last year to $3.66 billion, surpassing the market estimate of US$3.42 billion. Supermicro CEO Charles Liang attributed the company’s success to winning new partners and the increasing demand for its optimized AI computer platforms and comprehensive IT solutions.
2024/01/30 17:46
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Taiwan’s stock market climbs despite TSMC share dip
Taiwan’s stock market rose to 17,595.01 on Friday morning, despite Taiwan Semiconductor Manufacturing Company (TSMC) shares falling to NT$578. This contrasts with major U.S. stock indices, as the Dow Jones rose by 10.15 points while the Nasdaq fell by 81.91 points. TSMC’s American Depositary Receipt (ADR) price also dropped below US$100 to US$99.13, causing a decline of around 1.04%. This decrease in TSMC’s value affected the main index by approximately 16 points, and its market capitalization dipped below NT$15 trillion. Meanwhile, Asus Chairman Jonney Shih announced the company’s intensified efforts in artificial intelligence (A.I.) development, resulting in Asus shares rising by 6 points to open at NT$460.
2024/01/05 18:32