Industry

Taiwan Shares Close Down 0.73%

Taipei: Taiwan shares ended down 165.47 points, or 0.73 percent, at 22,547.50 Friday on turnover of NT$321.88 billion (US$11.16 billion).

According to Focus Taiwan, the decline in the stock market reflects the current economic conditions and investo…

TSMC to Withdraw GaN Semiconductor Business in 2 Years

Taipei: Taiwan Semiconductor Manufacturing Co. (TSMC) has announced plans to phase out its GaN semiconductor business over the next two years. Analysts attribute this decision to increasing competition from China, which has significantly impacted the …

Dissemination of Recall Polling Data Prohibited from July 16: CEC

Taipei: Starting July 16, 10 days before the first wave of recall votes on July 26, it will be illegal to publish or distribute recall polling data in Taiwan, the Central Election Commission (CEC) said Thursday. Recall votes for 24 Kuomintang (KMT) le…

Cabinet Approves New Incentives to Attract Investment in Taiwan

Taipei: Deputy Economics Minister Cynthia Kiang on Thursday pledged government support for overseas Taiwanese and foreign businesses investing in Taiwan, following Cabinet approval of a slate of incentives that includes loans and subsidies. “Any compa…

Taiwan Shares Close Up 0.60% on Strong Turnover

Taipei: Taiwan shares ended up 135.23 points, or 0.60 percent, at 22,712.97 Thursday on turnover of NT$374.36 billion (US$12.96 billion).

According to Focus Taiwan, the market showed a notable increase in trading activity, contributing to the rise i…