Taiwan’s exports recorded their highest increase in more than a year, but still fell short of market expectations, tempering enthusiasm for a quick rebound in global demand for the trade-dependent economy.Overseas shipments expanded 3.8 percent last month from a year ago, a statement from the Minist
HIGH UTILIZATION: The chipmaker expects strong demand for its 3 and 5-nanometer processes in artificial intelligence chips, and IDC expects higher utilization rates next year
Taiwan Semiconductor Manufacturing Co (TSMC, 台積電) yesterday posted its second-highest monthly revenue totaling NT$206.03 billion (US$6.57 billion) for last month on constant robust demand for its 3-nanometer chips used in iPhones, boding well as a sign that the chipmaker would hit its quarterly reve
The 28th United Nations Climate Change Conference of the Parties (COP28) is currently taking place in Dubai, United Arab Emirates. The conference focuses on issues such as the global stocktake (GST), mechanism for loss and damage, whether countries are proposing more ambitious Nationally Determined
Merck Group expects the US’ semiconductor export restrictions on China to have a “low” impact on the company’s electronics business, given China’s minimal exposure to the global cutting-edge semiconductor material market, a company executive said yesterday.In China, a mere 5 percent of its total sem
A rebounding manufacturing sector brought the number of workers on formal unpaid leave programs in Taiwan below 10,000 as of Thursday, the Ministry of Labor said yesterday.Data compiled by the ministry showed the number of workers on unpaid leave programs dropped from 10,348 to 9,146 between the 30t
Alishan Centennial Railway trains are pictured in an undated photograph. The train service is to accept group tourists’ bookings for a Jan. 1 tour starting on Monday. Ticket bookings are to open to individual tourists on Friday.
CENTRALIZED CURRENCY: The deputy governor said the monetary policymaker would garner input while considering its stance on a central bank digital currency
The central bank has completed a wholesale feasibility and technology study of a central bank digital currency (CBDC) and is gathering feedback and refining a platform design, Deputy Governor Chu Mei-lie (朱美麗) said yesterday.Chu shared her views on the evolution and future of CBDCs in a keynote spee
TAPPING TAIWAN? TSMC is committed to hiring locally, but circumstances might require the firm to bring in foreign workers with specialized experience, they said
Arizona labor unions and Taiwan Semiconductor Manufacturing Co (TSMC, 台積電) have reached an agreement to resolve labor disputes that have dogged the chipmaker’s construction site in Phoenix, Arizona, they said in a joint statement.The new accord is the result of months of negotiations between the wor
Google on Wednesday infused its Bard chatbot with a new-generation artificial intelligence (AI) model called Gemini, which it touts as being able to “reason” better than ChatGPT and other rivals.“This is incredible momentum, and yet, we’re only beginning to scratch the surface of what’s possible,” G
China’s exports rose last month, the first increase since April, while imports fell, customs data released yesterday showed.Exports rose 0.5 percent from a year earlier to US$291.9 billion, a sign that demand might be picking up after months of decline.However, imports fell 0.6 percent to US$223.5 b
Advanced Micro Devices Inc (AMD), taking aim at a burgeoning market dominated by Nvidia Corp, on Wednesday unveiled new accelerator chips that it said would be able to run artificial intelligence (AI) software faster than rival products.The company introduced a long-anticipated lineup called the MI3
This year, Citibank Taiwan Limited (Citi Taiwan) picked up two prestigious regional awards in recognition of its strong, market-leading franchise in Taiwan and the support it has extended corporate clients during the award consideration period. Citi Taiwan was awarded ‘Best Investment Bank’ by Asiam
People line up outside a Don Don Donki outlet in Kaohsiung’s Cianjin District on its opening day yesterday. The new outlet operated by Japanese retailer Don Quijote Holdings Co is the largest Don Don Donki store in Taiwan and the first in Kaohsiung. It is on the ground floor of the Talee Department
‘AS FAR AS WE CAN’: Trade negotiator John Deng said that one goal is to expand the coverage of the trade agreement to include topics such as agriculture and labor
Taiwan’s top trade negotiator on Friday signaled a desire to expand Taipei’s initial agreement with Washington into one that more closely resembles a free-trade deal.Taiwanese trade officials are talking with their US counterparts about broadening the scope of an arrangement reached earlier this yea
A new list of core technologies, including semiconductor process technologies, that are subject to tighter controls is not likely to affect Taiwanese vendors, Minister of Economic Affairs Wang Mei-hua (王美花) said yesterday.Speaking to reporters on the sidelines of a ceremony where an agreement was si
CviLux Corp (瀚荃), which makes connectors and wiring harnesses for servers and computers, yesterday said it is accelerating capacity expansion in Southeast Asia, following in the step of key customers exiting China amid its trade dispute with the US.Based in New Taipei City’s Tamsui District (淡水), Cv
Huawei Technologies Co (華為) is among a field of “very formidable” competitors to Nvidia Corp in the race to produce the best artificial intelligence (AI) chips, Nvidia chief executive officer Jensen Huang (黃仁勳) said yesterday.Huawei, Intel Corp and an expanding group of semiconductor start-ups pose
CENTRAL BANK: The DGBAS said that almost all board directors voiced discomfort over lingering inflation and said monetary tightening should restart if needed
The consumer price index (CPI) last month grew 2.9 percent from a year earlier, with bad weather driving up food costs, the Directorate-General of Budget, Accounting and Statistics (DGBAS) said yesterday.Although the latest headline CPI data remained above the central bank’s 2 percent alert level, i
Starlux Airlines Co chief strategy officer Simon Liu, second left, Kai Ho, center, a chef at Tairroir, a three-star Michelin restaurant, and others introduce the airline’s new first-class meals at a news conference in the Starlux Airlines Flight Operations Center in Taoyuan yesterday. Starlux will s
SOLID FOUNDATION: Given its decades of expertise in megatronics, manufacturing and robotics, Japan has the wherewithal to create its own AI, Jensen Huang said
Nvidia Corp plans to help build an artificial intelligence (AI) tech-related ecosystem in Japan to meet demand in a country eager to gain an edge in this emerging technology.The US company will seek to partner with Japanese research organizations, companies and start-ups to build factories for AI, N