Business

Washington’s 40% Taiwan Chip Reshoring Claim Unrealistic: Expert

Washington: Washington’s goal of shifting 40 percent of Taiwan’s semiconductor supply chain to the United States within President Donald Trump’s term is “not physically possible,” a U.S. expert said on Friday.

According to Focus Taiwan, tech industry…

Taiwan Shares Close Up 1.94% on Increased Turnover

Taipei: Taiwan shares ended up 598.12 points, or 1.94 percent, at 31,408.70 Friday on turnover of NT$823.36 billion (US$26.08 billion).

According to Focus Taiwan, the market showed significant activity with a substantial increase in turnover compare…

Magnitude 4.6 Earthquake Jolts Northeastern Taiwan

Taipei: A magnitude 4.6 earthquake struck off the coast of northeastern Taiwan at 11:09 a.m. Friday, according to the Central Weather Administration (CWA). The epicenter of the temblor was located at sea, about 36.5 kilometers south southeast of Yilan…

U.S. Lowers Tariff on Taiwanese Goods to 15% in Trade Deal

Washington: The United States has agreed to lower tariffs on Taiwanese goods from 20 percent to 15 percent, following the conclusion of trade negotiations with Taiwan, according to Taiwan’s Executive Yuan on Friday (Taiwan time). The tariff reduction …