The agenda of the one hour and 40 minutes meeting between U.S. President Donald Trump and Chinese President Xi Jinping appears not to have touched on some perennial problems such as tensions over the self-governed island of Taiwan.But Trump said China had agreed to buy large quantities of American f
Advanced Semiconductor Engineering Technology Holding Co (ASE, 日月光投控), the world’s biggest chip assembly and testing service provider, yesterday said consolidated revenue this year would grow more than 20 percent annually, attributing strong customer demand from artificial intelligence(AI)-related a
HOPES DASHED: Attempts to turn around the chipmaker’s losing streak were hampered by exhange rates, low factory usage, excessive inventory
The stock price of Macronix International Co (旺宏) yesterday took a nosedive after the memory chipmaker reported its ninth consecutive quarter of losses, dashing the company’s hopes of a turnaround amid a robust recovery in the memorychip industry.The stock price tumbled by 10 percent, the daily limi
Power supply and electronic components maker Delta Electronics Co (台達電) yesterday said it is optimistic about its revenue outlook this quarter, as major US hyperscalers continue to increase capital expenditure in artificial intelligence (AI) data centers, boosting demand for the company’s power supp
The central bank yesterday cautioned that privately issued stablecoins could divert deposits from commercial banks and weaken monetary policy, even as it acknowledged the tokens’ potential role in broader payment and financial innovation.However, digital tokens are not expected to be widely used for
A policy divide within the US central bank and a lack of federal government data might put another interest rate cut out of reach this year, US Federal Reserve Chair Jerome Powell said on Wednesday, as he acknowledged the threats that officials see to the job market, but also the risky nature of mak
An Egyptian vendor sells souvenirs at the Giza Plateau, home to the Great Pyramids of Giza and the Sphinx, in Giza, Egypt yesterday, before the opening ceremony of the Grand Egyptian Museum tomorrow.
GROWTH FORECAST: Despite global economic uncertainty and geopolitical risks, the company expects next year to be another year of growth on 22-nanometer demand
Contract chipmaker United Microelectronics Corp (UMC, 聯電) yesterday reported a sequential growth of 68 percent in net profit for last quarter and said its wafer shipments this year would grow 13 percent year-on-year.UMC said net profit last quarter surged about 68 percent to NT$14.98 billion (US$489
SUSTAINED MOMENTUM: The company expects AI demand to persist and aims for AI-related business to account for more than 20 percent of total revenue this year
Lite-On Technology Corp (光寶科技) expects fourth-quarter revenue to grow sequentially and annually on higher shipments of advanced artificial intelligence (AI) power supply products, company president Anson Chiu (邱森彬) said yesterday.The electronic components maker expects the growth momentum to persist
Taiwan’s housing market cooled sharply this year, with property transfers in the first nine months plunging 28.1 percent to 194,976 units — the lowest level for the period since 2017, data released yesterday by the Ministry of the Interior showed.The volume ranks as the third-lowest on record, with
Hon Hai Precision Industry Co (鴻海精密) yesterday said it is partnering with Nvidia Corp, Stellantis NV and Uber Technologies Inc to jointly develop self-driving vehicles and deploy a global robotaxi service.Hon Hai, also known as Foxconn Technology Group (富士康科技集團), in a statement said that the allianc
Nvidia Corp chief executive officer Jensen Huang (黃仁勳) on Tuesday announced a flurry of new partnerships and dismissed concerns about an artificial intelligence (AI) bubble, saying the company’s latest chips are on track to generate half a trillion US dollars in revenue.The Blackwell processor, Nvid
Taiwan Semiconductor Manufacturing Co (TSMC, 台積電) has secured three construction permits for its plan to build a state-of-the-art A14 wafer fab in Taichung, and is likely to start construction soon, the Central Taiwan Science Park Bureau said yesterday.Speaking with CNA, Wang Chun-chieh (王俊傑), deput
Wistron Corp (緯創) yesterday said it is scheduled to inaugurate artificial intelligence (AI) supercomputing facilities in Texas in the first half of next year as part of the company’s efforts to accelerate its US operations with physical AI strategies.The contract electronics maker in a statement sai
A woman walks in a traditional market in Kaohsiung yesterday. Most stalls selling freshly slaughtered pork in local traditional markets have temporarily closed, after the government imposed a 15-day ban on transporting and slaughtering pigs to ensure tight control of the spread of the African swine
YEAR-END BOOST: The holiday shopping season in the US and Europe, combined with rising demand for AI applications, is expected to drive exports to a new high, the NDC said
Taiwan’s business climate monitor improved last month, transitioning from steady growth for the first time in five months, as robust global demand for artificial intelligence (AI) products and new iPhone shipments boosted exports and corporate sales, the National Development Council (NDC) said yeste
BREAKTHROUGH TECH: Powertech expects its fan-out PLP system to become mainstream, saying it can offer three-times greater production throughput
Chip packaging service provider Powertech Technology Inc (力成科技) plans to more than double its capital expenditures next year to more than NT$40 billion (US$1.31 billion) as demand for its new panel-level packaging (PLP) technology, primarily used in chips for artificial intelligence (AI) application
The DBS Foundation yesterday announced the launch of two flagship programs, “Silver Motion” and “Happier Caregiver, Healthier Seniors,” in partnership with CCILU Ltd, Hondao Senior Citizens’ Welfare Foundation and the Garden of Hope Foundation to help Taiwan face the challenges of a rapidly aging po
Pegatron Corp yesterday said it plans to invest NT$700 million (US$22.86 million) over the next three years in its new research and development (R&D) base in Kaohsiung’s Asia New Bay Area (亞洲新灣區), which officially opened yesterday.The base would comprise four major facilities: the Southern Research
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