Business

Taiwan Shares Close Up 0.38% Amid Active Trading

Taipei: Taiwan shares ended up 120.70 points, or 0.38 percent, at 31,759.99 Tuesday on turnover of NT$777.11 billion (US$24.55 billion).

According to Focus Taiwan, the local market experienced a day of gains, with investors actively trading, leading …

TSMC Remains Silent on Plans for Four New IC Assembly Plants

Taipei: Taiwan Semiconductor Manufacturing Co. (TSMC) on Saturday remained tight-lipped over a media report indicating the contract chipmaker plans to build an additional four advanced IC assembly plants in Taiwan. The world’s largest contract chipmak…

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…

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 …