Industry

Taiex Rises Amid AI Stock Gains Despite Cautious Turnover

Taipei: Shares in Taiwan closed higher Wednesday led by AI-related stocks, while turnover was limited ahead of U.S. consumer price index (CPI) data due later in the day, dealers said. The Taiex, the Taiwan Stock Exchange’s benchmark index, ended up 39…

Hon Hai Achieves Record Q2 Net Profit Amid AI Surge

Taipei: Taiwan-based manufacturing giant Hon Hai Precision Industry Co. reported its highest-ever net profit for the second quarter on Wednesday, with cloud and networking devices accounting for more than 50 percent of its revenue during the current A…

Hon Hai Plans Major AI Production Expansion with 2026 Capex Focus

Taipei: Taiwan-based Hon Hai Precision Industry Co. announced Wednesday that its capital expenditure for 2026 will be directed towards expanding AI production capabilities, emphasizing its commitment to bolstering global research and development (Rand…

TSMC and Sony Collaborate on Next-Gen Image Sensors Joint Venture

Koshi city: Taiwan Semiconductor Manufacturing Co. (TSMC) announced Tuesday that it will form a joint venture with Sony Semiconductor Solutions Corp. to develop next-generation image sensors. In a statement, TSMC, the world’s largest contract chipmake…

Taiwan Shares Edge Higher Amid Middle East Tensions

Taipei: Shares in Taiwan closed slightly higher Tuesday after recouping earlier losses, as bargain hunters picked up select electronic component stocks despite continued military tensions in the Middle East, dealers said. The Taiex, the Taiwan Stock E…