Industry

U.S. Dollar Closes Lower On Taipei Forex Market

Taipei: The U.S. dollar fell against the Taiwan dollar on Friday, shedding NT$0.005 to close at NT$31.678.

According to Focus Taiwan, turnover during the trading session totaled US$1.395 billion. The greenback opened at NT$31.740 and moved between …

Taiwan Shares End Lower by 0.22%

Taipei: Taiwan shares ended down 73.40 points, or 0.22 percent, at 33,599.54 Friday on turnover of NT$631.11 billion (US$19.95 billion).

According to Focus Taiwan, the market witnessed a decline as trading concluded for the week. The turnover recor…

Hon Hai Reports Record February Sales Driven by AI Demand

Taipei: Taiwan-based manufacturing giant Hon Hai Precision Industry Co. on Thursday reported its highest-ever sales in the month of February, a result backed by the ongoing artificial intelligence boom. Despite fewer working days in February than usua…

Taiwan’s Industrial Output Hits Record High Driven by AI Demand

Taipei: Taiwan’s industrial production index and manufacturing subindex both hit record highs in January, driven by continued strong demand for artificial intelligence (AI) applications, the Ministry of Economic Affairs (MOEA) said Thursday. The indus…