US President Joe Biden’s administration is poised to open up a new front in its effort to safeguard US artificial intelligence (AI) from China and Russia with preliminary plans to place guardrails around the most advanced AI models, the core software of AI systems like ChatGPT, sources said.The US D
BETTER THAN EXPECTED: The company’s quarterly earnings set an all-time high and beat analysts’ expectations of NT$3.52 billion, a report showed
Wiwynn Corp (緯穎), a developer and manufacturer of artificial intelligence (AI) servers, yesterday saw its stock price rally to the highest level in a month after last month reporting its fastest annual revenue growth in more than a year.Its share price surged by 2.3 percent and closed at NT$2,450 ye
HSBC Taiwan yesterday (9th) announced a donation of US$300,000 to the Mennonite Social Welfare Foundation and World Vision Taiwan, aiming to support the mid-to-long-term recovery plans in the Hualien area of Taiwan recently affected by severe earthquakes and aftershocks by working with these two org
Huawei Technologies Co’s (華為) latest high-end smartphone features more Chinese suppliers, including a new flash memory chip and an improved chip processor, a teardown analysis showed, pointing to the progress China is making toward technology self-sufficiency.The inside of Huawei’s Pura 70 Pro was e
Tesla Inc’s job cuts are escalating in China, sources familiar with the matter said, as Elon Musk contends with growing pressure to win back share in the world’s biggest auto market.Additional layoffs began earlier this week, extending cuts from last month, as part of the electric vehicle (EV) maker
Taiwan’s GDP would expand 3.2 percent this year, from 1.3 percent last year, Fitch Ratings said yesterday, posing a stable operating environment and business outlook for domestic banks.“We expect the operation environment to be stable this year, supported by a recovery in external demand despite wea
A member of staff polishes an electric vehicle at a showroom at the headquarters of Nissan Motor Co Ltd in Yokohama, Japan, yesterday. Nissan Motor yesterday released its financial results for the full year ended March, reporting an operating profit of ¥568.7 billion (US$3.65 billion), representing
UNEVEN RECOVERY: Outbound shipments of ICT products spiked 114.6% last month, but exports of electronic components, led by semiconductors, fell 17.7%
Exports last month grew a tepid 4.3 percent year-on-year to US$37.48 billion, as shipments linked to artificial intelligence (AI) remained the lone bright spot, while all other product categories weakened amid a slow season, the Ministry of Finance said yesterday.The figure suggested an uneven recov
LICENSE REVOKED: The move is key to preventing China from developing advanced artificial intelligence, US House Foreign Affairs Committee Chair Michael McCaul said
The US has revoked licenses allowing Huawei Technologies Co (華為) to buy semiconductors from Qualcomm Inc and Intel Corp, people familiar with the matter said, further tightening export restrictions against the Chinese telecom equipment maker.Withdrawal of the licenses affects US sales of chips for u
Taiwan should extend the retirement age to keep talent in the tech industry to help train younger people as well as offer more incentives to attract foreign workers, AI on Chip Taiwan Alliance chairman Nicky Lu (盧超群) said in Taipei on Tuesday.Speaking at the launch of the office of the Chip-based In
Novatek Microelectronics Corp (聯詠), which specializes in driver ICs for displays, forecast that revenue would either be flat or increase by up to 4.4 percent sequentially to between NT$24.4 billion and NT$25.5 billion (US$752 million and US$786 million) this quarter, mainly due to restocking demand
With 31 big Taiwanese companies joining the RE100 initiative, the demand for non-nuclear renewable energy is rapidly increasing, Minister of Economic Affairs Wang Mei-hua (王美花) said at a virtual forum on Tuesday.RE100 is a global initiative where businesses commit to use 100 percent renewable energy
US chip production is poised to explode in coming years, helping ease a risky dependency on East Asia, according to a projection by the Semiconductor Industry Association (SIA).Semiconductor manufacturing capacity in the country will triple by 2032, an SIA-commissioned study by the Boston Consulting
Nvidia Corp’s first artificial intelligence (AI) research and development center in Asia, which is being built in Taiwan, is 40 percent complete, Department of Industrial Technology (DOIT) Director-General Chiou Chyou-huey (邱求慧) said.The five-year project, which was started last year, seeks to hire
Citi Taiwan and Citibanamex, jointly organized a “Mexico Day”client forum in Taipei to demonstrate Citi’s strong support for clients existing and potential investments in Mexico and foster the further development of the Taiwan-Mexico trade corridor. “Mexico is now the largest trading partner for the
Dutch artist Rajacenna van Dam, paints 10 paintings with both hands and feet at a museum in Vlaardingen, Netherlands, on Friday last week.
The consumer price index (CPI) last month eased to 1.95 percent, below the central bank’s 2 percent target, as food and entertainment cost increases decelerated, helped by stable egg prices, the Directorate-General of Budget, Accounting and Statistics (DGBAS) said yesterday.The slowdown bucked predi
GROWING MARKET: The announcement was the US company’s latest move to build cloud infrastructure in the region, after investments in Thailand and Malaysia
Amazon.com Inc plans to spend S$12 billion (US$8.86 billion) over the next four years to expand its cloud computing infrastructure in Singapore, Amazon Web Services (AWS) said yesterday.The investment adds to the S$11.5 billion the company has already invested in the Asia-Pacific region until last y
GlobalWafers Co (環球晶圓), the world’s No. 3 silicon wafer supplier, yesterday said that revenue would rise moderately in the second half of this year, driven primarily by robust demand for advanced wafers used in high-bandwidth memory (HBM) chips, a key component of artificial intelligence (AI) techno
The Tainan City Government has approved Tong Yang Industry Co’s (東陽實業) application to purchase a plot at Qigu Technology Industrial Park (七股科技工業區), the automotive metal sheet and bumper maker said yesterday.The company plans to acquire the 15,105.16 ping (49,934.49m2) plot for NT$997.07 million (US$