The Taiwan Stock Exchange Corp (TSE, 台灣證券交易所) yesterday wrapped up Taiwan's biggest-ever investment presentation to woo foreign investment, drawing the participation of 130 foreign corporations, TSE Chairman Wu Rong-i (吳榮義) said.
The three-day presentation, organized by the TSE and Yuanta Securities Co (元大證券), started on Wednesday.
Eighty of Taiwan's listed companies took part in the presentation designed to seek investment from foreign corporations, with each foreign firm having eight face-to-face seminars with local companies during the three days.
Foreign participants had positive views about the influence of next Saturday's presidential election and showed keen interest in Taiwanese shares because of the rising New Taiwan dollar, Wu said.
Wu said the TSE used to hold business presentations overseas to introduce Taiwan's industrial development and competitive advantages, but this was the first time Taiwan had held this type of presentation at home.
He expressed hope that the business presentation would help increase the proportion of foreign investment, saying that foreign investment transactions account for about 30 percent of the Taipei market, while about 60 percent are individual stock investments.
He said that Taiwan's companies that receive the highest amount of foreign investment are in the high-tech sector, with the average stock-holding ratio of foreign investment in these companies at over 60 percent.
The TSE will seek more opportunities to introduce small and medium-sized enterprises to foreign investors to increase their stock holding ratios, Wu added.
RUN IT BACK: A succesful first project working with hyperscalers to design chips encouraged MediaTek to start a second project, aiming to hit stride in 2028 MediaTek Inc (聯發科), the world’s biggest smartphone chip supplier, yesterday said it is engaging a second hyperscaler to help design artificial intelligence (AI) accelerators used in data centers following a similar project expected to generate revenue streams soon. The first AI accelerator project is to bring in US$1 billion revenue next year and several billion US dollars more in 2027, MediaTek chief executive officer Rick Tsai (蔡力行) told a virtual investor conference yesterday. The second AI accelerator project is expected to contribute to revenue beginning in 2028, Tsai said. MediaTek yesterday raised its revenue forecast for the global AI accelerator used
TEMPORARY TRUCE: China has made concessions to ease rare earth trade controls, among others, while Washington holds fire on a 100% tariff on all Chinese goods China is effectively suspending implementation of additional export controls on rare earth metals and terminating investigations targeting US companies in the semiconductor supply chain, the White House announced. The White House on Saturday issued a fact sheet outlining some details of the trade pact agreed to earlier in the week by US President Donald Trump and Chinese President Xi Jinping (習近平) that aimed to ease tensions between the world’s two largest economies. Under the deal, China is to issue general licenses valid for exports of rare earths, gallium, germanium, antimony and graphite “for the benefit of US end users and their suppliers
Dutch chipmaker Nexperia BV’s China unit yesterday said that it had established sufficient inventories of finished goods and works-in-progress, and that its supply chain remained secure and stable after its parent halted wafer supplies. The Dutch company suspended supplies of wafers to its Chinese assembly plant a week ago, calling it “a direct consequence of the local management’s recent failure to comply with the agreed contractual payment terms,” Reuters reported on Friday last week. Its China unit called Nexperia’s suspension “unilateral” and “extremely irresponsible,” adding that the Dutch parent’s claim about contractual payment was “misleading and highly deceptive,” according to a statement
Artificial intelligence (AI) giant Nvidia Corp’s most advanced chips would be reserved for US companies and kept out of China and other countries, US President Donald Trump said. During an interview that aired on Sunday on CBS’ 60 Minutes program and in comments to reporters aboard Air Force One, Trump said only US customers should have access to the top-end Blackwell chips offered by Nvidia, the world’s most valuable company by market capitalization. “The most advanced, we will not let anybody have them other than the United States,” he told CBS, echoing remarks made earlier to reporters as he returned to Washington
RSS