BOOKED SOLID: The advanced packaging manufacturer has orders stretching out for years as the AI boom’s ravenous demand for material outstrips industry capacity
Scientech Corp (辛耘), which specializes in supplying advanced packaging equipment and reclaimed wafers, has clear order visibility through 2028, benefiting from explosive demand for chip manufacturing equipment used to produce artificial intelligence (AI) chips.Reclaimed wafers are primarily used for
The US Federal Reserve on Wednesday held interest rates steady at its first policy gathering this year, citing robust economic growth, as the central bank resists US President Donald Trump’s mounting pressure for cuts.Trump has sharply escalated his targeting of the Fed since returning to the White
Taiwan’s financial regulator is exploring tax incentives for family offices and expanding private banking services as part of its efforts to build up its wealth and asset management industry.The Financial Supervisory Commission (FSC) yesterday said it would look at potential tax incentives to enhanc
While the TAIEX has repeatedly hit record highs in recent sessions, two board directors at the central bank called on policymakers to pay heed to the effects of capital movements of foreign institutional investors (FINIs) on Taiwan’s financial and foreign exchange markets, the bank’s quarterly board
The world’s largest tech firms show no signs of easing up on artificial intelligence (AI) spending, a record wave that’s propelling hardware providers like Samsung Electronics Co and SK Hynix Inc. That is even as doubts persist about the staying power of AI demand to justify all that capital.Meta Pl
People photograph cherry blossoms yesterday on Lane 42, Pingjing Street in Taipei’s Shilin District, a popular place to view the flowering trees.
Microsoft Corp’s spending surged to a record high and cloud sales growth slowed, sending the shares down sharply amid investor concerns that it could take longer than expected for the company’s artificial intelligence (AI) investments to pay off.Capital expenditures for the fiscal second quarter end
Meta Platforms Inc topped projections for quarterly revenue and gave a strong forecast for the current period, boosted by a robust online advertising business that is making it possible for the company to invest in artificial intelligence (AI) at record levels this year.The social-media company on W
MARKET SHIFTS: China remained ASML’s biggest market at 36 percent of sales, but is expected to fall to 20 percent due to US-led restrictions on semiconductor sales
ASML Holding NV’s orders in the fourth quarter of last year far exceeded analysts’ expectations, as the rapid development of artificial intelligence (AI) infrastructure boosted demand for its cutting-edge chipmaking machines.Bookings in the quarter were a record 13.2 billion euros (US$15.8 billion),
‘STRUCTURAL ISSUES’: AI demand is ‘crowding out’ supply of less-advanced chips, but building new mature facilities is not justifiable, UMC copresident Jason Wang said
United Microelectronics Corp (UMC, 聯電), the world’s fourth-largest foundry service provider, yesterday said revenue this year would continue to outgrow its addressable market’s growth of a low-single-digit percentage annually, mainly driven by broader adoption of artificial intelligence (AI) applica
Three government incentive programs launched in 2019 to encourage Taiwanese and foreign firms to invest in Taiwan have attracted NT$2.62 trillion (US$83.65 billion) in combined pledged investment from 1,712 companies and created more than 164,500 jobs as of Friday last week, the Ministry of Economic
Taiwan plans to merge its four state-backed asset managers into a local fund giant with about US$12 billion of assets, as the government seeks consolidation in the country’s financial industry to boost its competitiveness.“We will move toward the goal of merging the four asset managers into one,” Mi
China Steel Corp (CSC, 中鋼), Taiwan’s largest integrated steelmaker, reported its first loss in 47 years, as a decline in sales volume of steel products led to lower operating revenue.Additionally, lower dividends from the company’s mining investments and higher finance costs also resulted in a decli
The Ministry of Economic Affairs (MOEA) has approved an application filed by artificial intelligence (AI) chip designer Nvidia Corp to remit NT$3.3 billion (US$105 million) into Taiwan for an investment in a new Taipei office,.The approval came just a day ahead of the scheduled arrival by Nvidia CEO
Approved German direct investment in Taiwan last year marked a 264 percent year-on-year increase to US$209 million, indicating German businesses see Taiwan as the most important strategic hub for technology development in the Asia Pacific, German Trade Office Taipei said yesterday.The total amount o
Taiwan Power Co (Taipower, 台電) posted a record profit last year, with a net profit of NT$72.9 billion (US$2.32 billion), the state-owned utility said on Tuesday.Last year’s profit surpassed the previous record of NT$61.7 billion set in 2015 and marked a reversal from a net loss of NT$41.1 billion in
.jpg)
South Korean chip giant SK Hynix Inc yesterday said its operating profit doubled last year to a record high after a surge in global demand for technology powering artificial intelligence (AI).SK Hynix and rival Samsung Electronics Co are among the world's leading producers of memory chips, supplying
People take pictures of an ancient Egyptian sarcophagus on display at the Chimei Museum in Tainan yesterday. A total of 280 pharaonic artifacts on loan from the British Museum are to be exhibited at the museum until Jan. 10 next year.
START-UPS: The number of angel investments is projected to rise to about 100 this year from about 40 a year ago, and total investment could jump to NT$2.2bn, an official said
Relaxations of the Industrial Innovation Statute (產業創新發展條例) are expected to boost private investment in start-ups to about NT$3 billion (US$95.33 million) this year, a sixfold increase, the Ministry of Economic Affairs said yesterday. In addition, new amendments to the statute are expected to boost
RSS