Taipei: Shares in Taiwan experienced significant pressure on Tuesday, with the Taiex index dipping below the 44,000-point mark before a late-session rally helped minimize the day’s losses. The Taiwan Stock Exchange’s benchmark index closed down 642.57…
Taipei: United Microelectronics Corp. (UMC), the second largest contract chipmaker in Taiwan, announced on Tuesday that it has commenced mass production of silicon photonics wafers at its 12-inch wafer fab located in Singapore. In a significant develo…
Taipei: Taiwan’s approved outbound investment rose nearly 58 percent over the past five years as companies accelerated efforts to diversify production and supply chains beyond China, with the United States and Southeast Asia emerging as the top manufa…
Taipei: Conglomerate Formosa Plastics Group (FPG) has decided to raise wages for its employees by 4.5 percent this year, exceeding the 3.66 percent raise requested by the group’s worker union.
According to Focus Taiwan, the decision came after a mee…
Taipei: Opposition lawmakers on Tuesday expedited two critical proposals to hold referendums concerning the abolition of the government’s nuclear-free policy and the legalization of medical euthanasia. These referendums are slated to coincide with the…
Taipei: Taiwan’s Mainland Affairs Council (MAC) has issued a warning concerning a heavily subsidized eight-day trip to Xinjiang, China, targeting young Taiwanese teachers. The Council fears that the program could subject participants to Beijing’s “uni…
