Taipei: Taiwan should reverse its traditional approach to industrial planning by locating AI and other power-intensive industries where electricity and grid capacity are already available, an energy executive said Wednesday. “In the past, electricity …
Taipei: Shares in Taiwan surged on Wednesday, with the Taiwan Stock Exchange’s benchmark index, the Taiex, climbing 663.16 points, or 1.47 percent, to close at 45,832.62. This rally was primarily driven by AI-related stocks, fueled by optimism that Nv…
Taipei: Taiwan shares ended up 663.16 points, or 1.47 percent, at 45,832.62 Wednesday on turnover of NT$804.25 billion (US$25.25 billion). According to Focus Taiwan, this increase came as the market experienced significant trading activity, leading to…
Taipei: Taiwan-based smartphone camera lens supplier Largan Precision Co. has announced its fourth land acquisition of the year, purchasing land and a building in Taichung for NT$3.08 billion (US$96.63 million) to enhance production capabilities.
Ac…
Taipei: Shares in Taiwan closed higher Tuesday as major semiconductor stocks recouped earlier losses on a rally in South Korea, while turnover remained moderate with many investors on the sidelines, awaiting new leads, dealers said. The Taiex, the Tai…
Taipei: Taiwan’s industrial production index hit a record high in July on strong demand for AI-related products, with the sub-index for the manufacturing sector also posting its highest level on record, according to data released by the Ministry of Ec…
