Industry

Taiwan Shares Close Down 1.39%

Taipei: Taiwan shares ended down 308.53 points, or 1.39 percent, at 21,951.76 Thursday on turnover of NT$263.89 billion (US$7.97 billion).

According to Focus Taiwan, the market experienced a downturn, reflecting a day of declines for investors. The…

Taiwan Stock Exchange Index Opens Lower Amid Economic Concerns

Taipei: The Taiwan Stock Exchange’s main index witnessed a decline as it opened down by 167.09 points, settling at 22,093.20. The turnover for the session was recorded at NT$5.42 billion, equivalent to US$163.79 million.

According to Focus Taiwan, t…

TSMC Expected to Lead in 2nm Process Development: Analyst

Hsinchu: Although its rivals South Korea’s Samsung Electronics Co. and U.S.-based Intel Corp. are also racing to use the advanced 2-nanometer process to make microchips, Taiwan Semiconductor Manufacturing Co. (TSMC) is expected to lead its peers in th…

Taiwan Power Co. Seeks Approval for 6% Electricity Rate Increase

Taipei: An internal report from state-owned Taiwan Power Co. (Taipower) has revealed that the company is seeking the government’s approval to raise electricity rates by almost 6 percent on average. This move aims to mitigate significant financial loss…

TSMC Expected to Lead in 2nm Process Development: Analyst

Hsinchu: Although its rivals South Korea’s Samsung Electronics Co. and U.S.-based Intel Corp. are also racing to use the advanced 2-nanometer process to make microchips, Taiwan Semiconductor Manufacturing Co. (TSMC) is expected to lead its peers in th…