CONFIDENCE BOOST: After reporting NT$1.56 billion in net profit, Nanya said it had a positive outlook for shipping and profitability this quarter and next year
DRAM chipmaker Nanya Technology Corp (南亞科技) yesterday reported its first quarterly profit in about three years as chip prices soared 40 percent sequentially amid thriving demand for artificial intelligence (AI) applications and scarce supply of mature chips for non-AI devices.The company posted net
Taiwan’s rapidly aging population is fueling a sharp increase in homes occupied solely by elderly people, a trend that is reshaping the nation’s housing market and social fabric, real-estate brokers said yesterday.About 850,000 residences were occupied by elderly people in the first quarter, includi
Chinese semiconductor firm Wingtech Technology Co (聞泰科技) yesterday said it would seek help from Beijing and vowed to protect its interests, after Dutch authorities intervened over its European subsidiary Nexperia Holding NV.Officials in the Netherlands invoked the Goods Availability Act to take cont
Three of the four major units of Formosa Plastics Group (FPG, 台塑集團), the nation’s largest industrial conglomerate, swung back to profit last quarter on the back of improving core businesses, steady foreign exchange rates, rising investment gains and dividend income, the companies said yesterday in s
Taiwan Semiconductor Manufacturing Co (TSMC, 台積電), the world’s largest manufacturer of advanced artificial intelligence (AI) chips, is expected to post a 28 percent jump in third-quarter profit to a record due to the insatiable demand for AI infrastructure, though US tariffs could impact its outlook
Members of the media walk through Sami artist Maret Anne Sara’s new sculptural installation, “Goavve-Geabbil,” at Tate Modern in London yesterday. The multilayered sculpture is to be exhibited from today until April 6 next year.
UNDER PRESSURE: Trump’s new tariff as well as new tech restrictions would spook sentiment in China, but markets could rebound after an initial drop, analysts said
The prospect of a revived trade dispute between Washington and Beijing is threatening to undermine this year’s blistering rally in Chinese stocks and weigh on the yuan.Global equities took a hit on Friday after US President Donald Trump said he would impose a “massive” increase of tariffs on Chinese
INVESTIGATION TIMING: SAMR, which also announced a probe into Nvidia, targeted Qualcomm in the run-up to planned talks between Trump and Xi later this month
US semiconductor manufacturer Qualcomm Inc admitted that it had not informed Chinese authorities when it completed its acquisition of Israel’s Autotalks Ltd in June, China’s market regulator said yesterday.The disclosure was made two days after China launched an antitrust investigation into Qualcomm
Businesses across the global semiconductor supply chain are bracing themselves for disruptions from an escalating trade war, after China imposed curbs on rare earth mineral exports and the US responded with additional tariffs and restrictions on software sales to the Asian nation.China’s restriction
Gasoline and diesel prices are to fall NT$0.2 per liter this week, CPC Corp, Taiwan (台灣中油) and Formosa Petrochemical Corp (台塑石化) said yesterday, as global crude oil prices last week dropped for the second consecutive week.Gasoline prices at CPC and Formosa stations are to fall to NT$27, NT$28.5 and
US President Donald Trump on Friday announced a deal with AstraZeneca PLC that he said would lead to significantly lower domestic drug prices in exchange for granting the pharmaceutical giant tariff relief.The agreement, which follows a similar accord announced last month with US giant Pfizer Inc, r
Women dressed in “qipao” dresses gesture during the “1920s Dress-Up Event” of the Tua-Tiu-Tiann International Festival of Arts on Dihua Street in Taipei yesterday. The month-long festival features performances, workshops and events themed around the historical Dadaocheng area in the 1920s.
With more than 40 percent of Cameroonians living below the poverty line, more than half the central African country’s young people dream of emigrating — and businesses helping them leave are thriving. “We don’t promote immigration, but the demand exists and clients are easily won over,” said Stephan
France’s famed Michelin Guide, a reference for fine dining for more than a century, is expanding into hotel and wine recommendations as it aims to become a global lifestyle brand. The offshoot of the French tire-making company has a loyal following among foodies, but faces a battle for attention wit
Asian e-commerce giant Shein’s (希音) decision to set up shop in a historic Parisian department store has ruffled feathers in the fashion capital. Anger has been boiling since Shein announced last week that it would open its first permanent physical store next month at BHV Marais, an iconic building t
SHIPPING SPAT: The additional Chinese port fees on US vessels could hurt the US less than the US port fees to be heaped on the legion of Chinese ships
Vessels owned or operated by US firms and individuals — or those built in the US or that fly the US flag — are to be charged additional port fees per voyage starting on Tuesday next week, the Chinese Ministry of Transport said.The fees are a countermeasure against upcoming US port fees on Chinese sh
Pegatron Corp (和碩), a key assembler of Apple Inc’s iPhones, on Thursday reported a 12.3 percent year-on-year decline in revenue for last quarter to NT$257.86 billion (US$8.44 billion), but it expects revenue to improve in the second half on traditional holiday demand.The fourth quarter is usually th
Gourmet Master Co (美食-KY), operator of the 85°C cafe chain (85度C) in Taiwan and overseas, is undertaking its largest restructuring in five years, announcing plans to close more than 40 unprofitable stores and overhaul its supply chain in China.The move, approved by the firm’s board on Thursday, unde
Intel Corp, the embattled chipmaker now backed by the US government, has introduced new products and manufacturing technology that are central to its turnaround bid.The company on Thursday announced that its Panther Lake processor designs are in full production and are to go on sale in laptops early
RSS