Industry

Hon Hai Achieves Record May Sales Driven by AI Demand

Taipei: Taiwan-based manufacturing giant Hon Hai Precision Industry Co. on Friday reported its highest sales for May on the back of robust global demand for AI applications.

According to Focus Taiwan, the iPhone assembler, which has intensified AI d…

TSMC Chairman Expresses Optimism Amidst Stock Surge and AI Demand

Taipei: Taiwan Semiconductor Manufacturing Co. (TSMC) Chairman and CEO C.C. Wei announced at the company’s annual shareholders’ meeting that TSMC experienced a record-breaking year in 2025, with its stock price surging over 150%. Wei attributed this g…

Taiwan Shares Close Down 1.68%

Taipei: Taiwan shares ended down 781.70 points, or 1.68 percent, at 45,677.46 Thursday on turnover of NT$1.24 trillion (US$39.04 billion).

According to Focus Taiwan, the market experienced a decline as investors reacted to various market factors, re…

ITRI Becomes Green UAS Evaluation Body Under U.S. Drone Program

Taipei: Taiwan’s Industrial Technology Research Institute (ITRI) said Thursday it has become an authorized Green UAS evaluation body under a U.S. drone industry certification program. In addition, the institute signed a memorandum of understanding (MO…

Taiwan Launches One-Stop Banking Services for Foreign Residents

Taipei: Taiwan on Thursday launched a one-stop banking initiative aimed at making it easier for foreign residents to access financial services, designating six banks to provide streamlined account opening, credit card, and international transfer servi…