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Taiwan central bank denies US pressure on currency
Taiwan’s Central Bank Governor Chin-Long Yang addresses concerns over currency fluctuations, denying U.S. pressure to appreciate the New Taiwan dollar. The bank clarifies its non-involvement in U.S.-Taiwan trade talks and dismisses media speculation on the Mar-a-Lago Accord.2025/05/08 13:00 -
TSMC Q1 profits surge 60% as AI chip demand accelerates
Taiwan Semiconductor Manufacturing Company (TSMC) reported a 60% jump in first-quarter profits to NT$361.6 billion (US$11.17 billion) as AI chip demand soars. Despite stock declines amid US trade tensions, CEO C.C. Wei announced plans for 11 new manufacturing facilities in Taiwan and confirmed 2nm chip production will begin in late 2025.2025/04/17 20:14 -
Taiwan’s zero tariff move pressures local industries
Despite a 90-day pause on broader reciprocal tariffs, Trump plans to implement semiconductor tariffs that could impact Taiwan’s tech sector. Experts urge Taiwan to renegotiate and expand US procurement during this window.2025/04/14 17:41 -
Taiwan’s ASUS stockpiles inventory ahead of US tariffs
ASUS boosts inventory to counter U.S. market uncertainties amid new tariffs. The company adapts strategies to maintain competitiveness, while Acer focuses on collaboration.2025/04/08 17:00 -
TMBA advises diversification amid US policy changes
The Taiwan Machine Tool & Accessory Builder’s Association warns that Trump’s policies may challenge Taiwan’s industry. Explore strategies for global competitiveness.2024/11/11 16:07