November 2, 2022

Taiwan shares end up 0.48%

Taiwan shares closed up 62.96 points, or 0.48 percent, at 13,100.17 Wednesday on turnover of NT$154.28 billion (US$4.80 billion).     Source: Focus Taiwan News Channel

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CORONAVIRUS/Taiwan reports 33,184 new COVID-19 cases, 53 deaths

Taiwan’s Central Epidemic Command Center (CECC) reported 33,184 new COVID-19 infections on Wednesday, all but 68 of which were domestically transmitted, and 53 deaths from the disease.   The deceased ranged in age from their 30s to their 90s. All but three had underlying health issues, and 28 had not

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Taiwan IC sector’s output set to grow 15.6% year-on-year in 2022: ITRI

The production value of Taiwan’s semiconductor industry is expected to hit NT$4.7 trillion (US$148.7 billion) this year, up 15.6 percent from the previous year, an Industrial Technology Research Institute (ITRI) expert said Wednesday. Terry Fan (范哲豪), a manager at the institution’s Science and Technology International Strategy Center, said during an

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Far EasTone, Intel Taiwan ink deal to jointly research 5G projects

Far EasTone Telecommunications Co. announced the signing of an agreement with Intel Taiwan Wednesday to jointly research 5G open virtualized radio access networks (ORAN), computer vision, and private cellular networks. In a statement, Far EasTone said the two companies would pool their 5G know-how to boost network capacity and offer

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Taiwan shares end up but turnover thin ahead of Fed announcement

Shares in Taiwan moved higher Wednesday despite turnover remaining thin ahead of the conclusion of a United States Federal Reserve policymaking meeting later in the day. The bellwether electronics sector continued to drive gains on the broader market after recouping earlier losses, as uncertainty over the Fed’s decision weakened old

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