Quanta Computer Inc (廣達) yesterday said artificial intelligence (AI) server revenue this quarter would continue to grow by a double-digit percentage sequentially, after server revenue last quarter increased by 30 percent quarter-on-quarter and accounted for 75 percent of total server revenue.Servers
EVA Airways Corp (長榮航空) on Wednesday reported its highest-ever net profit for the first quarter, citing strong demand during the Lunar New Year holiday and the winter vacation period.The company in a statement said it posted NT$8.27 billion (US$262.46 million) in net profit during the January-to-Mar
The US has cleared about 10 Chinese firms to buy Nvidia Corp’s second-most powerful artificial intelligence (AI) chip, the H200, but not a single delivery has been made so far, three people familiar with the matter said, leaving a major technology deal in limbo as chief executive officer Jensen Huan
LITTLE APPETITE: Weak demand and rising unsold inventory has caused developers to step back from large-scale projects with amplified risk, an expert said
Taiwan’s cooling housing market is diverging sharply from the buoyant stock market, as tighter mortgage restrictions and government measures aimed at curbing speculation weigh on buyer confidence and prompt developers to scale back new projects in the greater Taipei area, My Housing Monthly (住展雜誌) s
People shop for Namasia-grown peaches at a special sale in Kaohsiung yesterday. The sale, organized by a local village chief’s office, aims to pay for post-disaster reconstruction work in the city’s Namasia District, which suffered great damage by Typhoon Morakot in August 2009.
PORTFOLIO REBALANCING: The adjustments in three global equity indices reflect rising investor appetite for semiconductor and artificial intelligence-related stocks
Taiwan’s weighting in major global equity indices compiled by MSCI Inc is to rise modestly following the latest quarterly review, underscoring the market’s expanding role in emerging-market portfolios, as global investors continue to favor the nation’s technology sector.Taiwan’s weighting in the MSC
Industrial computer maker ADLINK Technology Inc (凌華科技) yesterday said it expects strong growth momentum to continue this quarter, following record-high sales last quarter, driven by robust demand in North America, front-loading orders from semiconductor and automation equipment clients, and robotics
In support of the government’s ambition to build Taiwan into a leading Asian asset management hub, Standard Chartered Bank continues to broaden its suite of diversified wealth management solutions for high-net-worth clients. On Wednesday last week, Standard Chartered announced the launch of its new
CHIP DESIGNER: The new customer is expected to begin contributing to sales in the second half, but AMD would continue to be its dominant customer
High-speed data transmission chip designer ASMedia Technology Inc (祥碩) said it has clinched a new deal for application-specific integrated circuits (ASICs) for computers and expects revenue contribution to start in the second half of this year.The company did not name the new customer, but said the
Hon Hai Precision Industry Co (鴻海精密) on Tuesday confirmed a cyberattack targeting some of its North American facilities, but said the affected factories were gradually returning to normal.The company, known globally as Foxconn Technology Group (富士康科技集團), said that its cybersecurity team “activated t
The Hsinchu County Government’s Labor Affairs Department yesterday said that it has received a plan from cosmetics brand Taiwan Shiseido Co (台灣資生堂) detailing mass layoffs at its plant in Hukou Township (湖口).While the labor authorities did not disclose the number of employees to be laid off, Japanese
Starlux Airlines Co (星宇航空) yesterday announced a plan to raise funds by issuing corporate bonds as it reported turning a profit in the first quarter of this year, after posting losses in the last two quarters of last year.Starlux reported a net profit of NT$910 million (US$28.88 million) in the firs
Lotus flowers in Tainan’s Baihe District are pictured yesterday. The annual lotus festival, scheduled to run from Saturday next week to July, is to feature a series of events. The 182-hectare lotus fields are near the Guandi Temple in Majhouhou Village.
President William Lai, right, and Democratic Progressive Party Legislator Puma Shen, the party’s candidate for Taipei mayor, meet at the party’s headquarters in Taipei yesterday.
Nvidia Corp co-founder Jensen Huang (黃仁勳) joined US President Donald Trump on his visit to China as a last-minute addition, thrusting artificial intelligence (AI) and technology into the spotlight before a high-stakes Beijing summit.Huang is among several US business leaders, including Apple Inc’s T
GOOD WITH THE BAD: The forecast looks rosy for the most part from AI to gaming sectors, but acute price turbulence for key components could pose a challenge
Asustek Computer Inc (華碩) yesterday said revenue this quarter is expected to remain strong, driven by robust growth in its artificial intelligence (AI) server business and a sequential rebound in PC sales.Revenue last quarter increased 2 percent quarter-on-quarter and surged 44 percent year-on-year
HUNGRY FOUNDRIES: Rising energy prices and costs for the iron ore and coking coal to feed the forges have caused the company to raise prices
China Steel Corp (CSC, 中鋼), Taiwan’s largest integrated steelmaker, yesterday announced it is raising domestic prices of all products next month, as the global steel market is recovering amid strong demand, higher raw material costs and tight supply.The move came after the US-Israeli war on Iran dro
The Ministry of Finance yesterday reported a strong year-on-year increase in tax revenue for last month, driven largely by a surge in securities transaction tax receipts amid a sharp rally in the local equity market.Total tax revenue for the month rose 23 percent year-on-year to NT$189.5 billion (US
Property broker and developer Sinyi Realty Inc (信義房屋) yesterday reported its strongest first-quarter results in years, buoyed by residential project handovers and improving brokerage operations.Net profit surged 76.6 percent from a year earlier to NT$163 million (US$5.18 million), while consolidated
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