April 29, 2025

Suppliers to Follow TSMC’s U.S. Plans but May Be Years Away: MOEA Head

Taipei: Taiwanese suppliers to Taiwan Semiconductor Manufacturing Co. (TSMC) are expected to follow the contract chipmaker’s step to invest in the United States, but their relocation may be seven to eight years away, Economics Minister Kuo Jyh-huei said Tuesday. According to Focus Taiwan, when asked by opposition Kuomintang (KMT) lawmaker

Former Grand Justice Appointed as Taiwan’s Representative to WTO

Taipei: Hwang Jau-yuan, a former justice on Taiwan’s Constitutional Court, has been appointed as Taiwan’s representative to the World Trade Organization (WTO), the Presidential Office announced on Tuesday. This appointment was made through a presidential order, marking a significant transition in Taiwan’s representation in the only major international organization where

Taiwan Approves Major Semiconductor Investments by ASML and Sumitomo

Taipei: Taiwan’s Ministry of Economic Affairs (MOEA) has approved six significant investment cases, including a capital injection of NT$2.62 billion (US$81.1 million) by Dutch firm ASML and a NT$2.27 billion investment increase by Japan’s Sumitomo Corp., both focused on semiconductor-related manufacturing. According to Focus Taiwan, these investments are part of

Taiwan’s Indigenous Defense Submarine Faces Sea Trial Testing Delay

Taipei: Taiwan’s first domestically built submarine is almost certain to miss the date that sea trials were scheduled to begin, with only one day remaining until the deadline. According to the timeline set by the Ministry of National Defense (MND), sea trials for the Narwhal, Taiwan’s Indigenous Defense Submarine (IDS)

Taiwan Shares Open Lower

Taipei: The Taiwan Stock Exchange’s main index began the day with a decrease, opening down 102.91 points at 33,009.68. The initial turnover registered was NT$8.45 billion (US$262.40 million).

According to Focus Taiwan, the drop in the index reflects…