The nation’s foreign exchange reserves climbed back above US$600 billion at the end of last month, as investment gains, currency valuation effects and renewed foreign inflows offset volatility seen earlier in the month, the central bank said yesterday.Reserves stood at US$602.49 billion, up US$5.6 b
Industrial computer maker Advantech Co (研華) yesterday said it has strong order momentum from major clients in fields such as semiconductor equipment, automation, robotics, smart city and transportation infrastructure projects, with solid design wins.The company secured 53 design wins in the first qu
TOP PICK: The company believes DSP-based pluggable optical transceivers would remain the main solution for AI data centers given its operating flexibility and costs
Network and communications chips supplier Airoha Technology Corp (達發科技) on Tuesday said revenue from chips used in high-speed optical transceivers for data centers would triple this year, driven by global artificial intelligence (AI) infrastructure buildout.Airoha has strong confidence in digital si
Advanced Micro Devices Inc (AMD), the leading challenger to Nvidia Corp in artificial intelligence (AI) computing chips, gave a surprisingly robust sales forecast, showing that it is cashing in on a flood of data center spending.Second-quarter revenue would be US$11.2 billion, plus or minus US$300 m
Super Micro Computer Inc on Tuesday reported improved margins and gave a profit forecast that suggested it is controlling the costs of getting powerful artificial intelligence (AI) servers into customers’ hands.Earnings, excluding some items, would be US$0.65 to US$0.79 a share in the period ending
People stand behind an information counter at the Taiwan Pavilion during the AI Expo Korea at COEX Hall A in Seoul yesterday. The pavilion features 16 Taiwanese companies showcasing their artificial intelligence solutions and innovations. The event opened yesterday and runs until tomorrow.
Marking its fifth year, KGI Financial Holding Co has teamed up once again with the China Development Foundation for the KGI Walker Challenge. The 15-day initiative mobilized approximately 4,500 employees globally, empowering them to transform personal wellness into tangible climate action.The initia
BUSINESS GROWING: The company said it would produce interposers used on 30-nanometer and 40-nanometer technologies at the fab, which would open next year
Foundry service provider Vanguard International Semiconductor Corp (世界先進) yesterday said it is adjusting its product portfolio for its new 12-inch fab in Singapore to meet a customer’s demand for interposers used in advanced packaging technology for artificial intelligence (AI) chips. Vanguard said
A Liberian-flagged supertanker carrying 2 million barrels of crude oil is to dock at Mailiao Port today, giving Formosa Petrochemical Corp’s (台塑石化) underused refineries a timely boost, a company executive said yesterday. Formosa Petrochemical president Lin Keh-yen (林克彥) said that the vessel, the FPM
UNCERTAINTY: The subdued performance is notable, as March and April are usually peak months for housing transactions, suggesting unusually low demand
Taiwan’s property market weakened last month, with transaction volumes across the six major municipalities falling to their lowest level for the same month in years, as geopolitical tensions and a strong rally in local equities damped buying momentum. Data compiled by local land administration offic
Taiwan Power Co (Taipower, 台電) yesterday said it would strive to meet electricity demand amid speculation that Taiwan Semiconductor Manufacturing Co (TSMC, 台積電) might build “Angstrom-era” facilities at the Longtan (龍潭) campus of the Hsinchu Science Park (新竹科學園區). Taipower would make every effort to
GlobalWafers Inc (環球晶圓), the world’s third-largest silicon wafer supplier, yesterday said that it would discuss raising wafer prices from the second half of this year with customers, as geopolitical tensions are boosting raw material, energy and logistics costs.“The price has to be reasonable and pr
Apple Inc has held exploratory discussions about using Intel Corp and Samsung Electronics Co to produce the main processors for its devices, a move that would offer a secondary option beyond longtime partner Taiwan Semiconductor Manufacturing Co (TSMC, 台積電).The iPhone and iPad maker has had early-st
Taliban security personnel destroy a poppy plantation in Badakhshan, Afghanistan, on Monday. The plant is used to make opium.
FRONT-LOADING: War-driven uncertainty and the volatile energy market have seen manufacturers work to stockpile raw materials as a hedge against the future
Taiwan’s manufacturing sector expanded at its fastest pace in more than three years last month, as Middle East tensions pushed up raw material costs and prompted firms to accelerate orders, while sustained demand for artificial intelligence (AI) and semiconductors continued to underpin production, t
Chip testing service provider Ardentec Corp (欣銓) yesterday said revenue is expected to grow by a mid-single-digit percentage this quarter, following stronger-than-seasonal growth last quarter, benefiting from rising demand for testing services for artificial intelligence (AI) and smartphone chips. R
The Fair Trade Commission’s (FTC) ongoing review of Grab Holdings Ltd’s US$600 million acquisition of Foodpanda Taiwan’s operations, announced on March 23, has taken on fresh urgency as industry experts warn that the transaction could embed significant Chinese cybersecurity vulnerabilities into Taiw
INTERNAL TOOLS: China’s commerce ministry ordered companies not to comply with US sanctions on five refineries blacklisted for purchasing Iranian crude oil
China has, for the first time, invoked a law targeting companies that comply with foreign sanctions it rejects, escalating a pushback against the US blacklisting of oil refineries over purchases of Iranian crude.On Saturday, the Chinese Ministry of Commerce ordered companies not to comply with US sa
Two second-generation satellites developed by Hon Hai Precision Industry Co (鴻海精密) were launched on Sunday from Vandenberg Space Force Base in California, the company said yesterday.The low earth orbit satellites PEARL-1A and PEARL-2B, which have entered their intended orbits, are primarily designed
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