RAPID EXPANSION: TSMC plans capital expenditure of at least US$52 billion this year, up more than 27 percent from last year, company chairman and CEO C.C. Wei said
Taiwan Semiconductor Manufacturing Co (TSMC, 台積電) yesterday remained tight-lipped over a media report that the contract chipmaker plans to build an additional four advanced integrated circuit (IC) assembly plants in Taiwan.The world’s largest contract chipmaker declined to comment, saying that any i
CTi News reporter Lin Chen-you (林宸佑) was yesterday detained incommunicado by the Ciaotou Prosecutors’ Office for allegedly funneling money from China as bribes to lure active-duty and retired military personnel for military information.Along with Lin, five active and retired military personnel were
US President Donald Trump on Friday suggested that he might punish countries with tariffs if they do not back US control of Greenland, a message that came as a bipartisan US Congress delegation sought to lower tensions in the Danish capital.Trump for months has insisted that the US should control Gr
More than 3,000 people have died in Iran’s nationwide protests, rights activists said yesterday, while a “very slight rise” in Internet activity was reported in the country after an eight-day blackout.The US-based Human Rights Activists News Agency group said it had verified 3,090 deaths, including
FAVORABLE: The deal should help Taiwan’s non-tech sectors become more competitive, as they would be on equal footing with other major US trade partners
The US has agreed to lower tariffs on Taiwanese goods from 20 percent to 15 percent, without stacking them on existing most-favored-nation (MFN) rates, the Executive Yuan said yesterday, adding that Taiwan has also become the first country to secure the most-favorable treatment for its semiconductor
Taipei aims to become a close strategic partner of Washington in artificial intelligence (AI) after striking a deal to cut tariffs and boost investment in the US, Vice Premier Cheng Li-chiun (鄭麗君) said yesterday.The administration of US President Donald Trump has pushed Taiwan, a major producer of s
INSIGHTS: The approval showed supporting Taiwan was a bipartisan consensus and the funding for the Philippines highlights first island chain security concerns, experts said
The US House of Representatives on Wednesday passed a bill to provide Taiwan with US$300 million in Foreign Military Financing (FMF), and up to US$2 billion in loans and loan guarantees to bolster deterrence in the Taiwan Strait.The measures are part of the National Security, Department of State, an
Tokyo and Washington yesterday agreed to boost joint production of defense equipment, including missiles, and expand their military presence in waters southwest of Japan, as China ramps up pressure on its Asian neighbor.The agreement came after Japanese Minister of Defense Shinjiro Koizumi met US Se
A South Korean court yesterday sentenced former South Korean president Yoon Suk-yeol to five years in prison in the first verdict from eight criminal trials over the martial law debacle that forced him out of office and other allegations.Yoon was impeached, arrested and dismissed as president after
The US has agreed to lower tariffs on Taiwanese goods from 20 percent to 15 percent, without stacking them on existing most-favored-nation (MFN) rates, the Executive Yuan said in a statement today.The agreement, reached in trade negotiations that concluded yesterday in Washington, also grants semico
The US House of Representatives on Wednesday passed a bill to provide Taiwan with US$300 million in Foreign Military Financing (FMF) and up to US$2 billion in loans and loan guarantees to strengthen deterrence in the Taiwan Strait.The measures are part of the National Security, Department of State a
BACK AT IT: In the sixth round of in-person talks, Taipei aims to expand the ‘Taiwan model’ within US supply chains and seek a more favorable investment environment
Taiwan’s trade negotiation team, led by Vice Premier Cheng Li-chiun (鄭麗君) and chief trade negotiator Minister Without Portfolio Yang Jen-ni (楊珍妮), has departed for the US for a new round of in-person trade talks that officials say are in the final stages, the Cabinet said yesterday.The delegation le
OPEN TO DISCUSSIONS: The legislature needs to give the Cabinet a ‘legal opportunity’ to explain the budget, so it can clear up any concerns, an official said
More US arms sales to Taiwan are in the pipeline with four deals yet to be notified to the US Congress, Vice Minister of National Defense Hsu Szu-chien (徐斯儉) said yesterday, following the announcement of an US$11 billion package last month, the largest ever for the nation.The US is Taiwan’s most imp
Taiwan Semiconductor Manufacturing Co (TSMC, 台積電) yesterday said it plans to spend a record-high US$52 billion to US$56 billion in capital expenditure this year to expand advanced chip capacity to meet “insatiable” demand for artificial intelligence (AI) applications.The budget represents a surge of
Japan and the Philippines yesterday signed a defense pact that would allow the tax-free provision of ammunition, fuel, food and other necessities when their forces stage joint training to boost deterrence against China’s growing aggression in the region and to bolster their preparation for natural d
Canadian Prime Minister Mark Carney yesterday hailed his nation’s improving ties with China, as well as the leadership of Chinese President Xi Jinping (習近平), declaring that their nations were charting a new course in cooperation amid global division and disorder.The four-day visit to China was the f
FREEING UP RESOURCES: Assigning nurses to handle tasks that could be performed by trained caregivers is a waste of human resources, a hospital superintendent said
The government’s policy to recruit foreign workers to help people hospitalized for acute conditions with daily care needs would benefit medical staff and families, while helping hospitals to staff 30,000 beds, Minister of Health and Welfare Shih Chung-liang (石崇良) said yesterday.Speaking at a Ministr
More US arms sales to Taiwan are in the pipeline, with four deals pending notification to the US Congress, Deputy Minister of National Defense Hsu Szu-chien (徐斯儉) said today, following the announcement of a US$11 billion package last month, the largest ever for the nation.The US is Taiwan's most imp
Taiwan today signaled that a tariff deal with the US could come soon, after its negotiators left for the latest round of talks with Washington, saying both sides are expected to announce where they have reached a "consensus."Taiwan, a global semiconductor powerhouse, has been in talks with the US to
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