Global semiconductor stocks advanced yesterday, as comments by Nvidia Corp chief executive officer Jensen Huang (黃仁勳) at Davos, Switzerland, helped reinforce investor enthusiasm for artificial intelligence (AI).Samsung Electronics Co gained as much as 5 percent to an all-time high, helping drive Sou
Hon Hai Precision Industry Co (鴻海精密), the world’s largest electronics manufacturing service provider, yesterday unveiled plans to form a new bus manufacturing joint venture with Mitsubishi Fuso Truck and Bus Corp (MFTBC), with an aim to advance development of zero-emission buses in Japan.The new ven
EMPLOYMENT: Labor conditions remained stable last month, supported by steady economic activity and a pickup in hiring ahead of the Lunar New Year holiday
Taiwan’s labor market ended last year on a firm footing, with unemployment falling to its lowest level in more than two decades, underscoring steady employment conditions supported by a resilient domestic economy.The unemployment rate stood at 3.3 percent last month, while the full-year average came
Electronic components manufacturer Lite-On Technology Corp (光寶科技) has made a public tender offer to partially or fully acquire U-Media Communications Inc (宇智網通), which provides advanced 5G fixed wireless access (FWA) and connectivity solutions.Lite-On — whose products cover information technology an
Models introduce the “Mirai Human Washing Machine,” a bathing machine that gained attention at last year’s Osaka-Kansai Expo, during a media preview at a showroom operated by Takara Leben, a company involved in condominium development and sales, in Tokyo yesterday.
HSBC Bank Taiwan Ltd (匯豐台灣商銀) and the Taiwan High Prosecutors Office recently signed a memorandum of understanding (MOU) to enhance cooperation on the suspicious transaction analysis mechanism. This landmark agreement makes HSBC the first foreign bank in Taiwan to establish such a partnership with t
CATCHING UP: Although the company finished its first-phase production line in Texas, it still could not keep up with customer demand, with some asking for more
GlobalWafers Corp (環球晶圓), the world’s third-largest silicon wafer supplier, is preparing for new capacity expansion in the US as demand for artificial intelligence (AI) applications remains robust and customer requests for local supply increase.The company sees rising demand for silicon wafers this
GOOD BUSINESS: The company has secured at least two major customers for AI servers, and rising memory prices have not had a major impact yet
Inventec Corp (英業達) expects its artificial intelligence (AI) server business to continue showing double-digit percentage growth this year following a 40 percent increase last year, chairman Sam Yeh (葉力誠) said on Tuesday.As the company expands production capacity for AI servers, notebook computers an
Taiwanese business leaders remain broadly optimistic about economic prospects this year, but rising uncertainty over US trade policy, persistent talent shortages and uneven returns from artificial intelligence (AI) investment are reshaping corporate strategies, according to a CEO survey released yes
Citigroup Inc posted record client revenue in Taiwan last year, fueled by a surge in fundraising from technology companies despite intensifying competition from rival investment banks.The “eye-catching” performance of the bank’s investment banking division helped propel its Taiwan operations, while
Kinpo Group (金寶集團), which comprises Kinpo Electronics Inc (金寶電子), AcBel Polytech Inc (康舒科技) and Cal-Comp Electronics and Communications Co (泰金寶), yesterday said that its operations would return to stable growth this year on the back of strong demand for artificial intelligence (AI) applications and
Less than 15 percent of Taiwan Semiconductor Manufacturing Co’s (TSMC, 台積電) advanced manufacturing processes are expected to be relocated to the US by the end of US President Donald Trump’s second term in office, Chung-Hua Institution for Economic Research president Lien Hsien-ming (連 賢明) said yeste
Powerchip Semiconductor Manufacturing Corp (力積電) plans sale of global depositary receipts (GDRs) to raise working capital for its operations as the company looks to cash in on the overall recovery of the global semiconductor sector.The company said in a regulatory filing on Tuesday that it would sel
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As artificial intelligence (AI) threatens to upends job markets in countries around the world, Nvidia Corp chief executive officer Jensen Huang (黃仁勳) brushed off longer term concerns and made the case that skilled vocational workers are seeing increasing demand now.Plumbers, electricians and constru
The “Mitsui Ocean Fuji” cruise ship is docked at the Port of Anping in Tainan for the first time yesterday. The Tainan City Government yesterday organized a traditional cultural performance to celebrate the ship’s arrival and presented gifts to its 539 passengers.
‘PIVOTAL SHIFT’: High import tariffs had left Taiwanese companies struggling to compete with major rivals in the US, but the industry expects rapid growth this year
Taiwanese machine tool makers aim to grow exports by 5 to 10 percent this year, bolstered by strong demand for high-value-added equipment used in the semiconductor, aerospace and defense sectors, as well as a lower US tariff, the Taiwan Machine Tool and Accessory Builders’ Association (TMBA) said ye
REAL-ESTATE WOES: While the willingness to spend improved, housing sentiment remained weak, with the home-buying index falling to minus-42.2
Taiwanese consumer confidence improved modestly this month, supported by a stable economic outlook and rising optimism toward local equities, although concerns over inflation and a sluggish housing market continued to weigh on sentiment, a survey released yesterday by Cathay Financial Holding Co (國泰
Export orders last month expanded 43.8 percent year-on-year to US$76.2 billion, the 11th straight month of double-digit percentage growth and the highest for a single month, the Ministry of Economic Affairs said yesterday.The figure was a 4.4 percent increase from the previous month, exceeding the m
Electric machinery supplier Fortune Electric Co’s (華城電機) shares yesterday surpassed NT$1,000 to reach a new closing high this year, after the company on Monday reported that it made a net profit of NT$760 million (US$24.04 million) last month, up 18 percent year-on-year.That translated into earnings
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