Taipei: Taiwan-based manufacturing giant Hon Hai Precision Industry Co. (Foxconn) has invested an additional US$136 million in Mexico through its Singapore subsidiary, which sources said is likely aimed at boosting AI server production there. In a sta…
Taipei: The Taiwan Stock Exchange’s main index experienced a significant increase at the opening on Tuesday, rising by 340.39 points to reach 33,062.89. This upward movement was observed amid a turnover of NT$9.516 billion, equivalent to US$294.887 mi…
Taipei: Taiwan’s overall industrial output and manufacturing activity both hit record highs in February, driven by a strong global demand for artificial intelligence (AI) applications, a Ministry of Economic Affairs (MOEA) official said Tuesday. Taiwa…
Taipei: The number of people holding shares of contract chipmaker Taiwan Semiconductor Manufacturing Co. (TSMC) hit a new high this week despite a decline in its stock price, according to the Taiwan Depository and Clearing Corp. (TDCC).
According to…
Taichung: Taiwan will have a stable supply of power through 2032 without nuclear energy, President Lai Ching-te said Saturday, but he signaled he was open to restarting two decommissioned nuclear plants to meet an expected increase in power demand dri…
Taipei: Taiwan’s central bank has issued a cautionary statement regarding the ongoing war in the Middle East, highlighting it as a significant risk to the local economy. Despite this, the bank is maintaining a positive outlook on growth driven by adva…
