Industry

Taiwan’s Hon Hai to mass produce automobile chips in 2024

Taiwan-based manufacturing giant Hon Hai Precision Industry Co. is planning to launch commercial production of micro control units (MCUs) and power management chips used for auto production in 2024.In an investors conference held at the Taiwan Stock Ex…

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Taiwan shares close up 0.79%

Taiwan shares closed up 113.84 points, or 0.79 percent, at 14,438.52 Thursday on turnover of NT$208.99 billion (US$6.99 billion).Source: Focus Taiwan News Channel

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TSMC remains top corporation tax contributor

Taiwan Semiconductor Manufacturing Co. (TSMC), the world’s largest contract chipmaker, paid NT$55 billion (US$1.84 billion) in corporation tax in 2021, retaining its title as Taiwan’s biggest contributor, according to figures compiled by the Ministry o…

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Taiwan shares close down 0.86%

Taiwan shares closed down 124.00 points, or 0.86 percent, at 14,340.53 Monday on turnover of NT$172.91 billion (US$5.79 billion).Source: Focus Taiwan News Channel

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