The number of domestic business entities had reached over 1.17 million as of the end of September, generating a combined turnover of NT$23.7 trillion (US$729.25 billion) during the first nine months of the year, according to statistics released on Saturday by the Directorate General of Budget, Accounting and Statistics (DGBAS).
The turnover posed a year-on-year growth of 4.2 percent, the bulk of which was contributed by the manufacturing sector at more than NT$8.76 trillion, the tallies show.
The largest portion of domestic business entities were wholesale and retail businesses, with 612,374 business units registered as of Sept. 30, which represents a year-on-year decline of 0.7 percent.
Businesses involving cultural, sports and leisure activities fell to 25,819 units, posing a 7.5 percent drop and representing the largest decline in the number of business units compared with other categories, most of which also saw volume drops.
Despite the drops, however, turnover generally increased among the different business categories in the first nine months of the year.
The manufacturing sector recorded a year-on-year turnover growth of 8.3 percent, while the wholesale and retail sector registered a 3.6 percent growth.
The largest growth was in the real estate trading and renting service sector at 15.7 percent, with a combined turnover of NT$574 billion in the nine-month period, the statistics show.
Quanta Computer Inc (廣達) chairman Barry Lam (林百里) is expected to share his views about the artificial intelligence (AI) industry’s prospects during his speech at the company’s 37th anniversary ceremony, as AI servers have become a new growth engine for the equipment manufacturing service provider. Lam’s speech is much anticipated, as Quanta has risen as one of the world’s major AI server suppliers. The company reported a 30 percent year-on-year growth in consolidated revenue to NT$1.41 trillion (US$43.35 billion) last year, thanks to fast-growing demand for servers, especially those with AI capabilities. The company told investors in November last year that
Intel Corp has named Tasha Chuang (莊蓓瑜) to lead Intel Taiwan in a bid to reinforce relations between the company and its Taiwanese partners. The appointment of Chuang as general manager for Intel Taiwan takes effect on Thursday, the firm said in a statement yesterday. Chuang is to lead her team in Taiwan to pursue product development and sales growth in an effort to reinforce the company’s ties with its partners and clients, Intel said. Chuang was previously in charge of managing Intel’s ties with leading Taiwanese PC brand Asustek Computer Inc (華碩), which included helping Asustek strengthen its global businesses, the company
Taiwanese suppliers to Taiwan Semiconductor Manufacturing Co. (TSMC, 台積電) are expected to follow the contract chipmaker’s step to invest in the US, but their relocation may be seven to eight years away, Minister of Economic Affairs J.W. Kuo (郭智輝) said yesterday. When asked by opposition Chinese Nationalist Party (KMT) Legislator Niu Hsu-ting (牛煦庭) in the legislature about growing concerns that TSMC’s huge investments in the US will prompt its suppliers to follow suit, Kuo said based on the chipmaker’s current limited production volume, it is unlikely to lead its supply chain to go there for now. “Unless TSMC completes its planned six
TikTok abounds with viral videos accusing prestigious brands of secretly manufacturing luxury goods in China so they can be sold at cut prices. However, while these “revelations” are spurious, behind them lurks a well-oiled machine for selling counterfeit goods that is making the most of the confusion surrounding trade tariffs. Chinese content creators who portray themselves as workers or subcontractors in the luxury goods business claim that Beijing has lifted confidentiality clauses on local subcontractors as a way to respond to the huge hike in customs duties imposed on China by US President Donald Trump. They say this Chinese decision, of which Agence
RSS